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Algonquin 60102 High Hill Farms
790 MAJESTIC Drive
$420,000
● House - Off Market

790 MAJESTIC Drive

Algonquin, IL 60102
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
4,204 Ft²
$455,174
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

Priced reduced!  Now is your opportunity to get into this great home with so much updated this summer!!   New white kitchen cabinets w/granite counters & new SS appliances.  Custom granite FP in FR.  New lighting t/o!  Freshly painted.  Brand new LVT flooring t/o 1st floor, new carpet on stairs & 2nd floor. 4 bedrooms upstairs and 2 bedrooms in basement + 1st floor office is perfect for a large family.  Primary bedroom w/trey ceiling and 2 walk in closets.  Bath offers double sink vanity, soaker tub & ceramic shower w/seamless shower door.  Basement is finished w/2 more bedrooms, full bath, huge rec room & storage!  Brick paver patio in fenced yard. 3 car garage.  So much for the money!  Quick close is ok!  Bring your offer today!  Don't wait!  See it today.
Unit Size
4,204 Ft²
Days on Market
-
Land Size
-
Price per sqft
$103
Property Type
House
Property Taxes
$875
HOA Dues
-
Year Built
1999

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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.

Last updated: 3 years ago (MRED MLS #11487635)

Price History

Date / Event Date Event Price
Oct 27, 2022 Sold
Premium
Sold
Sep 6, 2022 Listed by RE/MAX Suburban $434,999
Listed by RE/MAX Suburban

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,430
  • Garage Type: 1
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,000
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 800
  • Total Building Area: 4,201
  • Building Area: 2,771
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,771
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIGH HILL FARMS UNIT 14
  • Land Acres: 0000000230
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2022R0038709 LT 852 HIGH HILL FARMS UNIT 14

Neighborhood

  • School District Name: Community Unit School District 300
  • Census Tract: 871206

Geography

  • Parcel: 19-32-255-010
  • Block: 255
  • Lot: 852
  • Municipality: ALGONQUIN TWP
  • Latitude: 42.1622
  • Longitude: -88.3256

    Address

  • Full Address: 790 Majestic Dr
  • Legal Unit: 14
  • Address - House Number: 790
  • Address - Street Name: Majestic
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Algonquin
  • Carrier Code: C001
  • 4-Digit Zip Code: 4366
  • Zip Code: 60102

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,052,350
  • Tax Rate Code Area: 19005

    Appraisal Valuation

  • Standard Deviation: 0.1622
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 79
  • Final Value: 469,903
  • High Value: 546,138
  • Low Value: 393,667

    Market Valuation

  • Market Total Value: $401,598
  • Market Land Value: $63,132
  • Market Improvement Value: $338,466

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $133,866
  • Assessed Land Value: $21,044
  • Assessed Improvements Value: $112,822

    Sales

  • Current Sale Contract Date: Oct 27, 2022
  • Current Sale Recording Date: Nov 17, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 38709
  • Previous Sale Recording Date: Jan 04, 2000
  • Previous Sale Contract Date: Dec 20, 1999
  • Previous Sale Amount: $223,000
  • 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 High Hill Farms

Stats & Trends

Median Asking:

$459,500

Sale Price/ft²

$194

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2772 ft²

Average Home Age

34 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

Unit for rent at 2240 Barrett Drive, Algonquin, IL, 60102

$3,500 /mo

  • 4 Beds
  • 3 Baths
  • 2,810 ft²
2240 Barrett Drive, Algonquin, IL, 60102 Listing by Jennifer Ambrose

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Karen Goins, RE/MAX Suburban
Last Updated: 3 years ago
Data Source: MRED, MLS# 11487635
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 790 Majestic Drive built and last sold?
The property at 790 Majestic Drive was built in 1999 and last sold on Oct 27, 2022 for $420,000.
How much is this home worth?
The estimated value of the home located at 790 Majestic Drive is $458,332.
What are some comparable homes to 790 Majestic Drive?
There are currently no comparable homes to 790 Majestic Drive.
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