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Elgin 60124
311 Comstock Drive
$438,000
● House - Off Market

311 Comstock Drive

Elgin, IL 60124
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,726 Ft²
$420,687
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

Impeccably kept custom built home in Elgin's West side community of Shadow Hill. Located in highly rated school district 301, close to Randall Rd. with numerous restaurants, shops and much more. This home sits just down the street from the neighborhood's park, tennis courts & pond...centrally located for a perfect spring walk with the kids! Why would you build new and wait for months to move in when this home is move in ready with a beautifully semi-finished basement that features an amazing batting cage set up which is a baseballer's dream. Exquisitely kept wood floors on the main level, kitchen features wood cabinets, walk in pantry, breakfast bar in the island. Walk upstairs to all 4 good sized bedrooms and a loft that could be used as an office or play area. Schedule to see this one today!
Unit Size
2,726 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$152
Property Type
House
Property Taxes
$807
HOA Dues
$35
Year Built
2006

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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.

Last updated: 3 years ago (MRED MLS #11321757)

Price History

Date / Event Date Event Price
Apr 1, 2022 Sold
Premium
Sold
Feb 15, 2022 Listed by @properties | Christie's International Real Estate $415,000
Listed by @properties | Christie's International Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • 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: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,326
  • Total Building Area: 2,708
  • Gross Building Area: 2,708
  • Building Area: 2,708
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 2,708
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SHADOW HILL
  • Land Acres: 0000000260
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: SHADOW HILL UNIT 1A LT 34

Neighborhood

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

Geography

  • Parcel: 05-24-426-006
  • Lot: 34
  • Municipality: PLATO
  • Latitude: 42.02
  • Longitude: -88.3783

    Address

  • Full Address: 311 Comstock Dr
  • Legal Unit: 1A
  • Address - House Number: 311
  • 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: $1,106,892
  • Tax Rate Code Area: PL030

    Appraisal Valuation

  • Standard Deviation: 0.1403
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 83
  • Final Value: 471,392
  • High Value: 537,561
  • Low Value: 405,224

    Market Valuation

  • Market Total Value: $357,179
  • Market Land Value: $64,097
  • Market Improvement Value: $293,082

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $119,012
  • Assessed Land Value: $21,357
  • Assessed Improvements Value: $97,655

    Sales

  • Current Sale Contract Date: Apr 01, 2022
  • Current Sale Recording Date: Apr 18, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20729
  • Previous Sale Recording Date: Dec 28, 2005
  • Previous Sale Contract Date: Nov 21, 2005
  • Previous Sale Amount: $345,000
  • 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

$205

Below Asking

0.01%

Average Days on Market

44

Average Home Size

2107 ft²

Average Home Age

35.5 years

Currently For Sale

158 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: Karri Gibas, @properties | Christie's International Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11321757
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 311 Comstock Drive built and last sold?
The property at 311 Comstock Drive was built in 2006 and last sold on Apr 1, 2022 for $428,000.
How much is this home worth?
The estimated value of the home located at 311 Comstock Drive is $0.
What are some comparable homes to 311 Comstock Drive?
There are currently no comparable homes to 311 Comstock Drive.
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