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Kane 60124
346 Comstock Drive
$365,000
● House - Off Market

346 Comstock Drive

Elgin, IL 60124
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,590 Ft²
$557,504
RealtyHop Estimate
46.75%
Since Aug 1, 2019
National-US
Primary Model

About This Property

Prime location with large backyard on private corner lot with dead end street. Enjoy this large home with 2 story living room and foyer. Spacious family room and kitchen with eating area. First floor den perfect for home office. Dual staircases lead to the second floor with huge master bedroom suite with walk-in closet and master bath with shower and large soaking tub. Second floor loft overlooks living room and foyer. Nice size secondary bedrooms. Full, finished basement with rec room and full bath. Electric fireplace in rec room. Large wet bar to die for and game room with pool table. Basement exercise room. Large patio off of kitchen. Three car garage. Ideal home for large family and entertaining guests.
Unit Size
3,590 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$106
Property Type
House
Property Taxes
$892
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 #10341536)

Price History

Date / Event Date Event Price
Jul 10, 2019 Sold
Premium
Sold
Apr 12, 2019 Listed by Doran & Associates $379,900
Listed by Doran & Associates

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 11
  • 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: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,719
  • Garage Type: 7
  • Garage Square Area: 425
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,810
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 850
  • Total Building Area: 3,590
  • Gross Building Area: 3,590
  • Building Area: 3,590
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 6
  • Heating: 0
  • Heated Square Feet: 3,590
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SHADOW HILL
  • Land Acres: 0000000340
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: SHADOW HILL UNIT 1B LT 154

Neighborhood

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

Geography

  • Parcel: 05-24-451-001
  • Lot: 154
  • Municipality: PLATO
  • Latitude: 42.0172
  • Longitude: -88.3822

    Address

  • Full Address: 346 Comstock Dr
  • Legal Unit: 1B
  • Address - House Number: 346
  • 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: $1,217,404
  • Tax Rate Code Area: PL030

    Appraisal Valuation

  • Standard Deviation: 0.1494
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 81
  • Final Value: 524,334
  • High Value: 602,699
  • Low Value: 445,970

    Market Valuation

  • Market Total Value: $391,041
  • Market Land Value: $64,097
  • Market Improvement Value: $326,945

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $130,295
  • Assessed Land Value: $21,357
  • Assessed Improvements Value: $108,938

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 10, 2019
  • Current Sale Recording Date: Jul 22, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2019K031647
  • Previous Sale Recording Date: Jun 07, 2006
  • Previous Sale Contract Date: Apr 01, 2006
  • Previous Sale Amount: $382,500
  • 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 Kane

Stats & Trends

Median Asking:

$399,999

Sale Price/ft²

$215

Below Asking

0.01%

Average Days on Market

44

Average Home Size

2418 ft²

Average Home Age

33.4 years

Currently For Sale

866 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: Michael Doran, Doran & Associates
Last Updated: 3 years ago
Data Source: MRED, MLS# 10341536
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 346 Comstock Drive built and last sold?
The property at 346 Comstock Drive was built in 2006 and last sold on Jul 10, 2019 for $365,000.
How much is this home worth?
The estimated value of the home located at 346 Comstock Drive is $0.
What are some comparable homes to 346 Comstock Drive?
There are currently no comparable homes to 346 Comstock Drive.
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