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South Elgin 60177
413 Sandhurst Lane
$217,000
● House - Off Market

413 Sandhurst Lane

South Elgin, IL 60177
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,220 Ft²
$236,867
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model
Unit Size
1,220 Ft²
Days on Market
-
Land Size
-
Price per sqft
$176
Property Type
House
Property Taxes
$318
HOA Dues
$137
Year Built
1994

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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

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 29
  • 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: 610
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 1,830
  • Gross Building Area: 1,830
  • Building Area: 1,220
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 1,220
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SANDHURST CONDO
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: CARRIAGE HOMES OF SANDHURST CONDO UNIT 2 BLDG 59

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 851907

Geography

  • Parcel: 06-34-103-054
  • Lot: 59
  • Municipality: ELGIN
  • Latitude: 41.999
  • Longitude: -88.3204

    Address

  • Full Address: 413 Sandhurst Ln
  • Legal Unit: 2
  • Address - House Number: 413
  • Address - Street Name: Sandhurst
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: South Elgin
  • Carrier Code: C006
  • 4-Digit Zip Code: 2942
  • Zip Code: 60177

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $437,492
  • Tax Rate Code Area: EL012

    Appraisal Valuation

  • Standard Deviation: 0.1537
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 81
  • Final Value: 232,565
  • High Value: 268,316
  • Low Value: 196,813

    Market Valuation

  • Market Total Value: $170,585
  • Market Land Value: $42,461
  • Market Improvement Value: $128,124

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $56,839
  • Assessed Land Value: $14,148
  • Assessed Improvements Value: $42,691

    Sales

  • Current Sale Contract Date: Dec 17, 2021
  • Current Sale Recording Date: Dec 23, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021K095175
  • Previous Sale Recording Date: Jun 03, 2019
  • Previous Sale Contract Date: May 24, 2019
  • Previous Sale Amount: $170,000
  • Previous Sale Document Type: 71
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 South Elgin

Stats & Trends

Median Asking:

$365,000

Sale Price/ft²

$216

Below Asking

0.01%

Average Days on Market

42

Average Home Size

2132 ft²

Average Home Age

21.4 years

Currently For Sale

39 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: Paul Molidor, Keller Williams Inspire - Geneva
Data Source: MRED, MLS# MRD11257751
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 413 Sandhurst Lane built and last sold?
The property at 413 Sandhurst Lane was built in 1994 and last sold on Dec 17, 2021 for $217,000.
How much is this home worth?
The estimated value of the home located at 413 Sandhurst Lane is $0.
What are some comparable homes to 413 Sandhurst Lane?
There are currently no comparable homes to 413 Sandhurst Lane.
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