$400,000
●
House -
Off Market
650 Slate Run
ELGIN, IL 60124
5 Beds
4 Baths
3,430 Ft²
$705,915
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model
About This Property
Originally reserved as a "Distinctive Homes by DeMarco" model, this
optimally-designed residence boasts absolute attention to detail,
quality, and the best of what recent construction can offer! Your
family will spread out in comfort between the five huge bedrooms
and four full bathrooms. The first-floor bedroom is perfect for
hosting guests, in-laws or is ready to use as your home office!
Enjoy the extras: your home features a stately front elevation with
covered porch, solid-core interior doors, granite counters,
intricate iron stair ballusters, commercial quality stainless steel
appliances, oversize trim, crown molding, superb finishes &
fixtures. Parking and storage is easy with a 3-car side-load garage
& full basement (incl rough in for 5th bath!). With a great home
comes a great neighborhood - meet new friends at the beautiful
Highland Woods Owners Club! Stay in shape at the pool, exercise
facilities, or play tennis, basketball, and volleyball. This is an
awesome value!
Unit Size
3,430 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$128
Property Type
House
Property Taxes
$1,396
HOA Dues
$42
Year Built
-
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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 #09214616)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 14, 2019 | No longer available | - | |
| No longer available | |||
| Jun 11, 2019 | Listed | $459,000 | |
| Listed | |||
| | |||
|
ABSOLUTELY STUNNING HOME LOCATED IN DESIRABLE HIGHLAND WOODS SUBDIVISION!!! Originally a model home for Distinctive Homes by DeMarco! 5 BR, 4 FULL BATH home has so much to offer! Beautiful open floor plan from the family room to the kitchen area. Spectacular kitchen features a two tiered island with bar stools, tons of cabinet space, granite counter tops, tile back splash and all stainless steel appliances! Hardwood flooring throughout most of the main level. 5th bedroom on the main level with a full bath. Great for guests or even an in-law arrangement! Extra bedrooms are all generously sized with each having their own access to bathrooms. Master suite features tray ceiling, huge walk in closet, master bath with double sinks, soaking tub and an incredible separate shower. All located in a great community with pool, clubhouse, parks/playgrounds, tennis/volleyball courts, walking trails, fitness center and so much more! Don't forget to check out the 3D tour of this amazing home! The manager has listed the unit size as 3478 square feet.
| |||
| Jun 14, 2017 | Sold | ||
| Sold | |||
| May 1, 2016 | Listed by Keller Williams Fox Valley Realty | $439,700 | |
| Listed by Keller Williams Fox Valley Realty | |||
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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About Elgin
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Listed by: , Keller Williams Fox Valley Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 09214616
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# 09214616
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