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Algonquin 60102 Glenmoor
731 Hackberry Lane
$424,000
● House - Off Market

731 Hackberry Lane

Algonquin, IL 60102
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,400 Ft²
$2,682
Est. Monthly
7.66%
Cap Rate

About This Property

Owners Pride! Welcome to this meticulously maintained home with beautiful Harwood floors throughout the unit. Property features 4 bedroom, 2 1/2 bath, newer windows (2014) and trim, 6 panels doors, crown molding in office/den, bay eating area in kitchen with slider to private backyard that backs up to open and wooded land, professionally landscaped. Other upgrades include roof and gutters (2014), a/c & Heat 96% efficiency (2020),water heater (2020), water softener (2018), newer appliances (range 2016), garage DOOR (2019). Front stone facia completed in 2020. Full unfinished basement just waiting for your ideas, great place to call home!
Unit Size
2,400 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$175
Property Type
House
Property Taxes
$620
HOA Dues
-
Year Built
1993

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Cap Rate Calculator

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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 #12021680)

Price History

Date / Event Date Event Price
May 30, 2024 Sold
Premium
Sold
Apr 4, 2024 Listed by Brokerocity Inc $419,900
Listed by Brokerocity Inc

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • 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: 5
  • 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: 1,182
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,189
  • Total Building Area: 3,504
  • Building Area: 2,322
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,322
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GLENMOOR SUB
  • Land Acres: 0000000234
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2012R0011455 LT 16 BLK 5 GLENMOOR SUB UNIT 8

Neighborhood

  • School District Name: Community Unit School District 300
  • Census Tract: 871404

Geography

  • Parcel: 19-35-204-016
  • Block: 5
  • Lot: 16
  • Municipality: ALGONQUIN TWP
  • Latitude: 42.1662
  • Longitude: -88.2627

    Address

  • Full Address: 731 Hackberry Ln
  • Legal Unit: 8
  • Address - House Number: 731
  • Address - Street Name: Hackberry
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Algonquin
  • Carrier Code: C009
  • 4-Digit Zip Code: 5010
  • Zip Code: 60102

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $743,582
  • Tax Rate Code Area: 19005

    Appraisal Valuation

  • Standard Deviation: 0.1638
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 399,060
  • High Value: 464,463
  • Low Value: 333,656

    Market Valuation

  • Market Total Value: $278,118
  • Market Land Value: $62,298
  • Market Improvement Value: $215,820

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $92,706
  • Assessed Land Value: $20,766
  • Assessed Improvements Value: $71,940

    Sales

  • Current Sale Contract Date: Mar 09, 2012
  • Current Sale Recording Date: Mar 15, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 2012R0011455
  • Previous Sale Recording Date: Nov 02, 2011
  • Previous Sale Contract Date: Oct 27, 2011
  • Previous Sale Document Type: 42
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 Glenmoor

Stats & Trends

Median Asking:

$460,000

Sale Price/ft²

$180

Below Asking

0.02%

Average Days on Market

40

Average Home Size

2876 ft²

Average Home Age

37 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

Unit for rent at 1381 Glacier Parkway, Algonquin, IL, 60102

$3,500 /mo

  • 4 Beds
  • 2 Baths
  • 1,856 ft²
1381 Glacier Parkway, Algonquin, IL, 60102 Listing by Uver Perez

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Jack Domanski, Brokerocity Inc
Last Updated: 3 years ago
Data Source: MRED, MLS# 12021680
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 731 Hackberry Lane built and last sold?
The property at 731 Hackberry Lane was built in 1993 and last sold on Mar 9, 2012 for $201,000.
How much is this home worth?
The estimated value of the home located at 731 Hackberry Lane is $422,698.
What are some comparable homes to 731 Hackberry Lane?
There are currently no comparable homes to 731 Hackberry Lane.
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