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Kane 60124
38W566 Arrowmaker Pass
$310,000
● House - Off Market

38W566 Arrowmaker Pass

Elgin, IL 60124
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,196 Ft²
$371,287
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

Spacious home is located on a beautiful wooded lot of almost 1 acre, and backs up to Fitchie Creek and protected wildlife area. Features include HW floors, newer roof, renovated powder room, 6-panel doors, 2 fireplaces, 3-tier deck, all appliances, large shed, large walk-in crawl space for storage, plus more!  Country living, but close to shopping, restaurants, and major thoroughfares.  Home being sold "as-is". Premium home warranty is included.
Unit Size
2,196 Ft²
Days on Market
-
Land Size
0.90 acres
Price per sqft
$150
Property Type
House
Property Taxes
$629
HOA Dues
-
Year Built
1977

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 3 years ago (MRED MLS #11194197)

Price History

Date / Event Date Event Price
Oct 20, 2021 Sold
Premium
Sold
Aug 19, 2021 Listed by Berkshire Hathaway HomeServices Starck Real Estate $329,900
Listed by Berkshire Hathaway HomeServices Starck Real Estate

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 798
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,445
  • Total Building Area: 2,994
  • Gross Building Area: 2,994
  • Building Area: 2,196
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 2,196
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CATATOGA
  • Land Acres: 0000000928
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: CATATOGA 2 LOT 4

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 851913

Geography

  • Parcel: 06-30-126-020
  • Lot: 4
  • Municipality: ELGIN
  • Latitude: 42.0098
  • Longitude: -88.3717

    Address

  • Full Address: 38w566 Arrowmaker Pass
  • Address - House Number: 38w566
  • Address - Street Name: Arrowmaker
  • Address - Suffix Type: Pass
  • State: IL
  • City Name: Elgin
  • Carrier Code: R014
  • 4-Digit Zip Code: 4300
  • Zip Code: 60124

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $870,580
  • Tax Rate Code Area: EL006

    Appraisal Valuation

  • Standard Deviation: 0.1551
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 80
  • Final Value: 423,913
  • High Value: 489,675
  • Low Value: 358,152

    Market Valuation

  • Market Total Value: $345,459
  • Market Land Value: $96,894
  • Market Improvement Value: $248,565

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $115,107
  • Assessed Land Value: $32,285
  • Assessed Improvements Value: $82,822

    Sales

  • Current Sale Contract Date: Oct 13, 2021
  • Current Sale Recording Date: Nov 03, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2021K082934
  • Previous Sale Recording Date: May 23, 2005
  • Previous Sale Contract Date: May 11, 2005
  • Previous Sale Amount: $360,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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 Kane

Stats & Trends

Median Asking:

$399,990

Sale Price/ft²

$215

Below Asking

0.01%

Average Days on Market

44

Average Home Size

2435 ft²

Average Home Age

33.1 years

Currently For Sale

828 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: Vera Kincaid, Berkshire Hathaway HomeServices Starck Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11194197
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 38W566 Arrowmaker Pass built and last sold?
The property at 38W566 Arrowmaker Pass was built in 1977 and last sold on Oct 13, 2021 for $310,000.
How much is this home worth?
The estimated value of the home located at 38W566 Arrowmaker Pass is $339,947.
What are some comparable homes to 38W566 Arrowmaker Pass?
There are currently no comparable homes to 38W566 Arrowmaker Pass.
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