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Elgin 60124
306 COMSTOCK
$303,373
● House - Off Market

306 COMSTOCK

ELGIN, IL 60124
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,653 Ft²
$727,982
RealtyHop Estimate
108.00%
Since Jan 1, 2009
National-US
Primary Model

About This Property

BURLINGTON SCHOOLS! PRE CONSTRUCTION~GRAND OPENING~COME CHECK OUT THIS NEW 4 BEDROOM + LOFT. HOME HAS FORMAL LIVING & DINNING RMS. 9' CEILINGS. FULL BASEMENT. 1ST FLOOR DEN. LARGE KITCHEN W/ISLAND, PANTRY & BREAKFAST AREA. LARGE MASTER BEDROOM W/WALK-IN CLOSET & LUXURY BATH W/DOUBLE VANITY, SEPARATE SHOWER & SOAK TUB. 1ST FLOOR LAUNDRY. PHOTO'S ARE OF MODEL HOME.
Unit Size
2,653 Ft²
Days on Market
-
Land Size
-
Price per sqft
$132
Property Type
House
Property Taxes
-
HOA Dues
$35
Year Built
2009

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2009
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,354
  • Garage Type: 1
  • Garage Square Area: 550
  • Parking Space Count: 2
  • Patio Type: 55
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,068
  • Total Building Area: 2,652
  • Gross Building Area: 2,652
  • Building Area: 2,652
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 2,652
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SHADOW HILL
  • Land Acres: 0000000300
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: SHADOW HILL UNIT 1A LT 4

Neighborhood

  • School District Name: Central Community Unit School District 301
  • Census Tract: 850711

Geography

  • Parcel: 05-24-279-003
  • Lot: 4
  • Municipality: PLATO
  • Latitude: 42.0208
  • Longitude: -88.3777

    Address

  • Full Address: 306 Comstock Dr
  • Legal Unit: 1A
  • Address - House Number: 306
  • Address - Street Name: Comstock
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Elgin
  • Carrier Code: R014
  • 4-Digit Zip Code: 3827
  • Zip Code: 60124

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,090,144
  • Tax Rate Code Area: PL030

    Appraisal Valuation

  • Standard Deviation: 0.1516
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 81
  • Final Value: 454,926
  • High Value: 523,926
  • Low Value: 385,925

    Market Valuation

  • Market Total Value: $352,047
  • Market Land Value: $64,097
  • Market Improvement Value: $287,950

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $117,302
  • Assessed Land Value: $21,357
  • Assessed Improvements Value: $95,945

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 05, 2017
  • Current Sale Recording Date: May 10, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2017K023834
  • Previous Sale Recording Date: Dec 19, 2008
  • Previous Sale Contract Date: Nov 11, 2008
  • Previous Sale Amount: $303,500
  • Previous Sale Document Type: 68
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Elgin

Stats & Trends

Median Asking:

$360,000

Sale Price/ft²

$206

Below Asking

0.01%

Average Days on Market

45

Average Home Size

2100 ft²

Average Home Age

34 years

Currently For Sale

161 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 3675 Shaughnessy Drive, Elgin, IL, 60124

$3,950 /mo

  • 4 Beds
  • 3 Baths
  • 3,550 ft²
3675 Shaughnessy Drive, Elgin, IL, 60124 Listing by Robert Wisdom

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Jodi Sagil, Coldwell Banker Residential
Data Source: MRED, MLS# MRD06728687
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 306 Comstock Drive built and last sold?
The property at 306 Comstock Drive was built in 2009 and last sold on May 5, 2017 for $307,500.
How much is this home worth?
The estimated value of the home located at 306 Comstock Drive is $328,744.
What are some comparable homes to 306 Comstock Drive?
There are currently no comparable homes to 306 Comstock Drive.
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