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Cary 60013 Cimarron
721 Cimarron Drive
$460,000
● House - Off Market

721 Cimarron Drive

Cary, IL 60013
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,453 Ft²
$3,131
Est. Monthly
6.31%
Cap Rate

About This Property

YOU ARE WELCOMED WITH AN ELEGANT ENTRANCE TO THIS BEAUTIFULLY UPDATED CIMARRON CLASSIC. HIGHLY REGARDED CARY SCHOOLS. VERY RARE SOARING VOLUME CEILING IN FAMILY ROOM. FULL FINISHED BASEMENT. NEW WINDOWS AND DECK. RECENT KITCHEN AND BATH REMODELS. METICULOUSLY WELL MAINTAINED, BEAUTIFILLY DECORATED, WITH RICH FINISHES AND UPGRADED LIGHTING. RICH SHAKER DOORS THROUGHOUT. INTELLIGENTLY FINISHED BASEMENT WITH FANTASTIC THEATRE/MEDIA ROOM, AN OFFICE AND COMFORTABLE WET BAR. BIG 470 SF DECK WITH BEAUTIFULLY MANICURED BACKYARD.
Unit Size
2,453 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$192
Property Type
House
Property Taxes
$823
HOA Dues
-
Year Built
1990

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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.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • 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: 8
  • Basement Area: 1,371
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,251
  • Total Building Area: 3,834
  • Building Area: 3,559
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 3,559
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CIMARRON UNIT 2
  • Land Acres: 0000000212
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2004R0108212 LT 117 CIMARRON UNIT 2

Neighborhood

  • School District Name: Cary Community Consolidated School District 26
  • Census Tract: 871312

Geography

  • Parcel: 19-11-482-008
  • Block: 482
  • Lot: 117
  • Municipality: ALGONQUIN TWP
  • Latitude: 42.2129
  • Longitude: -88.2579

    Address

  • Full Address: 721 Cimarron Dr
  • Legal Unit: 2
  • Address - House Number: 721
  • Address - Street Name: Cimarron
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Cary
  • Carrier Code: C010
  • 4-Digit Zip Code: 3361
  • Zip Code: 60013

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,070,706
  • Tax Rate Code Area: 19007

    Appraisal Valuation

  • Standard Deviation: 0.1637
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 79
  • Final Value: 449,290
  • High Value: 522,861
  • Low Value: 375,720

    Market Valuation

  • Market Total Value: $361,041
  • Market Land Value: $67,830
  • Market Improvement Value: $293,211

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $120,347
  • Assessed Land Value: $22,610
  • Assessed Improvements Value: $97,737
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 Cimarron

Stats & Trends

Median Asking:

$439,000

Sale Price/ft²

$203

Above Asking

0.00%

Average Days on Market

35

Average Home Size

1371 ft²

Average Home Age

36 years

Currently For Sale

1 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: John Trandel, Baird & Warner
Data Source: MRED, MLS# MRD12313310
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 721 Cimarron Drive built and last sold?
The property at 721 Cimarron Drive was built in 1990 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 721 Cimarron Drive is $474,599.
What are some comparable homes to 721 Cimarron Drive?
There are currently no comparable homes to 721 Cimarron Drive.
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