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Des Plaines 60016
403 Sandy Lane
Photo of 403 Sandy Lane
Sold on Jul 16, 2021

32

Map

Photo of 403 Sandy Lane
Photo of 403 Sandy Lane
$385,000
● House - Off Market

403 Sandy Lane

Des Plaines, IL 60016
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,693 Ft²
$404,518
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model
Unit Size
1,693 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$207
Property Type
House
Property Taxes
$546
HOA Dues
-
Year Built
1965

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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.

Property Highlights

Parking Available
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 60
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,636
  • Lot Size Depth Feet: 680
  • Lot Size Frontage Feet: 1,270
  • Total Building Area: 1,693
  • Gross Building Area: 1,693
  • Building Area: 1,693
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,693
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: KUNTZES HIGH RIDGE KNOLLS UNIT6
  • Land Acres: 0000000198
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-07
  • Legal Description 1: (KUNTZES) HIGH RIDGE (KNOLLS)(UNIT6) RESUB OF PTS OF LTS 12 & 13 OF OWNERS SUB OF SEC 13 SEC 13-41-11

Neighborhood

  • School District Name: Township High School District 214
  • Census Tract: 804902

Geography

  • District: 16
  • Parcel: 08-13-317-011-0000
  • Block: 2
  • Lot: 12,13
  • Meridian: SEC 13 TWN 41N RNG 11E
  • Municipality: ELK GROVE
  • Latitude: 42.0424
  • Longitude: -87.9319

    Address

  • Full Address: 403 Sandy Ln
  • Legal Unit: 6
  • Address - House Number: 403
  • Address - Street Name: Sandy
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Des Plaines
  • Carrier Code: C030
  • 4-Digit Zip Code: 2638
  • Zip Code: 60016

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $747,182
  • Tax Rate Code Area: 16042

    Appraisal Valuation

  • Standard Deviation: 0.2291
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 444,531
  • High Value: 546,408
  • Low Value: 342,655

    Market Valuation

  • Market Total Value: $370,000
  • Market Land Value: $77,720
  • Market Improvement Value: $292,280

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $37,000
  • Assessed Land Value: $7,772
  • Assessed Improvements Value: $29,228

    Sales

  • Current Sale Contract Date: Jul 16, 2021
  • Current Sale Recording Date: Jul 20, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2120147003
  • Previous Sale Recording Date: Apr 06, 1999
  • Previous Sale Contract Date: Mar 22, 1999
  • Previous Sale Amount: $225,000
  • 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 Des Plaines

Stats & Trends

Median Asking:

$400,000

Sale Price/ft²

$250

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1634 ft²

Average Home Age

50 years

Currently For Sale

102 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 70 Dover Drive, Des Plaines, IL, 60018

$3,400 /mo

  • 4 Beds
  • 2 Baths
  • 1,783 ft²
70 Dover Drive, Des Plaines, IL, 60018 Listing by Eliana Leiva
Unit for rent at 904 S Edward Street, Mount Prospect, IL, 60056

$3,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,562 ft²
904 S Edward Street, Mount Prospect, IL, 60056 Listing by Radoslaw Marzol

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Jessica Martini, d'aprile properties
Data Source: MRED, MLS# MRD11004499
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 403 Sandy Lane built and last sold?
The property at 403 Sandy Lane was built in 1965 and last sold on Jul 16, 2021 for $385,000.
How much is this home worth?
The estimated value of the home located at 403 Sandy Lane is $0.
What are some comparable homes to 403 Sandy Lane?
There are currently no comparable homes to 403 Sandy Lane.
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