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Cary 60013 Candlewood Trails
318 Burr Oak Circle
$315,000
● House - Off Market

318 Burr Oak Circle

Cary, IL 60013
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,896 Ft²
$304,010
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

CHARMING 4 BEDROOM IN SOUGHT AFTER CANDLEWOOD TRAILS NEIGHBORHOOD. POPULAR REDWOOD MODEL. BRIGHT KITCHEN WITH WHITE CABINETRY, TILE BACKSPLASH AND CUSTOM TABLE WITH BUILT-IN CABINETRY. BRICK FIREPLACE AND CUSTOM OAK MANTEL. FINISHED REC ROOM IN BASEMENT WITH BAR, BUILT-IN SHELVING AND SEPARATE STORAGE AND CRAWL. RELAXING PERGOLA COVERED PATIO WITH ABOVE GROUND POOL. NEWER WINDOWS AND WATER HEATER. FURNACE UPDATES IN 2019. NEWER WASHER/DRYER. ONE OF THE LARGEST LOTS IN SUBDIVISION. THIS HOME IS WELL MAINTAINED. CLOSE TO PARKS, LIBRARY AND SCHOOLS. THIS ONE WON'T LAST!
Unit Size
1,896 Ft²
Days on Market
-
Land Size
-
Price per sqft
$158
Property Type
House
Property Taxes
$652
HOA Dues
-
Year Built
1983

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #11311204)

Price History

Date / Event Date Event Price
Apr 15, 2022 Sold
Premium
Sold
Jan 25, 2022 Listed by Grand Realty Group, Inc. $299,900
Listed by Grand Realty Group, Inc.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 41
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 552
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,307
  • Total Building Area: 2,448
  • Building Area: 2,310
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,310
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CANDLEWOOD TRAILS
  • Land Acres: 0000000214
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2022R0014475 LT 116 CANDLEWOOD TRAILS UNIT 2

Neighborhood

  • School District Name: Cary Community Consolidated School District 26
  • Census Tract: 871307

Geography

  • Parcel: 20-07-402-008
  • Block: 402
  • Lot: 116
  • Municipality: ALGONQUIN TWP
  • Latitude: 42.2185
  • Longitude: -88.2281

    Address

  • Full Address: 318 Burr Oak Cir
  • Legal Unit: 2
  • Address - House Number: 318
  • Address - Street Name: Burr Oak
  • Address - Suffix Type: Cir
  • State: IL
  • City Name: Cary
  • Carrier Code: C009
  • 4-Digit Zip Code: 1659
  • Zip Code: 60013

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $846,222
  • Tax Rate Code Area: 20007

    Appraisal Valuation

  • Standard Deviation: 0.1655
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 79
  • Final Value: 366,483
  • High Value: 427,142
  • Low Value: 305,824

    Market Valuation

  • Market Total Value: $289,119
  • Market Land Value: $65,643
  • Market Improvement Value: $223,476

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $96,373
  • Assessed Land Value: $21,881
  • Assessed Improvements Value: $74,492

    Sales

  • Current Sale Contract Date: Apr 14, 2022
  • Current Sale Recording Date: Apr 20, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 14475
  • Previous Sale Recording Date: May 25, 2004
  • Previous Sale Contract Date: Apr 16, 2004
  • Previous Sale Amount: $247,500
  • Previous Sale Document Type: 71
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 Candlewood Trails

Stats & Trends

Median Asking:

$385,000

Sale Price/ft²

$212

Above Asking

0.00%

Average Days on Market

33

Average Home Size

2577 ft²

Average Home Age

42 years

Currently For Sale

1 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 527 Cary Woods Circle, Cary, IL, 60013

$2,550 /mo

  • 2 Beds
  • 2 Baths
  • 1,928 ft²
527 Cary Woods Circle, Cary, IL, 60013 Listing by Albert Pino
Unit for rent at 340 Cary-algonquin Road, Cary, IL, 60013

$1,210 /mo

  • 1 Bed
  • 1 Bath
  • 654 ft²
340 Cary-Algonquin Road #101, Cary, IL, 60013 Listing by Linda Dalrymple

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Tim Drevline, Grand Realty Group, Inc.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11311204
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 318 Burr Oak Circle built and last sold?
The property at 318 Burr Oak Circle was built in 1983 and last sold on Apr 14, 2022 for $315,000.
How much is this home worth?
The estimated value of the home located at 318 Burr Oak Circle is $0.
What are some comparable homes to 318 Burr Oak Circle?
There are currently no comparable homes to 318 Burr Oak Circle.
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