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Elgin 60124
4046 CONIFER Drive
$331,075
● House - Off Market

4046 CONIFER Drive

ELGIN, IL 60124
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,055 Ft²
$548,995
RealtyHop Estimate
64.78%
Since Apr 1, 2017
National-US
Primary Model

About This Property

*** NEW CONSTRUCTION *** IMMEDIATE DELIVERY *** Burlington school district! This  WINDSOR features over 46K in upgrades and includes stainless steel appliances, garden master bath, granite kitchen counter, hardwood flooring, fireplace, full basement and more! Standard features include 4 bedrooms, 2-1/2 baths, 2-story foyer, 9' 1st floor ceilings, kitchen + breakfast area, 1st floor study, living + dining rooms, walk-in closet in master bedroom, central air and 3-car garage! Nothing to do but move-in to this awesome new home!
Unit Size
3,055 Ft²
Days on Market
-
Land Size
-
Price per sqft
$109
Property Type
House
Property Taxes
-
HOA Dues
$45
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 #09313673)

Price History

Date / Event Date Event Price
Mar 7, 2020 No longer available -
No longer available
Oct 31, 2019 Listed $379,900
Listed
The manager has listed the unit size as 3055 square feet.
Mar 30, 2017 Sold
Premium
Sold
Aug 11, 2016 Listed by Lifestyles Real Estate Inc. $333,175
Listed by Lifestyles Real Estate Inc.

Property Highlights

Garage
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: 11,658
  • 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: CEDAR GROVE EAST REDEVELOPMENT
  • Land Acres: 0000000267
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: CEDAR GROVE EAST REDEVELOPMENT LOT 73

Neighborhood

  • School District Name: Central Community Unit School District 301
  • Census Tract: 850709

Geography

  • Parcel: 05-25-171-008
  • Lot: 73
  • Municipality: PLATO
  • Latitude: 42.0071
  • Longitude: -88.3944

    Address

  • Full Address: 4046 Conifer Dr
  • Address - House Number: 4046
  • Address - Street Name: Conifer
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Elgin
  • Carrier Code: R026
  • 4-Digit Zip Code: 3146
  • Zip Code: 60124

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,110,762
  • Tax Rate Code Area: PL039

    Appraisal Valuation

  • Standard Deviation: 0.1347
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 84
  • Final Value: 484,785
  • High Value: 550,105
  • Low Value: 419,464

    Market Valuation

  • Market Total Value: $358,364
  • Market Land Value: $64,097
  • Market Improvement Value: $294,268

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $119,407
  • Assessed Land Value: $21,357
  • Assessed Improvements Value: $98,050

    Sales

  • Current Sale Contract Date: Dec 29, 2020
  • Current Sale Recording Date: Feb 02, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021K008869
  • Previous Sale Recording Date: Feb 03, 2020
  • Previous Sale Contract Date: Jan 16, 2020
  • Previous Sale Amount: $365,000
  • 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 Elgin

Stats & Trends

Median Asking:

$360,000

Sale Price/ft²

$205

Below Asking

0.01%

Average Days on Market

45

Average Home Size

2103 ft²

Average Home Age

34.9 years

Currently For Sale

159 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 3675 Shaughnessy Drive, Elgin, IL, 60124

$3,950 /mo

  • 4 Beds
  • 3 Baths
  • 3,550 ft²
3675 Shaughnessy Drive, Elgin, IL, 60124 Listing by Robert Wisdom

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: , Lifestyles Real Estate Inc.
Last Updated: 3 years ago
Data Source: MRED, MLS# 09313673
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 4046 Conifer Drive built and last sold?
The property at 4046 Conifer Drive was built in and last sold on Dec 29, 2020 for $395,000.
How much is this home worth?
The estimated value of the home located at 4046 Conifer Drive is $0.
What are some comparable homes to 4046 Conifer Drive?
There are currently no comparable homes to 4046 Conifer Drive.
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