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Carol Stream 60188
662 David Lane
$399,900
● House - Off Market

662 David Lane

Carol Stream, IL 60188
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,081 Ft²
$409,132
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

Come and see this beautifully updated and maintained home! It features an open floor plan - great for entertaining, bamboo floor throughout the first floor, a Family Room with fireplace and sliding door leading to the yard and patio, 1st-floor laundry, and separate Living/Dining Rooms. The chef's kitchen is an extra treat and features high-end SS appliances, custom maple cabinets, granite counters, backsplash, and canned lighting. Master Bedroom and two generously sized bedrooms on the 2nd floor. Property has been updated, and some of the updates include: entire 1st floor remodel in 2019, 1st-floor windows in 2016, Master Bath in 2018, professional landscaping, downspouts, and gutters in 2017. Great location, minutes to schools, shopping, restaurants, parks, and Coral Cove Water Park! Must see!
Unit Size
2,081 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$192
Property Type
House
Property Taxes
$786
HOA Dues
-
Year Built
1989

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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 #11440273)

Price History

Date / Event Date Event Price
Jul 25, 2022 Sold
Premium
Sold
Jun 20, 2022 Listed by City Homes Real Estate, Inc. $399,900
Listed by City Homes Real Estate, Inc.

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • 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: 6
  • Basement Area: 826
  • 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: 2,907
  • Gross Building Area: 2,907
  • Building Area: 2,494
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 5
  • Heating: 0
  • Heated Square Feet: 2,494
  • 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: 02-30-316-003
  • Lot: 107
  • Municipality: BLOOMINGDALE
  • Latitude: 41.9204
  • Longitude: -88.1437

    Address

  • Full Address: 662 David Ln
  • Address - House Number: 662
  • 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: $988,378
  • Tax Rate Code Area: 2046

    Appraisal Valuation

  • Standard Deviation: 0.1666
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 425,869
  • High Value: 496,860
  • Low Value: 354,879

    Market Valuation

  • Market Total Value: $339,420
  • Market Land Value: $89,730
  • Market Improvement Value: $249,690

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $113,140
  • Assessed Land Value: $29,910
  • Assessed Improvements Value: $83,230

    Sales

  • Current Sale Contract Date: Jul 14, 2022
  • Current Sale Recording Date: Jul 27, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 70895
  • Previous Sale Recording Date: Feb 06, 2012
  • Previous Sale Contract Date: Jan 17, 2012
  • Previous Sale Amount: $245,000
  • 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 Carol Stream

Stats & Trends

Median Asking:

$360,000

Sale Price/ft²

$229

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1407 ft²

Average Home Age

41.7 years

Currently For Sale

33 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 430 Cromwell Circle, Bartlett, IL, 60103

$2,600 /mo

  • 2 Beds
  • 2 Baths
  • 1,209 ft²
430 Cromwell Circle #4, Bartlett, IL, 60103 Listing by Diane Quattrochi
Unit for rent at 277 Camelot Lane, Carol Stream, IL, 60188

$2,750 /mo

  • 3 Beds
  • 3 Baths
  • 1,528 ft²
277 Camelot Lane, Carol Stream, IL, 60188 Listing by Ana Spadavecchia

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Katherine Shubert, City Homes Real Estate, Inc.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11440273
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 662 David Lane built and last sold?
The property at 662 David Lane was built in 1989 and last sold on Jul 14, 2022 for $400,000.
How much is this home worth?
The estimated value of the home located at 662 David Lane is $0.
What are some comparable homes to 662 David Lane?
There are currently no comparable homes to 662 David Lane.
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