$401,000
●
House -
Off Market
781 Majestic Drive
Algonquin, IL 60102
3 Beds
3 Baths,
1
Half Bath
2,640 Ft²
$434,766
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model
About This Property
* TERRIFIC LOCATION * Just minutes to Randall Road corridor loaded
with shopping, restaurants, Algonquin Commons & less than 10
minutes to I90! * Original owner has taken care of this 2640 square
foot Bennett Model that offers an open floor plan * 2 story home
with 9' ceilings * 2 story spacious family room opens to 2nd floor
* Open kitchen with 42" cabinets, granite island & eating area *
2nd floor looks to open 2 story foyer & 2 story family room * HUGE
master bedroom with tray ceiling & LARGE walk-in closet *
Master bathroom with double sinks, separate tub & shower *
2.5 bathrooms * 3 car fully insulated HEATED garage with race deck
flooring * FULL unfinished basement * Large cement patio (just
pressure washed) with natural gas hookup & ALL FENCED backyard is
great for entertaining PLUS invisible fence around perimeter of
entire property * 10 x 10 storage shed too * RECENT IMPROVEMENTS:
NEW ROOF in 2015 * Exterior trim painted in 2018 * NEW
exterior lighting in 2021 * Eufy security camera door bell * 2
stage furnace & central air BRAND NEW in 2021 * 50 gallon hot water
heater in 2016 * Freshly painted interior & ceilings throughout
home * Samsung kitchen stainless steel appliances in refrigerator,
stove & microwave in 2014 & Bosch dishwasher with silence plus in
2017 * LED RGB with remote control under cabinet lighting in
kitchen * NEW ceiling fans in family room & master bedroom in 2021
* NEW foyer & ceiling mount lights in 2021 * NEW faucets in all
bathrooms in 2021 * Updated laundry room with new paint, flooring &
4" base trim in 2021 * 4" baseboard trim through the 1st floor *
DuPont oak woodgrain plank flooring throughout 1st floor * 2 NEW
Chamberlin bluetooth garage door openers in 2021 * So much to offer
* You will NOT be disappointed! *
Unit Size
2,640 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$148
Property Type
House
Property Taxes
$784
HOA Dues
-
Year Built
1999
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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 #11238512)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 24, 2021 | Sold | ||
| Sold | |||
| Oct 14, 2021 | Listed by Keller Williams Success Realty | $389,900 | |
| Listed by Keller Williams Success Realty | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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HOA + Taxes
About High Hill Farms
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Jacqueline Reed, Keller Williams Success Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11238512
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.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11238512
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