$985,000
●
House -
Off Market
4N891 Honey Hill Circle
Wayne, IL 60184
5 Beds
4 Baths,
1
Half Bath
4,885 Ft²
$6,460
Est. Monthly
$19
HOA / Fees
3.06%
Cap Rate
About This Property
Nestled on a serene 3-acres of land backing onto a lush forest
preserve, this impressive 2-story, 5-bed, 3.1 bath exquisite home
boasts over 5,000 sq. The main level features a versatile room,
perfect for an office or an additional (5th) bedroom, offering
flexibility to suit your lifestyle. Enjoy incredible pond views and
bask in natural sunlight through ceiling-height windows in the
2-story family room, where 23' ceilings enhance the sense of space.
Cozy up by the dual 2-story fireplaces and witness stunning
sunsets, creating a luxurious and inviting ambiance. Enjoy your
first floor which was recently updated with all-new hardwood floors
throughout The kitchen is a culinary haven equipped with new
high-end appliances that cater to your everyday cooking needs. The
kitchen also features a delightful breakfast bar, an eating area
with ample table space, a walk-in pantry from the mud room, and
stunning granite counters, combining functionality and style. Wake
up in your luxurious bedroom showcasing tray ceilings, with a
luxurious bathroom (2018) featuring marble floors, a walk-in shower
with multiple rain shower heads, a freestanding tub, and not one
but two walk-in closets. Step onto the ensuite private balcony and
immerse yourself in breathtaking views, creating a personal oasis.
The second-floor hall bathroom, remodeled in 2018, boasts marble
floors, a custom vanity, a whirlpool-equipped shower, and
self-closing shower doors, ensuring that every detail is refined
and sophisticated. For those with multiple vehicles or a love for
cars or toys, the home offers a spacious 3-car garage with ample
storage space. Enjoy your newly finished basement for gatherings
with a roughed-in bathroom and ample rooms or storage. A 4-stall
barn, sand arena, and a pasture with a 14' pond stocked with bass
add a touch of rural charm to this suburban gem. Practical features
include a 7-year-old tear-off roof, an in-ground water sprinkler
system in the front and side yards, and dual-zone furnaces for
comfort and energy efficiency, and the added comfort of a recently
replaced HVAC system (2023). The seller is also providing a home
warranty with the home's sale. With its horse-community setting,
impeccably designed interiors, breathtaking surroundings, and
luxurious features, this property offers a truly remarkable living
experience.
Unit Size
4,885 Ft²
Days on Market
-
Land Size
3.03 acres
Price per sqft
$205
Property Type
House
Property Taxes
$1,531
HOA Dues
$19
Year Built
1990
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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 #12203265)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 18, 2025 | Sold | ||
| Sold | |||
| Jan 16, 2025 | In contract | - | |
| In contract | |||
| Jan 10, 2025 | Relisted | $1,000,000 | |
| Relisted | |||
| Nov 21, 2024 | In contract | - | |
| In contract | |||
| Nov 8, 2024 | Listed by Fulton Grace Realty | $1,000,000 | |
| Listed by Fulton Grace Realty | |||
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Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Wayne
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Listed by: Stephanie Albanese, Fulton Grace Realty
Last Updated: 2 years ago
Data Source: MRED, MLS# 12203265
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: 2 years ago
Data Source: MRED, MLS# 12203265
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