$380,000
●
House -
Off Market
797 Cheyenne Lane
Elgin, IL 60123
4 Beds
3 Baths,
1
Half Bath
2,485 Ft²
$2,593
Est. Monthly
8.31%
Cap Rate
About This Property
EXCELLENT LOCATION & FABULOUS CONDITION INSIDE OUT. UPDATED KITCHEN
WITH NICE CABINETS, GRANITE COUNTERS, STAINLESS STEEL APPLIANCES,
CENTER ISLAND & WOOD FLOORS. SEPARATE DINING ROOM AREA. NEWER
ENGINEERED WOOD THROUGH OUT MAIN LEVEL INSTALLED IN 2022. HUGE
LIVING ROOM, FAMILY ROOM WITH WOOD BURNING BRICK FIRE PLACE &
CROWN MOLDING. SPACIOUS 4 BEDROOMS, 2.1 BATH, FINISHED BASEMENT &
TWO CAR GARAGE. LARGE MASTER SUITE WITH SITTING OR WORKING AREA,
WALKING CLOSET, UPDATED WASHROOM WITH SEPARATE SHOWER & OVERSIZE
WHIRLPOOL TUB TO RELAX. ALL NEWER WINDOWS & HVAC SYSTEM. NEWER ROOF
& SIDING INSTALLED IN 2021. BEAUTIFULLY LANDSCAPED BACK YARD WITH
HUGE 27X16 DECK TO ENJOY SUMMER SEASON. CLOSE TO ALL AMENITIES.
Unit Size
2,485 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$161
Property Type
House
Property Taxes
$629
HOA Dues
-
Year Built
1989
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #12093828)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 19, 2024 | Sold | ||
| Sold | |||
| Jun 25, 2024 | Listed by Provident Realty, Inc. | $399,990 | |
| Listed by Provident Realty, Inc. | |||
| Jun 16, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| May 10, 2024 | Listed by Provident Realty, Inc. | $399,990 | |
| Listed by Provident Realty, Inc. | |||
| | |||
|
EXCELLENT LOCATION & FABULOUS CONDITION INSIDE OUT. UPDATED KITCHEN WITH NICE CABINETS, GRANITE COUNTERS, STAINLESS STEEL APPLIANCES, CENTER ISLAND & WOOD FLOORS. SEPARATE DINING ROOM AREA. NEWER ENGINEERED WOOD THROUGH OUT MAIN LEVEL INSTALLED IN 2022. HUGE LIVING ROOM, FAMILY ROOM WITH WOOD BURNING BRICK FIRE PLACE & CROWN MOLDING. SPACIOUS 4 BEDROOMS, 2.1 BATH, FINISHED BASEMENT & TWO CAR GARAGE. LARGE MASTER SUITE WITH SITTING OR WORKING AREA, WALKING CLOSET, UPDATED WASHROOM WITH SEPARATE SHOWER & OVERSIZE WHIRLPOOL TUB TO RELAX. ALL NEWER WINDOWS & HVAC SYSTEM. NEWER ROOF & SIDING INSTALLED IN 2021. BEAUTIFULLY LANDSCAPED BACK YARD WITH HUGE 27X16 DECK TO ENJOY SUMMER SEASON. CLOSE TO ALL AMENITIES.
| |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Northwest Elgin
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Paresh Shah, Provident Realty, Inc.
Last Updated: 3 years ago
Data Source: MRED, MLS# 12093828
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# 12093828
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017