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Algonquin 60102 Terrace Lakes
3840 BUNKER HILL DR
$460,000
● House - Off Market

3840 BUNKER HILL DR

ALGONQUIN, IL 60102
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$791,700
RealtyHop Estimate
70.26%
Since Feb 1, 2007
National-US
Primary Model

About This Property

Very Motivated Seller! Gorgeous Williamsburg Model ! This immacualent home features 4 bedrooms plus a den/study, Master Suite with sitting area and luxury bath, 2 story FR with a soaring floor to ceiling Fireplace, 2nd floor laundry rm, tray ceilings, crown moldings, Gourmet Kitchen w/ 42" Cabinets,HW floors, Deep bsmt ,Fenced yard with custom paver patio
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$690
HOA Dues
-
Year Built
2004

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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: 2 years ago (MRED MLS #06322785)

Price History

Date / Event Date Event Price
Jan 17, 2007 Sold
Premium
Sold
Oct 26, 2006 Listed by GMAC Real Estate $465,000
Listed by GMAC Real Estate

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 28
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,411
  • Garage Type: 7
  • Garage Square Area: 747
  • Parking Space Count: 3
  • Patio Type: 11
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,107
  • Total Building Area: 4,849
  • Building Area: 4,354
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 4,354
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TERRACE LAKES
  • Land Acres: 0000000416
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2021R0033478 LT 20 TERRACE LAKES UNIT 1

Neighborhood

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

Geography

  • Parcel: 18-36-126-018
  • Lot: 20
  • Municipality: GRAFTON TWP
  • Latitude: 42.1671
  • Longitude: -88.3686

    Address

  • Full Address: 3840 Bunker Hill Dr
  • Legal Unit: 1
  • Address - House Number: 3840
  • Address - Street Name: Bunker Hill
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Algonquin
  • Carrier Code: C019
  • 4-Digit Zip Code: 6816
  • Zip Code: 60102

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,103,144
  • Tax Rate Code Area: 18018

    Appraisal Valuation

  • Standard Deviation: 0.151
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 81
  • Final Value: 535,399
  • High Value: 616,254
  • Low Value: 454,544

    Market Valuation

  • Market Total Value: $433,197
  • Market Land Value: $41,151
  • Market Improvement Value: $392,046

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $144,399
  • Assessed Land Value: $13,717
  • Assessed Improvements Value: $130,682

    Sales

  • Current Sale Contract Date: Mar 27, 2009
  • Current Sale Recording Date: Jan 06, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 2010R0000666
  • Previous Sale Recording Date: Aug 29, 2008
  • Previous Sale Contract Date: Aug 13, 2008
  • Previous Sale Document Type: 42
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

63

Average Home Size

3231 ft²

Average Home Age

14.2 years

Currently For Sale

0 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 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
Unit for rent at 1575 Stockton Lane, Crystal Lake, IL, 60014

$3,200 /mo

  • 4 Beds
  • 2 Baths
  • 1,770 ft²
1575 Stockton Lane, Crystal Lake, IL, 60014 Listing by Salvatore Cimino

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: , GMAC Real Estate
Last Updated: 2 years ago
Data Source: MRED, MLS# 06322785
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 3840 Bunker Hill Drive built and last sold?
The property at 3840 Bunker Hill Drive was built in 2004 and last sold on Mar 27, 2009 for $307,400.
How much is this home worth?
The estimated value of the home located at 3840 Bunker Hill Drive is $0.
What are some comparable homes to 3840 Bunker Hill Drive?
There are currently no comparable homes to 3840 Bunker Hill Drive.
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