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Cary 60013 Cimarron
498 Santa Fe Trail
$390,000
● House - Off Market

498 Santa Fe Trail

Cary, IL 60013
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,731 Ft²
$2,383
Est. Monthly
6.26%
Cap Rate

About This Property

Discover the perfect blend of comfort and style at 498 Sante Fe Trail in Cary! This stunning 3-bedroom, 2.1-bath home boasts an updated kitchen with sleek stainless-steel appliances, making it a chef's dream. The main level features gleaming hardwood floors, while the upstairs bathrooms showcase beautiful ceramic tile, updated vanities, and modern fixtures. The master bath offers a freshly resurfaced tub, ready for relaxation.  Enjoy additional living space in the partially finished basement, perfect for a rec room or home office. Step outside to a large patio, ideal for entertaining, and a spacious yard with a convenient shed for extra storage. Situated on a generous lot near parks and shopping, this home combines convenience with charm.
Unit Size
1,731 Ft²
Days on Market
-
Land Size
-
Price per sqft
$219
Property Type
House
Property Taxes
$517
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: 2 years ago (MRED MLS #12213751)

Price History

Date / Event Date Event Price
Jan 22, 2025 Sold
Premium
Sold
Dec 4, 2024 In contract -
In contract
Nov 20, 2024 Listed by Dream Real Estate, Inc. $379,900
Listed by Dream Real Estate, Inc.

Property Highlights

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 696
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,649
  • Total Building Area: 2,427
  • Building Area: 1,731
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,731
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CIMARRON UNIT 2
  • Land Acres: 0000000267
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2003R0087016 LT 154 CIMARRON UNIT 2 MEMO: PETRIAK, MARY E FKA HAFFERKAMP, MARY E

Neighborhood

  • School District Name: Cary Community Consolidated School District 26
  • Census Tract: 871312

Geography

  • Parcel: 19-11-477-017
  • Block: 477
  • Lot: 154
  • Municipality: ALGONQUIN TWP
  • Latitude: 42.2146
  • Longitude: -88.2587

    Address

  • Full Address: 498 Santa Fe Trl
  • Legal Unit: 2
  • Address - House Number: 498
  • Address - Street Name: Santa Fe
  • Address - Suffix Type: Trl
  • State: IL
  • City Name: Cary
  • Carrier Code: C010
  • 4-Digit Zip Code: 1980
  • Zip Code: 60013

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $721,256
  • Tax Rate Code Area: 19007

    Appraisal Valuation

  • Standard Deviation: 0.1615
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 79
  • Final Value: 336,887
  • High Value: 391,303
  • Low Value: 282,471

    Market Valuation

  • Market Total Value: $249,081
  • Market Land Value: $58,248
  • Market Improvement Value: $190,833

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $83,027
  • Assessed Land Value: $19,416
  • Assessed Improvements Value: $63,611

    Sales

  • Current Sale Contract Date: Dec 10, 1996
  • Current Sale Recording Date: Dec 18, 1996
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 96R-063780
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 Cimarron

Stats & Trends

Median Asking:

$444,500

Sale Price/ft²

$199

Above Asking

0.00%

Average Days on Market

31

Average Home Size

1900 ft²

Average Home Age

36 years

Currently For Sale

1 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 737 Wellington Lane, Cary, IL, 60013

$2,600 /mo

  • 3 Beds
  • 2 Baths
  • 1,574 ft²
737 Wellington Lane #737, Cary, IL, 60013 Listing by Anthony Mathews
Unit for rent at 527 Cary Woods Circle, Cary, IL, 60013

$2,450 /mo

  • 2 Beds
  • 2 Baths
  • 1,928 ft²
527 Cary Woods Circle, Cary, IL, 60013 Listing by Albert Pino

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Sally Cash, Dream Real Estate, Inc.
Last Updated: 2 years ago
Data Source: MRED, MLS# 12213751
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 498 Santa Fe Trail built and last sold?
The property at 498 Santa Fe Trail was built in 1990 and last sold on Dec 10, 1996 for $156,000.
How much is this home worth?
The estimated value of the home located at 498 Santa Fe Trail is $0.
What are some comparable homes to 498 Santa Fe Trail?
There are currently no comparable homes to 498 Santa Fe Trail.
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