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Deerfield 60015 Deerfield Park
696 Lombardy Lane
$795,000
● House - Off Market

696 Lombardy Lane

Deerfield, IL 60015
bedrooms
5 Beds
bathrooms
4 Baths
square feet
3,247 Ft²
$5,713
Est. Monthly
4.82%
Cap Rate

About This Property

This Wonderful Home was Substantially Rebuilt and Expanded in 2005 and Features a Dramatic Great Room with 13' Ceilings, Beautiful Hardwood Floors, a Gourmet Eat-in Kitchen with Granite Counters that opens to a Family Room with a Gas Fireplace, both with 10' Ceilings. The 2nd Level Features 2 Full Baths and 4 Bedrooms- One Ensuite. The Entire 3rd Level is a Huge Primary Suite with 2 Walk-in Closets and a Fabulous Private Bath with Jacuzzi, 2 Sinks and an Oversized Multi-headed Shower. The Lower Level includes a 2nd Family Room with a Wood-burning Fireplace with Gas Starter, and a Full Bath with a Steam Shower. Oversized 2-Car Attached Garage and a Wonderful Yard, Great for Entertaining Featuring a Lovely Gazebo, a Patio with a Built-In Gas Line and a Greenhouse for 3-Season Gardening!
Unit Size
3,247 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$245
Property Type
House
Property Taxes
$1,809
HOA Dues
-
Year Built
1963

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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.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 552
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,123
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 750
  • Total Building Area: 3,205
  • Gross Building Area: 3,205
  • Building Area: 2,653
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,653
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GOODER ADD
  • Land Acres: 0000000232
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: GOODER ADD TO VILLAGE OF DEERFIELD LOT 20

Neighborhood

  • School District Name: Township High School District 113
  • Census Tract: 864903

Geography

  • Assessors Map Reference: 2703-D7
  • District: WEST DEERFIE
  • Parcel: 16-32-109-009
  • Lot: 20
  • Municipality: TWP OF WEST DEERFIELD
  • Latitude: 42.1653
  • Longitude: -87.8595

    Address

  • Full Address: 696 Lombardy Ln
  • Address - House Number: 696
  • Address - Street Name: Lombardy
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Deerfield
  • Carrier Code: C045
  • 4-Digit Zip Code: 4110
  • Zip Code: 60015

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,738,234
  • Tax Rate Code Area: 17004

    Appraisal Valuation

  • Standard Deviation: 0.1597
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 733,195
  • High Value: 850,323
  • Low Value: 616,067

    Market Valuation

  • Market Total Value: $700,897
  • Market Land Value: $149,148
  • Market Improvement Value: $551,749

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $233,609
  • Assessed Land Value: $49,711
  • Assessed Improvements Value: $183,898

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 06, 1998
  • Current Sale Recording Date: Jun 08, 1998
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4146001
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 Deerfield Park

Stats & Trends

Median Asking:

$775,000

Sale Price/ft²

$307

Above Asking

0.00%

Average Days on Market

37

Average Home Size

3034 ft²

Average Home Age

68 years

Currently For Sale

3 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

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MRED

Listed by: Janet Borden, Compass
Data Source: MRED, MLS# MRD12352601
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 696 Lombardy Lane built and last sold?
The property at 696 Lombardy Lane was built in 1963 and last sold on May 6, 1998 for $261,000.
How much is this home worth?
The estimated value of the home located at 696 Lombardy Lane is $0.
What are some comparable homes to 696 Lombardy Lane?
There are currently no comparable homes to 696 Lombardy Lane.
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