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Carol Stream 60188
658 David Lane
$410,000
● House - Off Market

658 David Lane

Carol Stream, IL 60188
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,571 Ft²
$2,885
Est. Monthly
7.14%
Cap Rate

About This Property

Just what you've been waiting for! This well maintained traditional 2 story features a grand foyer, a large living room and dining room perfect for entertaining, a spacious family room with a brick fireplace and sliding glass doors to the expansive deck, an open kitchen and dinette area with stainless steel appliances and Corian counter tops, a first floor laundry room with a wash tub sink, a large master suite with a walk in closet and private bath with separate tub and shower plus double sink, 3 other spacious bedrooms with ample closet space, a hall bath with double sinks and so much more! Quietly tucked away in one of Carol Streams' most popular neighborhoods, yet close to shopping, restaurants, parks, schools and 2 recreation centers. Don't let this incredible deal slip away from you!
Unit Size
2,571 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$156
Property Type
House
Property Taxes
$921
HOA Dues
-
Year Built
1989

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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 #11981319)

Price History

Date / Event Date Event Price
May 17, 2024 Sold
Premium
Sold
Mar 6, 2024 Listed by RE/MAX Suburban $400,000
Listed by RE/MAX Suburban

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 18
  • Building Style: 28
  • 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: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Total Building Area: 2,571
  • Gross Building Area: 2,571
  • Building Area: 2,571
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 5
  • Heating: 0
  • Heated Square Feet: 2,571
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: KINGSPORT RIDGE PHASE 1
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: KINGSPORT RIDGE PHASE 1 ALL

Neighborhood

  • School District Name: Community Consolidated School District 93
  • School Tax School District: CAROL STREAM
  • Census Tract: 841206

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 2967-D6
  • Subdivision Phase Number: 1
  • Parcel: 02-30-316-004
  • Lot: 108
  • Municipality: BLOOMINGDALE
  • Latitude: 41.9202
  • Longitude: -88.1437

    Address

  • Full Address: 658 David Ln
  • Address - House Number: 658
  • Address - Street Name: David
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Carol Stream
  • Carrier Code: C031
  • 4-Digit Zip Code: 4417
  • Zip Code: 60188

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,104,984
  • Tax Rate Code Area: 2046

    Appraisal Valuation

  • Standard Deviation: 0.1571
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 479,907
  • High Value: 555,341
  • Low Value: 404,472

    Market Valuation

  • Market Total Value: $392,340
  • Market Land Value: $89,730
  • Market Improvement Value: $302,610

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $130,780
  • Assessed Land Value: $29,910
  • Assessed Improvements Value: $100,870

    Exemptions

  • Senior Citizen Exemption : Yes

    Sales

  • Current Sale Contract Date: Nov 04, 1993
  • Current Sale Recording Date: Nov 09, 1993
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 41
  • Current Sale Input Document Number: R93-257609
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 Carol Stream

Stats & Trends

Median Asking:

$359,900

Sale Price/ft²

$227

Below Asking

0.01%

Average Days on Market

42

Average Home Size

1541 ft²

Average Home Age

43.2 years

Currently For Sale

29 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 1780 Nautilus Lane, Hanover Park, IL, 60133

$3,200 /mo

  • 3 Beds
  • 3 Baths
  • 2,000 ft²
1780 Nautilus Lane, Hanover Park, IL, 60133 Listing by Benyamin Lalez

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Roger Rossi, RE/MAX Suburban
Last Updated: 3 years ago
Data Source: MRED, MLS# 11981319
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 658 David Lane built and last sold?
The property at 658 David Lane was built in 1989 and last sold on Nov 4, 1993 for $180,000.
How much is this home worth?
The estimated value of the home located at 658 David Lane is $0.
What are some comparable homes to 658 David Lane?
There are currently no comparable homes to 658 David Lane.
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