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Inverness 60010
560 REGALIA Drive
$1,125,000
● House - Off Market

560 REGALIA Drive

INVERNESS, IL 60010
bedrooms
4 Beds
bathrooms
6 Baths, 1 Half Bath
square feet
5,292 Ft²
$2,006,436
RealtyHop Estimate
72.37%
Since Aug 1, 2007
National-US
Primary Model

About This Property

Creatively designed Werd custom estate nestled on breathtaking 1+ acre lot.Dramatic family room w/soaring ceilings,wet bar & 2-story fireplace.Gourmet kitchen w/center island,Corian,walk-in  &  butler pantry,sub-zero.Fabulous master suite w/ultra bath.English LL offers Berber carpet,fireplace & bath.Incredible views of perennial gardens & grounds from deck,gazebo & hot tub.This rare offer must be seen!Won't last!
Unit Size
5,292 Ft²
Days on Market
-
Land Size
-
Price per sqft
$220
Property Type
House
Property Taxes
$1,219
HOA Dues
$42
Year Built
1995

Payment Calculator

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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 #06422684)

Price History

Date / Event Date Event Price
Jul 20, 2007 Sold
Premium
Sold
Feb 27, 2007 Listed by Coldwell Banker Residential Brokerage $1,164,000
Listed by Coldwell Banker Residential Brokerage

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 60
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 58,283
  • Total Building Area: 4,292
  • Gross Building Area: 4,292
  • Building Area: 4,292
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 4,292
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EAST CHEVIOT HILLS INVERNES
  • Land Acres: 0000001338
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-08
  • Legal Description 1: NE4 S18 T42N R10E 3P

Neighborhood

  • School District Name: Palatine Community Consolidated School District 15
  • Census Tract: 803603

Geography

  • District: 29
  • Parcel: 02-18-212-007-0000
  • Lot: 7
  • Meridian: SEC 18 TWN 42N RNG 10E
  • Municipality: PALATINE
  • Latitude: 42.1212
  • Longitude: -88.1113

    Address

  • Full Address: 560 Regalia Dr
  • Address - House Number: 560
  • Address - Street Name: Regalia
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Inverness
  • Carrier Code: C022
  • 4-Digit Zip Code: 6442
  • Zip Code: 60010

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,813,850
  • Tax Rate Code Area: 29052

    Appraisal Valuation

  • Standard Deviation: 0.2009
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 73
  • Final Value: 795,920
  • High Value: 955,898
  • Low Value: 635,942

    Market Valuation

  • Market Total Value: $670,580
  • Market Land Value: $174,850
  • Market Improvement Value: $495,730

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $67,058
  • Assessed Land Value: $17,485
  • Assessed Improvements Value: $49,573

    Sales

  • Current Sale Contract Date: Oct 08, 2020
  • Current Sale Recording Date: Feb 03, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2103407171
  • Previous Sale Recording Date: Jun 27, 2012
  • Previous Sale Contract Date: May 03, 2012
  • Previous Sale Amount: $750,000
  • Previous Sale Document Type: 27
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 Inverness

Stats & Trends

Median Asking:

$899,900

Sale Price/ft²

$251

Below Asking

0.01%

Average Days on Market

46

Average Home Size

5152 ft²

Average Home Age

51.2 years

Currently For Sale

13 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 116 Sturtz Street, Barrington, IL, 60010

$3,750 /mo

  • 3 Beds
  • 2 Baths
  • 1,222 ft²
116 Sturtz Street, Barrington, IL, 60010 Listing by Robbie Morrison
Unit for rent at 4625 Huntington Boulevard, Hoffman Estates, IL, 60192

$3,500 /mo

  • 3 Beds
  • 2 Baths
  • 9,999 ft²
4625 Huntington Boulevard, Hoffman Estates, IL, 60192 Listing by Al Janabi

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: , Coldwell Banker Residential Brokerage
Last Updated: 2 years ago
Data Source: MRED, MLS# 06422684
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 560 Regalia Drive built and last sold?
The property at 560 Regalia Drive was built in 1995 and last sold on Oct 8, 2020 for $630,000.
How much is this home worth?
The estimated value of the home located at 560 Regalia Drive is $0.
What are some comparable homes to 560 Regalia Drive?
There are currently no comparable homes to 560 Regalia Drive.
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