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Carroll 61046
31-3 Lake Carroll Boulevard
$265,000
● House - Off Market

31-3 Lake Carroll Boulevard

Lake Carroll, IL 61046
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,215 Ft²
$2,135
Est. Monthly
$224
HOA / Fees
7.11%
Cap Rate

About This Property

Welcome to Lake Carroll!  This home is located very close to the community clubhouse and golf course! Plenty of natural light in the kitchen and dining area. Large great room with gas fireplace that connects to an enclosed porch.  There is also a nice glass sunroom off of the primary bedroom. Enjoy the fire pit and pond feature from the newer deck and patio.  With an extra garage, there is plenty of room for all of your toys!  Lake Carroll offers 640 acre lake,  an outstanding 18 hole golf course and pro-shop, 14 miles of ATV/snowmobile trails, equestrian area, campground, Clubhouse with dining and bar facilities, Lodge with exerciseroom, bar, indoor/outdoor pools, tennis/pickle ball, plus many clubs, committees and year around activities ans entertainment to enjoy! There is something for everyone here!
Unit Size
2,215 Ft²
Days on Market
-
Land Size
1.15 acres
Price per sqft
$124
Property Type
House
Property Taxes
$560
HOA Dues
$224
Year Built
2001

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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
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,431
  • Garage Type: 10
  • Garage Square Area: 784
  • Parking Space Count: 3
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 100,188
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,215
  • Building Area: 2,215
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,215
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FAIRWAY ESTATES
  • Land Acres: 0000002300
  • Standard Land Use Code: 1001
  • Legal Description 1: LOT 3 SECTION 31 FAIRWAY ESTATES LAKE CARROLL

Neighborhood

  • School District Name: Eastland Community Unit School District 308
  • Census Tract: 960100

Geography

  • District: 01003
  • Section: 31
  • Parcel: 01-05-07-331-003
  • Lot: 3
  • Municipality: CHERRY GROVE/SHANNON TWP
  • Latitude: 42.1732
  • Longitude: -89.854

    Address

  • Full Address: 31-3 Lake Carroll Blvd
  • Address - House Number: 31-3
  • Address - Street Name: Lake Carroll
  • Address - Suffix Type: Blvd
  • State: IL
  • City Name: Lanark
  • Carrier Code: R002
  • 4-Digit Zip Code: 9641
  • Zip Code: 61046

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $510,278
  • Tax Rate Code Area: 01003

    Appraisal Valuation

  • Standard Deviation: 0.2012
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 72
  • Final Value: 366,473
  • High Value: 440,219
  • Low Value: 292,727

    Market Valuation

  • Market Total Value: $284,734
  • Market Land Value: $10,921
  • Market Improvement Value: $273,813

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $94,902
  • Assessed Land Value: $3,640
  • Assessed Improvements Value: $91,262
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 Carroll

Stats & Trends

Median Asking:

$146,000

Sale Price/ft²

$86

Below Asking

0.04%

Average Days on Market

64

Average Home Size

1949 ft²

Average Home Age

88.3 years

Currently For Sale

32 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

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MRED

Listed by: Tracey DeCrane, RE/MAX Town Lake & Country
Data Source: MRED, MLS# MRD12337233
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 31-3 Lake Carroll Boulevard built and last sold?
The property at 31-3 Lake Carroll Boulevard was built in 2001 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 31-3 Lake Carroll Boulevard is $0.
What are some comparable homes to 31-3 Lake Carroll Boulevard?
There are currently no comparable homes to 31-3 Lake Carroll Boulevard.
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