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Wauconda 60084 Country Ridge
422 Farmhill Circle
$359,000
● House - Off Market

422 Farmhill Circle

Wauconda, IL 60084
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,278 Ft²
$2,331
Est. Monthly
7.33%
Cap Rate

About This Property

Looking for a ranch with a full finished basement?  This beautiful home is in Country Ridge is in perfect condition.  Sellers have updated just about everything including windows, roof, mechanicals, driveway, kitchen, baths and appliances.  New deck and gazebo in private backyard. Living room, dining area, kitchen, laundry room, master bedroom/bath and 2 more bedrooms and full bath on first floor.  Full finished basement with 2 good size bedrooms, full bath, huge rec room with a bar.  Explore the seamless blend of indoor and outdoor living, where the private yard becomes your personal oasis.  There is a sprinkler system in the front and backyard and is metered separately which does not include sewer charges.
Unit Size
1,278 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$273
Property Type
House
Property Taxes
$617
HOA Dues
-
Year Built
1990

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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 #11961402)

Price History

Date / Event Date Event Price
Mar 12, 2024 Sold
Premium
Sold
Jan 29, 2024 Listed by Berkshire Hathaway HomeServices Starck Real Estate $349,000
Listed by Berkshire Hathaway HomeServices Starck Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,278
  • Garage Type: 1
  • Garage Square Area: 538
  • Parking Space Count: 2
  • Patio Type: 69
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,832
  • Total Building Area: 3,094
  • Gross Building Area: 3,094
  • Building Area: 1,278
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,278
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COUNTRY RIDGE PHASE 3B
  • Land Acres: 0000000180
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: COUNTRY RIDGE PHASE 3B; LT LOT 249

Neighborhood

  • School District Name: Wauconda Community Unit School District 118
  • Census Tract: 864207

Geography

  • Assessors Map Reference: 2587-D7
  • District: WAUCONDA
  • Subdivision Phase Number: 3
  • Parcel: 09-26-118-019
  • Lot: 249
  • Municipality: TWP OF WAUCONDA
  • Latitude: 42.2667
  • Longitude: -88.1533

    Address

  • Full Address: 422 Farmhill Cir
  • Address - House Number: 422
  • Address - Street Name: Farmhill
  • Address - Suffix Type: Cir
  • State: IL
  • City Name: Wauconda
  • Carrier Code: C007
  • 4-Digit Zip Code: 1796
  • Zip Code: 60084

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $740,090
  • Tax Rate Code Area: 13041

    Appraisal Valuation

  • Standard Deviation: 0.0897
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 92
  • Final Value: 342,413
  • High Value: 373,128
  • Low Value: 311,697

    Market Valuation

  • Market Total Value: $216,043
  • Market Land Value: $50,372
  • Market Improvement Value: $165,671

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $72,007
  • Assessed Land Value: $16,789
  • Assessed Improvements Value: $55,218

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 04, 2024
  • Current Sale Recording Date: Mar 13, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 8024198
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 Country Ridge

Stats & Trends

Median Asking:

$395,000

Sale Price/ft²

$224

Above Asking

0.00%

Average Days on Market

33

Average Home Size

2029 ft²

Average Home Age

33.7 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 561 Marina Street, Wauconda, IL, 60084

$2,999 /mo

  • 2 Beds
  • 2 Baths
  • 1,617 ft²
561 Marina Street, Wauconda, IL, 60084 Listing by Chris Peters

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Valarie Werderitch, Berkshire Hathaway HomeServices Starck Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11961402
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 422 Farmhill Circle built and last sold?
The property at 422 Farmhill Circle was built in 1990 and last sold on Mar 4, 2024 for $359,000.
How much is this home worth?
The estimated value of the home located at 422 Farmhill Circle is $352,490.
What are some comparable homes to 422 Farmhill Circle?
There are currently no comparable homes to 422 Farmhill Circle.
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