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Des Plaines 60016
710 Cavan Lane
$275,500
● House - Off Market

710 Cavan Lane

DES PLAINES, IL 60016
bedrooms
3 Beds
bathrooms
3 Baths, 2 Half Baths
square feet
1,199 Ft²
$445,705
RealtyHop Estimate
59.47%
Since Sep 1, 2017
National-US
Primary Model

About This Property

*QUALITY BRICK KUNTZE RANCH METICULOUSLY MAINTAINED* ESTATE SALE* LARGE LIVING ROOM* FORMAL DINING ROOM PLUS EATING AREA IN KITCHEN* RETRO 50'S REC ROOM INCLUDES A PLAYER PIANO & WET BAR & POOL TABLE ALL STAYING* WALK TO AWARD WINING BRENTWOOD SCHOOL, SHOPPING & TRANSPORTATION* LOVELY TREE LINED STREET* YOU WON'T BE DISAPPOINTED!!*
Unit Size
1,199 Ft²
Days on Market
-
Land Size
-
Price per sqft
$233
Property Type
House
Property Taxes
$159
HOA Dues
-
Year Built
1965

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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 #09687933)

Price History

Date / Event Date Event Price
Aug 29, 2017 Sold
Premium
Sold
Jul 12, 2017 Listed by Berkshire Hathaway HomeServices Starck Real Estate $279,500
Listed by Berkshire Hathaway HomeServices Starck Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 3
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,125
  • Total Building Area: 1,199
  • Gross Building Area: 1,199
  • Building Area: 1,199
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,199
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: KUNTZES HIGH RDG KNOLLS 05
  • Land Acres: 0000000187
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03

Neighborhood

  • School District Name: Township High School District 214
  • Census Tract: 804902

Geography

  • District: 16
  • Parcel: 08-13-307-017-0000
  • Block: Z
  • Lot: 18
  • Meridian: SEC 13 TWN 41N RNG 11E
  • Municipality: ELK GROVE
  • Latitude: 42.0386
  • Longitude: -87.9397

    Address

  • Full Address: 710 Cavan Ln
  • Address - House Number: 710
  • Address - Street Name: Cavan
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Des Plaines
  • Carrier Code: C034
  • 4-Digit Zip Code: 2525
  • Zip Code: 60016

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $570,864
  • Tax Rate Code Area: 16042

    Appraisal Valuation

  • Standard Deviation: 0.2316
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 380,406
  • High Value: 468,527
  • Low Value: 292,284

    Market Valuation

  • Market Total Value: $297,230
  • Market Land Value: $73,130
  • Market Improvement Value: $224,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,723
  • Assessed Land Value: $7,313
  • Assessed Improvements Value: $22,410

    Sales

  • Current Sale Contract Date: Aug 29, 2017
  • Current Sale Recording Date: Sep 08, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 1725101230
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 Des Plaines

Stats & Trends

Median Asking:

$400,000

Sale Price/ft²

$250

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1726 ft²

Average Home Age

52.3 years

Currently For Sale

105 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: , Berkshire Hathaway HomeServices Starck Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 09687933
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 710 Cavan Lane built and last sold?
The property at 710 Cavan Lane was built in 1965 and last sold on Aug 29, 2017 for $275,500.
How much is this home worth?
The estimated value of the home located at 710 Cavan Lane is $0.
What are some comparable homes to 710 Cavan Lane?
There are currently no comparable homes to 710 Cavan Lane.
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