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Round Lake 60073 Lakewood Grove
607 W Hamlin Lane
$318,000
● House - Off Market

607 W Hamlin Lane

Round Lake, IL 60073
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,818 Ft²
$346,361
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Spacious almost 3,000sq ft above ground home offering 3 bedrooms plus loft that can be easily converted to 4th bedroom. Kitchen offers SS appliances, kitchen island and 42" cabinets. Master suite with vaulted ceilings and master bath with separate shower. Gas fireplace, large deck in back yard. This property has a den and a loft, ideal if you need 2 separate working spaces.
Unit Size
2,818 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$119
Property Type
House
Property Taxes
$703
HOA Dues
$35
Year Built
2004

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #11476332)

Price History

Date / Event Date Event Price
Aug 31, 2022 Sold
Premium
Sold
Jul 27, 2022 Listed by All Time Realty, Inc. $335,000
Listed by All Time Realty, Inc.

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,484
  • Garage Type: 1
  • Garage Square Area: 504
  • Parking Space Count: 2
  • Patio Type: 69
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,398
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 800
  • Total Building Area: 4,806
  • Gross Building Area: 4,806
  • Building Area: 2,818
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,818
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKEWOOD GROVE PHASE 1 UNIT 1 SUB
  • Land Acres: 0000000239
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: LAKEWOOD GROVE PHASE 1 UNIT 1 SUB; LOT 256

Neighborhood

  • School District Name: Mundelein Consolidated High School District 120
  • Census Tract: 864110

Geography

  • District: FREMONT
  • Subdivision Phase Number: 1
  • Parcel: 10-05-307-003
  • Lot: 256
  • Municipality: TWP OF FREMONT
  • Latitude: 42.3171
  • Longitude: -88.0969

    Address

  • Full Address: 607 W Hamlin Ln
  • Legal Unit: 1
  • Address - House Number: 607
  • Street Direction: W
  • Address - Street Name: Hamlin
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Round Lake
  • Carrier Code: R010
  • 4-Digit Zip Code: 4283
  • Zip Code: 60073

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,139,412
  • Tax Rate Code Area: 12150

    Appraisal Valuation

  • Standard Deviation: 0.1722
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 77
  • Final Value: 376,261
  • High Value: 441,074
  • Low Value: 311,448

    Market Valuation

  • Market Total Value: $305,125
  • Market Land Value: $55,542
  • Market Improvement Value: $249,583

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $101,698
  • Assessed Land Value: $18,512
  • Assessed Improvements Value: $83,186

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 29, 2022
  • Current Sale Recording Date: Sep 07, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7931161
  • Previous Sale Recording Date: Feb 03, 2014
  • Previous Sale Contract Date: Jan 29, 2014
  • Previous Sale Amount: $190,000
  • Previous Sale Document Type: 71
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 Lakewood Grove

Stats & Trends

Median Asking:

$300,000

Sale Price/ft²

$165

Below Asking

0.01%

Average Days on Market

42

Average Home Size

1936 ft²

Average Home Age

21.9 years

Currently For Sale

7 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 593 W Kristina Lane, Round Lake, IL, 60073

$2,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,675 ft²
593 W Kristina Lane, Round Lake, IL, 60073 Listing by Kevin Terry
Unit for rent at 734 S Jade Lane, Round Lake, IL, 60073

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,430 ft²
734 S Jade Lane #734, Round Lake, IL, 60073 Listing by Melissa Roder
Unit for rent at 770 S Providence Lane, Round Lake, IL, 60073

$2,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,139 ft²
770 S Providence Lane #770, Round Lake, IL, 60073 Listing by Slawomir Rachmaciej

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Roman Anoufriev, All Time Realty, Inc.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11476332
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 607 West Hamlin Lane built and last sold?
The property at 607 West Hamlin Lane was built in 2004 and last sold on Aug 29, 2022 for $318,000.
How much is this home worth?
The estimated value of the home located at 607 West Hamlin Lane is $0.
What are some comparable homes to 607 West Hamlin Lane?
There are currently no comparable homes to 607 West Hamlin Lane.
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