$453,000
●
House -
Off Market
571 Waters Edge Drive
SOUTH ELGIN, IL 60177
4 Beds
4 Baths,
1
Half Bath
3,565 Ft²
$733,540
RealtyHop Estimate
59.47%
Since Sep 1, 2017
National-US
Primary Model
About This Property
Kids will go to the AWARD WINNING, GRAMMY SIGNATURE, HIGH ACHIEVING
PRE K-12 St. Charles schools with this South Elgin zip code.
This beautiful, tastefully decorated 5Bd,(one located in the
basement) 3.5 bath home is MOVE IN READY!! Priced to sell in
the highly desired Thornwood neighborhood. Upgraded features of
this stunning home include...Newly painted, in the current colors
of today's decor, Many new light fixtures, Refinished wood floors,
Stainless Steel Appliances, Beautifully finished basement
entertaining room and wet bar. Professionally landscaped yard with
sprinkler system and brick paver patio. Thornwood Subdivision
offers "The Sports Core" which includes clubhouse, 2 pools and
tennis courts, basketball court and a sand volleyball court.
Easy access to shopping & dining. This home and it's
location has it ALL!!!
Unit Size
3,565 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$129
Property Type
House
Property Taxes
$1,178
HOA Dues
$39
Year Built
2001
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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 #09583735)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 18, 2022 | Sold | ||
| Sold | |||
| May 12, 2022 | Listed by Homesmart Connect LLC | $629,000 | |
| Listed by Homesmart Connect LLC | |||
| | |||
|
Stunning home located in the sought after Thornwood neighborhood. St. Charles schools with this South Elgin zip code. Access to both St. Charles & South Elgin Park Districts. This tastefully decorated 5Bd,(one located in the basement) 3.5 bath home is move in ready! Recently painted, Refinished wood floors, Stainless Steel Appliances, Beautifully finished basement entertaining room and wet bar. The Furnace & AC were replaced in 2018. Sonos sound system throughout main level and master bedroom. Professionally landscaped yard with sprinkler system and brand new patio (2020). The patio is perfect for entertaining! Thornwood Subdivision offers a clubhouse, 2 pools and tennis courts, basketball court and a sand volleyball court. Easy access to shopping & dining. This home and it's location has it all!
| |||
| Aug 2, 2017 | Sold | ||
| Sold | |||
| Apr 3, 2017 | Listed by Baird & Warner | $460,000 | |
| Listed by Baird & Warner | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Status
Type
Beds
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ft²
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Sold On
HOA + Taxes
About South Elgin
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Listed by: , Baird & Warner
Last Updated: 3 years ago
Data Source: MRED, MLS# 09583735
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# 09583735
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