Ranch living without compromise-and a rare find in iconic Lake
Barrington Shores! This exceptional 3-bedroom, 3-bath end-unit
offers the ease of one-level living, a finished basement,
direct-entry garage and a private setting surrounded by mature
trees and pretty landscaping. Freshly painted throughout, the
home features hardwood floors across the entire main level and a
fireplace.The spacious main level is designed for comfortable
living and effortless entertaining, with inviting living and dining
rooms, including a fireplace that creates a warm focal point. The
white kitchen features abundant cabinetry, stainless appliances,
pantry and wonderful natural light. The generous primary suite
offers a large walk-in closet and private ensuite bath with
separate tub and shower and Kohler fixtures. Bedroom 2 is an ideal
guest suite with its own large walk-in closet and conveniently
located full bath. All baths feature crisp white finishes. A
covered patio provides a peaceful spot to enjoy the private
setting.The finished lower level dramatically expands the living
space with LVP flooring, recessed lighting and a second decorative
fireplace. A spacious third bedroom features two generous closets
and is complemented by a huge full bath with linen closet. There is
also abundant storage and a bright, well-organized laundry center.
And then there is Lake Barrington Shores-a gated community built
around a beautiful lake and golf course, offering an extraordinary
array of amenities and activities. Enjoy indoor and outdoor pools,
fitness center, tennis, pickleball and paddle courts, miles of
walking and biking paths, scenic waterfalls and ponds, and gorgeous
mature landscaping. Boats are available to rent for use on the
lake. The golf club offers a restaurant while the rec center has an
expansive event space for parties and gatherings. Golf membership
is available separately. Multiple gated entrances and 24-hour
manned security provide added peace of mind, while the
professionally managed association keeps the community running
smoothly. This home is close to the Kelsey Road gate for easy in
and out. Walk to ZaZa's, convenient mart, nail salon, bank and
more. A true ranch with an attached garage and no steps is a rare
find in Lake Barrington Shores-and this one delivers the lifestyle
to match.
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.
Laundry Features: Washer Hookup, Electric Dryer Hookup, In Unit
Rooms: 6
Has Fireplace
Fireplace Features: Wood Burning
Fireplaces: 1
Basement: Finished, Full
Exterior Details
Has Property Attached
Square Footage: 2399
Square Footage Source: $0
Year Built: 1995
Window Features: Screens
Construction Materials: Cedar
Patio and Porch Features: Patio
Lot Features: Landscaped, Common Grounds, Water Rights, Mature Trees
Lot Size Dimensions: Common
Water Source: Shared Well
Financial Details
Tax Annual Amount: $8,167
Utilities Details
Cooling Type: Central Air
Heating Type: Natural Gas, Forced Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Insurance, Security, Maintenance Grounds, Snow Removal, Internet, TV/Cable, Clubhouse, Exercise Facilities, Pool, Exterior Maintenance, Scavenger, Lake Rights
HOA/Condo/Coop Amenities: Boat Dock, Exercise Course, Golf Course, Party Room, Indoor Pool, Pool, Sauna, Tennis Court(s), Clubhouse, Picnic Area, Bike Room/Bike Trails, Health Club, On Site Manager/Engineer, Sundeck, Restaurant
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