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Cary 60013 Cimarron
766 Cimarron Drive
$350,000
● House - Off Market

766 Cimarron Drive

Cary, IL 60013
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,371 Ft²
$2,190
Est. Monthly
7.93%
Cap Rate

About This Property

GREAT CIMARRON RANCH, EXCEPTIONALLY WELL KEPT AND CLEAN.   VAULTED CEILINGS AND WIDE OPEN FLOORPLAN. COZY FIREPLACE IN FAMILY ROOM. LAMINATE FLOORING THROUGHOUT MAIN AREA. BIG FINISHED BASEMENT WITH 4th BEDROOM DRYWALLED READY TO FINISH AND HUGE REC ROOM STILL ALLOWING PLENTY OF STORAGE. CLEAN AND BRIGHT LAUNDRY AREA. HOME HAS BEEN MAINTAINED THOUGHTFULLY THROUGH THE YEARS. BIG FENCED YARD LANDSCAPED BY A PRO. IT'S READY TO MOVE IN!
Unit Size
1,371 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$241
Property Type
House
Property Taxes
$570
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 #11907106)

Price History

Date / Event Date Event Price
Mar 29, 2024 Sold
Premium
Sold
Feb 23, 2024 Listed by Baird & Warner $329,900
Listed by Baird & Warner

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • 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: 10,197
  • Total Building Area: 2,742
  • Building Area: 1,371
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,371
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CIMARRON UNIT 3
  • Land Acres: 0000000234
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2000R0065245 LT 245 CIMARRON UNIT 3 MEMO: FISCHER, ROSEMARIE 1998 DECL OF TR

Neighborhood

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

Geography

  • Parcel: 19-11-476-029
  • Block: 476
  • Lot: 245
  • Municipality: ALGONQUIN TWP
  • Latitude: 42.2143
  • Longitude: -88.2611

    Address

  • Full Address: 766 Cimarron Dr
  • Legal Unit: 3
  • Address - House Number: 766
  • Address - Street Name: Cimarron
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Cary
  • Carrier Code: C010
  • 4-Digit Zip Code: 3356
  • Zip Code: 60013

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $683,838
  • Tax Rate Code Area: 19007

    Appraisal Valuation

  • Standard Deviation: 0.0981
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 90
  • Final Value: 327,332
  • High Value: 359,443
  • Low Value: 295,221

    Market Valuation

  • Market Total Value: $252,093
  • Market Land Value: $67,830
  • Market Improvement Value: $184,263

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $84,031
  • Assessed Land Value: $22,610
  • Assessed Improvements Value: $61,421

    Sales

  • Current Sale Contract Date: Oct 24, 2000
  • Current Sale Recording Date: Oct 30, 2000
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2000R0059086
  • Previous Sale Recording Date: Jan 13, 1997
  • Previous Sale Contract Date: Oct 31, 1996
  • Previous Sale Amount: $153,000
  • Previous Sale Document Type: 71
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: Holly Trandel, Baird & Warner
Last Updated: 3 years ago
Data Source: MRED, MLS# 11907106
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 766 Cimarron Drive built and last sold?
The property at 766 Cimarron Drive was built in 1991 and last sold on Oct 24, 2000 for $180,000.
How much is this home worth?
The estimated value of the home located at 766 Cimarron Drive is $337,699.
What are some comparable homes to 766 Cimarron Drive?
There are currently no comparable homes to 766 Cimarron Drive.
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