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Schaumburg 60194
751 EDGELAKE Point
$250,000
● House - Off Market

751 EDGELAKE Point

Schaumburg, IL 60194
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,440 Ft²
$2,039
Est. Monthly
$369
HOA / Fees
6.87%
Cap Rate

About This Property

WELCOME TO 751 EDGELAKE POINT- YOUR IDEAL TOWNHOME RETREAT! STEP INTO THIS CHARMING AND WELL MAINTNED  2-BEDROOM, 1.5 BATH END UNIT TOWNHOME ON A CUL DE SAC IN DUNBAR LAKES. NICELY UPDATED KITCHEN WITH STAINLESS STEEL APPLIANCES AND SINK, AND CORIAN COUNTERTOP. THE MAIN LEVEL FEATURES AN UPDATED HALF BATH.  UPSTAIRS HAS 2 GENEROUSLY SIZED BEDROOMS WITH FULL REMODELED BATH. PRIMARY BEDROOM HAS A WALK IN COSET. LAUNDRY IS ALSO CONVENIENTLY LOCATED UPSTAIRS. PRIVATE PATIO OVERLOOKS GREEN COURTYARD. RESIDENTS ENJOY FANTASTIC COMMUNITY AMENITIES SUCH AS CLUBHOUSE , OUTDOOR POOL, TENNIS COURTS, and COMMUNITY PARK WITH PRIVATE POND. THE LOCATION IS UNBELIEVEABLE *- JUST MINUTES FROM WOODFIELD MALL, DINING, PARKS AND MAJOR HIGHWAYS INCLUDING I90 AND ROUTE 53.  EASY ACCESS TO METRA. SITUATED IN HIGHLY RATED DISTICT 54 AND DISTRICT 211 SCHOOLS INCLUDING TOP PERFORMING CONANT HIGH SCHOOL.
Unit Size
1,440 Ft²
Days on Market
-
Land Size
-
Price per sqft
$180
Property Type
House
Property Taxes
$393
HOA Dues
$369
Year Built
1974

Payment Calculator

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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

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Bedroom Count: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 29
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 200,228
  • Total Building Area: 1,440
  • Gross Building Area: 1,440
  • Building Area: 1,440
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,440
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DUNBAR LAKES
  • Land Acres: 0000004597
  • Standard Land Use Code: 1004
  • County Land Use Code: 2-99

Neighborhood

  • School District Name: Schaumburg Community Consolidated School District 54
  • Census Tract: 804608

Geography

  • District: 35
  • Parcel: 07-23-103-009-1043
  • Lot: 7
  • Meridian: SEC 23 TWN 41N RNG 10E
  • Municipality: SCHAUMBURG
  • Latitude: 42.0351
  • Longitude: -88.0618

    Address

  • Full Address: 751 Edgelake Pt
  • Address - House Number: 751
  • Address - Street Name: Edgelake
  • Address - Suffix Type: Pt
  • State: IL
  • City Name: Schaumburg
  • Carrier Code: C019
  • 4-Digit Zip Code: 3614
  • Zip Code: 60194

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $457,359
  • Tax Rate Code Area: 35011

    Appraisal Valuation

  • Standard Deviation: 0.1864
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 75
  • Final Value: 211,055
  • High Value: 250,412
  • Low Value: 171,698

    Market Valuation

  • Market Total Value: $168,380
  • Market Land Value: $56,450
  • Market Improvement Value: $111,930

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $16,838
  • Assessed Land Value: $5,645
  • Assessed Improvements Value: $11,193

    Sales

  • Current Sale Contract Date: Jul 25, 2005
  • Current Sale Recording Date: Sep 28, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 0527133106
  • Previous Sale Recording Date: Aug 22, 2000
  • Previous Sale Contract Date: Aug 18, 2000
  • Previous Sale Amount: $109,500
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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 Schaumburg

Stats & Trends

Median Asking:

$339,900

Sale Price/ft²

$248

Below Asking

0.01%

Average Days on Market

40

Average Home Size

1684 ft²

Average Home Age

37.3 years

Currently For Sale

115 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 380 Heather Court, Schaumburg, IL, 60193

$2,300 /mo

  • 2 Beds
  • 2 Baths
  • 1,100 ft²
380 Heather Court #2B, Schaumburg, IL, 60193 Listing by Denise Hammett
Unit for rent at 75 Kristin Circle, Schaumburg, IL, 60195

$2,200 /mo

  • 2 Beds
  • 2 Baths
  • 1,016 ft²
75 Kristin Circle #613, Schaumburg, IL, 60195 Listing by Noreen Plaga
Unit for rent at 355 Lambert Drive, Schaumburg, IL, 60193

$2,300 /mo

  • 2 Beds
  • 2 Baths
  • 1,200 ft²
355 Lambert Drive #D2, Schaumburg, IL, 60193 Listing by Paras Pahade

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Michael Pisto, Coldwell Banker Realty
Data Source: MRED, MLS# MRD12457216
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 751 Edgelake Point built and last sold?
The property at 751 Edgelake Point was built in 1974 and last sold on Jul 25, 2005 for $180,000.
How much is this home worth?
The estimated value of the home located at 751 Edgelake Point is $267,713.
What are some comparable homes to 751 Edgelake Point?
There are currently no comparable homes to 751 Edgelake Point.
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