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Algonquin 60102 Terrace Lakes
3821 Wintergreen Terrace
$545,000
● House - Off Market

3821 Wintergreen Terrace

Algonquin, IL 60102
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,000 Ft²
$2,746
Est. Monthly
7.32%
Cap Rate

About This Property

Former Builder's model which has never been lived in with $20K+ in upgrades. Custom Details deliver an exceptional quality-built home for the money. Custom kitchen with upgraded cabinets and unique layout, crown moldings, quartz, built-in oven and more. Gleaming hardwood floors, huge family room with custom fireplace and more crown molding. Luxury Master Bath with soaking tub, separate sinks and custom tiled shower. Detailed Trim, crown moldings, tray ceiling. 1/2-acre lot with mature landscaping and nice patio. 3 car side load garage, and exterior access to the basement. Close to shopping, amenities and across the street from the District 158 schools.
Unit Size
3,000 Ft²
Days on Market
-
Land Size
0.56 acres
Price per sqft
$183
Property Type
House
Property Taxes
$45
HOA Dues
-
Year Built
-

Payment Calculator

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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 #11917719)

Price History

Date / Event Date Event Price
Jan 12, 2024 Sold
Premium
Sold
Oct 26, 2023 Listed by Keller Williams Success Realty $550,000
Listed by Keller Williams Success Realty

Property Highlights

Air Conditioning
Fireplace

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: 23,522
  • 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: TERRACE LAKES
  • Land Acres: 0000000540
  • Standard Land Use Code: 1001
  • County Land Use Code: 0041
  • Legal Description 1: DOC 2008R0002114 LT 90 TERRACE LAKES UNIT 4

Neighborhood

  • School District Name: Huntley Consolidated School District 158
  • Census Tract: 871107

Geography

  • Parcel: 18-36-179-001
  • Lot: 90
  • Municipality: GRAFTON TWP
  • Latitude: 42.1626
  • Longitude: -88.3687

    Address

  • Full Address: 3821 Wintergreen Ter
  • Legal Unit: 4
  • Address - House Number: 3821
  • Address - Street Name: Wintergreen
  • Address - Suffix Type: Ter
  • State: IL
  • City Name: Algonquin
  • Carrier Code: C016
  • 4-Digit Zip Code: 6312
  • Zip Code: 60102

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $54,322
  • Tax Rate Code Area: 18018

    Appraisal Valuation

  • Standard Deviation: 0.0972
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 91
  • Final Value: 547,501
  • High Value: 600,748
  • Low Value: 494,254

    Market Valuation

  • Market Total Value: $19,707
  • Market Land Value: $19,707

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $6,569
  • Assessed Land Value: $6,569

    Sales

  • Current Sale Contract Date: Jan 04, 2024
  • Current Sale Recording Date: Jan 17, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 1114
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 Terrace Lakes

Stats & Trends

Median Asking:

$669,900

Sale Price/ft²

$237

Below Asking

0.01%

Average Days on Market

65

Average Home Size

3248 ft²

Average Home Age

23 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 501 Tuscany Drive, Algonquin, IL, 60102

$3,750 /mo

  • 4 Beds
  • 3 Baths
  • 2,267 ft²
501 Tuscany Drive, Algonquin, IL, 60102 Listing by Amber McEstes
Unit for rent at 103 Ellis Road, Algonquin, IL, 60102

$3,600 /mo

  • 4 Beds
  • 2 Baths
  • 2,292 ft²
103 Ellis Road, Algonquin, IL, 60102 Listing by Subica Rauf

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Vincent Romano, Keller Williams Success Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11917719
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 3821 Wintergreen Terrace built and last sold?
The property at 3821 Wintergreen Terrace was built in and last sold on Jan 4, 2024 for $545,000.
How much is this home worth?
The estimated value of the home located at 3821 Wintergreen Terrace is $0.
What are some comparable homes to 3821 Wintergreen Terrace?
There are currently no comparable homes to 3821 Wintergreen Terrace.
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