$312,500
●
House -
Off Market
491 Shenandoah Trail
Elgin, IL 60123
3 Beds
3 Baths,
1
Half Bath
1,636 Ft²
$325,682
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model
About This Property
This three bedroom, two and a half bath home is a must see! Walk
into a vaulted ceiling entryway with an abundance of light! The
living room and dining room are vaulted and have a wonderful flow
for entertaining. Kitchen has an eat-in table area and opens up to
the family room for open concept living. The second level consists
of a master bedroom with his and her closets and ensuite, two more
bedrooms with a full guest bathroom. Lots of storage/closet space
throughout the home. Laundry is located in the basement with a
laundry sink. Two car attached garage opens into a mudroom area off
the basement staircase. Backyard has mature trees and a concrete
patio great for outdoor living! Close to Randall Road and I90.
Unit Size
1,636 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$193
Property Type
House
Property Taxes
$502
HOA Dues
-
Year Built
1984
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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 #11452735)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 24, 2022 | Sold | ||
| Sold | |||
| Jul 3, 2022 | No longer available | - | |
| No longer available | |||
| Jul 1, 2022 | Listed by Keller Williams Inspire - Geneva | $315,000 | |
| Listed by Keller Williams Inspire - Geneva | |||
| May 26, 2022 | Listed by Keller Williams Inspire - Geneva | $324,900 | |
| Listed by Keller Williams Inspire - Geneva | |||
| | |||
|
This three bedroom, two and a half bath home is a must see! Walk into a vaulted ceiling entryway with an abundance of light! The living room and dining room are vaulted and have a wonderful flow for entertaining. Kitchen has an eat-in table area and opens up to the family room for open concept living. The second level consists of a master bedroom with his and her closets and ensuite, two more bedrooms with a full guest bathroom. Lots of storage/closet space throughout the home. Laundry is located in the basement with a laundry sink. Two car attached garage opens into a mudroom area off the basement staircase. Backyard has mature trees and a concrete patio great for outdoor living! Close to Randall Road and I90. The manager has listed the unit size as 1636 square feet.
| |||
Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Status
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Type
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Baths
ft²
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Listed On
Closing Price
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Sold On
HOA + Taxes
About Northwest Elgin
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Listed by: Carie Holzl, Keller Williams Inspire - Geneva
Last Updated: 3 years ago
Data Source: MRED, MLS# 11452735
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.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11452735
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