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Lindenhurst 60046 Waterford Woods
358 TEAL Road
$300,000
● House - Off Market

358 TEAL Road

Lindenhurst, IL 60046
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,800 Ft²
$2,298
Est. Monthly
5.62%
Cap Rate

About This Property

LOCATION,LOCATON,LOCATION!! MILLBURN SCHOOLS AND LAKES HIGH SCHOOL!!!WELCOME TO THIS GRAND 3 BEDROOM, 2 BATHROOM SPLIT LEVEL. HOME LOCATED ON A CORNER LOT IN THE QUIET WATERFORD SUBDIVISION! THIS PROPERTY HAS  A LARGE FRONT AND SIDE YARD. YOU ARE ABLE TO WALK TO THE PARK AND LAKE, BIKE OR HIKE IN THE ADJACENT FOREST PRESERVE. THIS WELL-KEPT HOME HAS VAULTED CEILINGS, HARDWOOD FLOORS, FIREPLACE, SUNROOM, DECK AND A FENCED YARD. THIS HOME IS GREAT FOR FAMILY AND ENTERTAINING. NEWER CONCRETE DRIVE-WAY,ROOF AND SIDING 2014,WINDOWS 2010,A/C AND FURNANCE 2014,UPDATED BATHROOMS AND WASHING MACHINE 2023. WON'T LAST LONG!
Unit Size
1,800 Ft²
Days on Market
-
Land Size
-
Price per sqft
$167
Property Type
House
Property Taxes
$825
HOA Dues
-
Year Built
1986

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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 #11950936)

Price History

Date / Event Date Event Price
Mar 27, 2024 Sold
Premium
Sold
Feb 2, 2024 Listed by Homesmart Connect LLC $299,900
Listed by Homesmart Connect LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 39
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Patio Type: 69
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,799
  • Total Building Area: 1,748
  • Gross Building Area: 1,748
  • Building Area: 1,268
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,268
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WATERFORD WOODS UNIT NO 3
  • Land Acres: 0000000248
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: WATERFORD WOODS UNIT NO 3 LOT 13 BLK 11

Neighborhood

  • School District Name: Millburn Community Consolidated School District 24
  • Census Tract: 861009

Geography

  • Assessors Map Reference: 2418-B7
  • District: LAKE VILLA
  • Parcel: 02-36-301-014
  • Block: 11
  • Lot: 13
  • Municipality: TWP OF LAKE VILLA
  • Latitude: 42.4217
  • Longitude: -88.0215

    Address

  • Full Address: 358 Teal Rd
  • Legal Unit: 3
  • Address - House Number: 358
  • Address - Street Name: Teal
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Lindenhurst
  • Carrier Code: R009
  • 4-Digit Zip Code: 8510
  • Zip Code: 60046

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $990,476
  • Tax Rate Code Area: 5128

    Appraisal Valuation

  • Standard Deviation: 0.1719
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 312,034
  • High Value: 365,676
  • Low Value: 258,393

    Market Valuation

  • Market Total Value: $243,855
  • Market Land Value: $38,836
  • Market Improvement Value: $205,019

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $81,277
  • Assessed Land Value: $12,944
  • Assessed Improvements Value: $68,333

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 26, 2024
  • Current Sale Recording Date: Apr 02, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 8027009
  • Previous Sale Recording Date: Sep 17, 1998
  • Previous Sale Contract Date: Sep 04, 1998
  • Previous Sale Amount: $150,000
  • 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 Waterford Woods

Stats & Trends

Median Asking:

$369,000

Sale Price/ft²

$207

Below Asking

0.01%

Average Days on Market

35

Average Home Size

2110 ft²

Average Home Age

48.5 years

Currently For Sale

2 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 37055 N Capillo Avenue, Lake Villa, IL, 60046

$2,250 /mo

  • 3 Beds
  • 1 Bath
  • 1,150 ft²
37055 N Capillo Avenue, Lake Villa, IL, 60046 Listing by John Worklan
Unit for rent at 3133 Falling Waters Lane, Lindenhurst, IL, 60046

$2,350 /mo

  • 2 Beds
  • 2 Baths
  • 1,208 ft²
3133 Falling Waters Lane, Lindenhurst, IL, 60046 Listing by Valentyna Artamonova

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Margie Izban, Homesmart Connect LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11950936
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 358 Teal Road built and last sold?
The property at 358 Teal Road was built in 1986 and last sold on Mar 26, 2024 for $300,000.
How much is this home worth?
The estimated value of the home located at 358 Teal Road is $307,195.
What are some comparable homes to 358 Teal Road?
There are currently no comparable homes to 358 Teal Road.
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