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Elgin 60124
3620 Daisy Lane
$265,000
● House - Off Market

3620 Daisy Lane

Elgin, IL 60124
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,276 Ft²
$263,516
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

This great 2 story detached townhome has so much to offer. Kitchen has beautiful dark maple cabinets and newer appliances. 2 spacious bedrooms with a Jack n Jill bathroom. Lower level is perfect for all your entertaining needs. Laundry room and storage area under the stairs. 2 car attached garage. HOA fees include lawn maintenance and snow removal. Close to shopping, restaurants, expressways and much more. City-like subdivision with alleys in the back. Tennis courts, basketball courts, a park and a pond are all right down the street. Highly rated district 301 schools. This is the perfect place to call home. Make us an offer today!
Unit Size
1,276 Ft²
Days on Market
-
Land Size
-
Price per sqft
$208
Property Type
House
Property Taxes
$504
HOA Dues
$157
Year Built
-

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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 #11817641)

Price History

Date / Event Date Event Price
Aug 31, 2023 Sold
Premium
Sold
Jun 26, 2023 Listed by Homesmart Connect LLC $265,000
Listed by Homesmart Connect LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,933
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WEST POINT GARDENS
  • Land Acres: 0000000044
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: WEST POINT GARDENS PHASE 1 PT OF LT 479 DESC IN DOC 2014K053866

Neighborhood

  • School District Name: Central Community Unit School District 301
  • Census Tract: 851911

Geography

  • Subdivision Phase Number: 1
  • Parcel: 06-18-255-099
  • Lot: 479
  • Municipality: ELGIN
  • Latitude: 42.0383
  • Longitude: -88.3683

    Address

  • Full Address: 3620 Daisy Ln
  • Address - House Number: 3620
  • Address - Street Name: Daisy
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Elgin
  • Carrier Code: R029
  • 4-Digit Zip Code: 1201
  • Zip Code: 60124

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $604,548
  • Tax Rate Code Area: EL074

    Appraisal Valuation

  • Standard Deviation: 0.1526
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 81
  • Final Value: 266,392
  • High Value: 307,067
  • Low Value: 225,717

    Market Valuation

  • Market Total Value: $189,385
  • Market Land Value: $64,295
  • Market Improvement Value: $125,090

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $63,103
  • Assessed Land Value: $21,423
  • Assessed Improvements Value: $41,680

    Sales

  • Current Sale Contract Date: Aug 15, 2023
  • Current Sale Recording Date: Sep 07, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 31006
  • Previous Sale Recording Date: Dec 14, 2016
  • Previous Sale Contract Date: Oct 14, 2016
  • Previous Sale Amount: $204,000
  • 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 Elgin

Stats & Trends

Median Asking:

$360,000

Sale Price/ft²

$206

Below Asking

0.01%

Average Days on Market

44

Average Home Size

2113 ft²

Average Home Age

34.4 years

Currently For Sale

163 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: Corey Ringa, Homesmart Connect LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11817641
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 3620 Daisy Lane built and last sold?
The property at 3620 Daisy Lane was built in and last sold on Aug 15, 2023 for $265,000.
How much is this home worth?
The estimated value of the home located at 3620 Daisy Lane is $0.
What are some comparable homes to 3620 Daisy Lane?
There are currently no comparable homes to 3620 Daisy Lane.
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