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Elgin 60124
3468 Gallant Fox Drive
$615,000
● House - Off Market

3468 Gallant Fox Drive

Elgin, IL 60124
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,215 Ft²
$4,387
Est. Monthly
$315
HOA / Fees
4.42%
Cap Rate
Unit Size
3,215 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$194
Property Type
House
Property Taxes
$1,003
HOA Dues
$315
Year Built
2010

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Cap Rate Calculator

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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: 2010
  • Effective Year Built: 2010
  • 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: 1,251
  • Garage Type: 7
  • Garage Square Area: 490
  • Parking Space Count: 3
  • Patio Type: 79
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,632
  • Total Building Area: 2,992
  • Gross Building Area: 2,992
  • Building Area: 2,992
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 2,992
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIGHLAND WOODS
  • Land Acres: 0000000290
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: HIGHLAND WOODS NEIGHBORHOOD A LT 642

Neighborhood

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

Geography

  • Parcel: 05-01-499-006
  • Lot: 642
  • Municipality: PLATO
  • Latitude: 42.0576
  • Longitude: -88.3777

    Address

  • Full Address: 3468 Gallant Fox Dr
  • Address - House Number: 3468
  • Address - Street Name: Gallant Fox
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Elgin
  • Carrier Code: R032
  • 4-Digit Zip Code: 5701
  • Zip Code: 60124

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,092,428
  • Tax Rate Code Area: PL015

    Appraisal Valuation

  • Standard Deviation: 0.1509
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 81
  • Final Value: 530,657
  • High Value: 610,753
  • Low Value: 450,561

    Market Valuation

  • Market Total Value: $364,373
  • Market Land Value: $85,462
  • Market Improvement Value: $278,911

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $121,409
  • Assessed Land Value: $28,476
  • Assessed Improvements Value: $92,933

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 29, 2010
  • Current Sale Recording Date: Oct 04, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2010K065961
  • Previous Sale Recording Date: Jun 11, 2010
  • Previous Sale Contract Date: Jun 01, 2010
  • Previous Sale Amount: $45,000
  • 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:

$359,900

Sale Price/ft²

$206

Below Asking

0.01%

Average Days on Market

45

Average Home Size

2103 ft²

Average Home Age

36.7 years

Currently For Sale

155 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 726 Kentshire Circle, Elgin, IL, 60124

$4,000 /mo

  • 5 Beds
  • 3 Baths
  • 3,044 ft²
726 Kentshire Circle, Elgin, IL, 60124 Listing by Ramya Bonthapally

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Sarah Leonard, Legacy Properties, A Sarah Leonard Company, LLC
Data Source: MRED, MLS# MRD12455250
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 3468 Gallant Fox Drive built and last sold?
The property at 3468 Gallant Fox Drive was built in 2010 and last sold on Sep 29, 2010 for $309,000.
How much is this home worth?
The estimated value of the home located at 3468 Gallant Fox Drive is $0.
What are some comparable homes to 3468 Gallant Fox Drive?
There are currently no comparable homes to 3468 Gallant Fox Drive.
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