$450,000
●
House -
Off Market
653 Tuscan View Drive
Elgin, IL 60124
3 Beds
2 Baths
2,020 Ft²
$3,219
Est. Monthly
$277
HOA / Fees
4.09%
Cap Rate
About This Property
TOO GOOD TO BE TRUE? Come take a personal tour & discover for
yourselves! Rarely available Cascade model has excellent floor plan
with 3 bedrooms & split BR arrangement for privacy! Recent updates
include: wonderful new patio w/perimeter stone wall, new asphalt
drive w/brick paver side ribbons, new bamboo laminate carbonized
floor in living & dining rooms, gorgeous new tile kitchen floor,
new primary BR carpeting ('21), new ceiling fans in screened rear
porch, new retractable awning over rear patio, new blinds
throughout, recently painted Living Rm, Hall, Kitchen & Primary
Bath, new front walk w/epoxy finish, new recessed lighting in
Living Room. New roof in 2018, furnace, A/C & water heater in 2016.
Kitchen features: 42" cabinets, island, butler pantry, closet
pantry & breakfast nook! Laundry room has full size washer & dryer
plus utility sink. Epoxy floor in garage... So much to appreciate
here!
Unit Size
2,020 Ft²
Days on Market
-
Land Size
-
Price per sqft
$220
Property Type
House
Property Taxes
$756
HOA Dues
$277
Year Built
2006
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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 #12163878)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 15, 2024 | Sold | ||
| Sold | |||
| Oct 13, 2024 | In contract | - | |
| In contract | |||
| Sep 13, 2024 | Listed by RE/MAX Horizon | $445,000 | |
| Listed by RE/MAX Horizon | |||
| Aug 27, 2021 | Sold | ||
| Sold | |||
| Jun 20, 2021 | Listed by Clinnin Associates, Inc. | $359,900 | |
| Listed by Clinnin Associates, Inc. | |||
| | |||
|
Rare "Cascade Model with 3 Full Bedrooms in walking distance to the Lodge. Kitchen has 42" Cabinets & Island, all Appliances and a Breakfast Nook. Two full Baths, Walk In Closet, Laundry w/Full Size Washer & Dryer plus rinse Tub, Cabinets & Window. Carpet & Blinds throughout plus Ceramic Tile In Entry & both Baths. All window treatments, light fixtures and lighting stay. Roof, Furnace, Air Conditioning & Water Heater have been replaced. Garage Floor and front walk have been treated for easy maintenance. This home has been treated with tender loving care and ready to move in. One occupant must be at least 55. Come for the Fun!!
| |||
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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: Brian Knott, RE/MAX Horizon
Last Updated: 2 years ago
Data Source: MRED, MLS# 12163878
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: 2 years ago
Data Source: MRED, MLS# 12163878
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