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Algonquin 60102 High Hill Farms
621 Regal Lane
$405,000
● House - Off Market

621 Regal Lane

Algonquin, IL 60102
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,772 Ft²
$423,419
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

Lovely and rare Normandy model in High Hill Farms of Algonquin. Den/5th bedroom on main floor. Large eat-in kitchen features hardwood floors, solid-surface counters and island, oak cabinetry, stainless steel appliances, open concept, overlooking sunken family room with brick fireplace and sliders to 2-tiered deck and fenced backyard. Primary bedroom features ensuite bath with dual vanities, walk-in closet, large soaker tub plus a glassed in shower with custom ceramic tile. First-floor laundry room accesses the expansive 3-car garage. Finished basement with rec room and game room. Close to Randall shopping corridor, restaurants, entertainment, parks, playgrounds, and award-winning schools! Don't miss this one. It's coming in hot!
Unit Size
2,772 Ft²
Days on Market
-
Land Size
0.37 acres
Price per sqft
$153
Property Type
House
Property Taxes
$779
HOA Dues
-
Year Built
1996

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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: 3 years ago (MRED MLS #11872120)

Price History

Date / Event Date Event Price
Oct 27, 2023 Sold
Premium
Sold
Sep 7, 2023 Listed by Redfin Corporation $425,000
Listed by Redfin Corporation

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 738
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,965
  • Lot Size Depth Feet: 1,280
  • Lot Size Frontage Feet: 1,250
  • Total Building Area: 3,510
  • Building Area: 2,772
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,772
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIGH HILL FARMS UNIT 12
  • Land Acres: 0000000367
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2016R0025658 LT 781 HIGH HILL FARMS UNIT 12

Neighborhood

  • School District Name: Community Unit School District 300
  • Census Tract: 871206

Geography

  • Parcel: 19-32-207-001
  • Block: 207
  • Lot: 781
  • Municipality: ALGONQUIN TWP
  • Latitude: 42.166
  • Longitude: -88.3243

    Address

  • Full Address: 621 Regal Ln
  • Legal Unit: 12
  • Address - House Number: 621
  • Address - Street Name: Regal
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Algonquin
  • Carrier Code: C001
  • 4-Digit Zip Code: 4358
  • Zip Code: 60102

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $934,586
  • Tax Rate Code Area: 19005

    Appraisal Valuation

  • Standard Deviation: 0.1627
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 79
  • Final Value: 435,718
  • High Value: 506,619
  • Low Value: 364,817

    Market Valuation

  • Market Total Value: $344,934
  • Market Land Value: $63,132
  • Market Improvement Value: $281,802

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $114,978
  • Assessed Land Value: $21,044
  • Assessed Improvements Value: $93,934

    Sales

  • Current Sale Contract Date: Oct 20, 2023
  • Current Sale Recording Date: Oct 30, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 27499
  • Previous Sale Recording Date: Jul 18, 2016
  • Previous Sale Contract Date: Jul 08, 2016
  • Previous Sale Amount: $300,000
  • 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 High Hill Farms

Stats & Trends

Median Asking:

$459,500

Sale Price/ft²

$194

Below Asking

0.01%

Average Days on Market

49

Average Home Size

2772 ft²

Average Home Age

34 years

Currently For Sale

1 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 2240 Barrett Drive, Algonquin, IL, 60102

$3,700 /mo

  • 4 Beds
  • 3 Baths
  • 2,810 ft²
2240 Barrett Drive, Algonquin, IL, 60102 Listing by Jennifer Ambrose

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: David Leigh, Redfin Corporation
Last Updated: 3 years ago
Data Source: MRED, MLS# 11872120
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 621 Regal Lane built and last sold?
The property at 621 Regal Lane was built in 1996 and last sold on Oct 20, 2023 for $405,000.
How much is this home worth?
The estimated value of the home located at 621 Regal Lane is $429,250.
What are some comparable homes to 621 Regal Lane?
There are currently no comparable homes to 621 Regal Lane.
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