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Elburn 60119
603 Hoyt Drive
$389,900
● House - Off Market

603 Hoyt Drive

Elburn, IL 60119
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
$2,598
Est. Monthly
5.59%
Cap Rate

About This Property

Welcome home! Nothing to do, just move in! Newer home on a corner lot has lots of space & is spotless! Large family room with cathedral ceiling & ceiling fan. Large open kitchen with oak hardwood floors & cabinets. Separate eating area which includes sliding glass door to patio & fabulous backyard. Formal dining room & living room for your entertainment needs. Primary suite boasts cathedral ceiling, 2 closets & private bath. Spacious finished basement, including a ton of storage. Great front porch! Walking distance to elementary school and just minutes from the Metra! Hurry to see this picture perfect gem!
Unit Size
-
Days on Market
-
Land Size
0.25 acres
Price per sqft
-
Property Type
House
Property Taxes
$688
HOA Dues
-
Year Built
1998

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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 #12272726)

Price History

Date / Event Date Event Price
Mar 10, 2025 Sold
Premium
Sold
Feb 3, 2025 In contract -
In contract
Jan 18, 2025 Temporarily off market -
Temporarily off market
Jan 17, 2025 Listed by Coldwell Banker Realty $389,000
Listed by Coldwell Banker Realty
Jan 6, 2025 Temporarily off market -
Temporarily off market
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 11
  • 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: 23
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 742
  • Garage Type: 1
  • Garage Square Area: 410
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Total Building Area: 2,954
  • Gross Building Area: 2,954
  • Building Area: 1,802
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,802
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PRAIRIE VALLEY 6
  • Land Acres: 0000000250
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040

Neighborhood

  • School District Name: Kaneland Community Unit School District 302
  • Census Tract: 852408

Geography

  • Parcel: 08-32-329-001
  • Lot: 41
  • Municipality: CAMPTON
  • Latitude: 41.9028
  • Longitude: -88.4633

    Address

  • Full Address: 603 Hoyt Dr
  • Address - House Number: 603
  • Address - Street Name: Hoyt
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Elburn
  • Carrier Code: R002
  • 4-Digit Zip Code: 7110
  • Zip Code: 60119

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $740,996
  • Tax Rate Code Area: CA013

    Appraisal Valuation

  • Standard Deviation: 0.1575
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 80
  • Final Value: 348,436
  • High Value: 403,348
  • Low Value: 293,525

    Market Valuation

  • Market Total Value: $239,052
  • Market Land Value: $50,489
  • Market Improvement Value: $188,562

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $79,652
  • Assessed Land Value: $16,823
  • Assessed Improvements Value: $62,829

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 21, 2007
  • Current Sale Recording Date: Dec 27, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2007K125062
  • Previous Sale Recording Date: Nov 12, 1998
  • Previous Sale Contract Date: Oct 29, 1998
  • Previous Sale Amount: $166,000
  • Previous Sale Document Type: 69
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 Elburn

Stats & Trends

Median Asking:

$435,950

Sale Price/ft²

$203

Below Asking

0.01%

Average Days on Market

38

Average Home Size

2409 ft²

Average Home Age

15.4 years

Currently For Sale

24 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

Rentals Near You

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MRED

Listed by: Kelly Schmidt, Coldwell Banker Realty
Last Updated: 2 years ago
Data Source: MRED, MLS# 12272726
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 603 Hoyt Drive built and last sold?
The property at 603 Hoyt Drive was built in 1998 and last sold on Dec 21, 2007 for $277,000.
How much is this home worth?
The estimated value of the home located at 603 Hoyt Drive is $0.
What are some comparable homes to 603 Hoyt Drive?
There are currently no comparable homes to 603 Hoyt Drive.
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