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Cary 60013 Fox Trails
716 Laurel Lane
$249,900
● House - Off Market

716 Laurel Lane

CARY, IL 60013
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,502 Ft²
$407,455
RealtyHop Estimate
63.05%
Since May 1, 2017
National-US
Primary Model

About This Property

Come see this lovely home on a beautiful tree lined street. Wonderful curb appeal on this large corner lot featuring a big fenced backyard and a just stained deck to enjoy. Ext and interior has been all painted in today's color palette .Kitchen features granite,stainless, and a big walk in pantry.Both Sliding Doors are being replaced along with the Double Window in the upstairs front bedroom. Formal Living room ,Dining room, and a family room with a fireplace.. All new light fixtures and flooring. This penny is as shiny as can be!
Unit Size
2,502 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$100
Property Type
House
Property Taxes
$697
HOA Dues
-
Year Built
1991

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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 #09370468)

Price History

Date / Event Date Event Price
Apr 28, 2017 Sold
Premium
Sold
Oct 18, 2016 Listed by RE/MAX Plaza $249,900
Listed by RE/MAX Plaza

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 11
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 891
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,688
  • Total Building Area: 3,393
  • Building Area: 2,502
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,502
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FOX TRAILS PHASE 2
  • Land Acres: 0000000245
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2017R0015430 LT 74 FOX TRAILS PHASE 2

Neighborhood

  • School District Name: Community Unit School District 300
  • Census Tract: 871312

Geography

  • Subdivision Phase Number: 2
  • Parcel: 19-23-105-018
  • Block: 105
  • Lot: 74
  • Municipality: ALGONQUIN TWP
  • Latitude: 42.1957
  • Longitude: -88.2728

    Address

  • Full Address: 716 Laurel Ln
  • Address - House Number: 716
  • Address - Street Name: Laurel
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Cary
  • Carrier Code: R006
  • 4-Digit Zip Code: 3205
  • Zip Code: 60013

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $750,504
  • Tax Rate Code Area: 19063

    Appraisal Valuation

  • Standard Deviation: 0.1554
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 80
  • Final Value: 371,601
  • High Value: 429,374
  • Low Value: 313,828

    Market Valuation

  • Market Total Value: $279,528
  • Market Land Value: $28,179
  • Market Improvement Value: $251,349

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $93,176
  • Assessed Land Value: $9,393
  • Assessed Improvements Value: $83,783

    Sales

  • Current Sale Contract Date: Apr 27, 2017
  • Current Sale Recording Date: May 01, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2017R0015430
  • Previous Sale Recording Date: Jul 08, 2016
  • Previous Sale Contract Date: Jun 29, 2016
  • Previous Sale Amount: $169,000
  • Previous Sale Document Type: 68

    Financing

  • First Mortgage Financing Type: UNK
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 Fox Trails

Stats & Trends

Median Asking:

$400,000

Sale Price/ft²

$194

Below Asking

0.01%

Average Days on Market

42

Average Home Size

2295 ft²

Average Home Age

36.3 years

Currently For Sale

0 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: , RE/MAX Plaza
Last Updated: 3 years ago
Data Source: MRED, MLS# 09370468
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 716 Laurel Lane built and last sold?
The property at 716 Laurel Lane was built in 1991 and last sold on Apr 27, 2017 for $250,000.
How much is this home worth?
The estimated value of the home located at 716 Laurel Lane is $0.
What are some comparable homes to 716 Laurel Lane?
There are currently no comparable homes to 716 Laurel Lane.
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