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Algonquin 60102 Terrace Lakes
8 Wintergreen Court
$95,000
● Land - Off Market

8 Wintergreen Court

Algonquin, IL 60102
bedrooms
Studio
bathrooms
0 Bath
$512
Est. Monthly
7.56%
Cap Rate

About This Property

One of the last 3 available home sites in the desirable Terrace Lakes Subdivision. This prime cul-de-sac location is located in a neighborhood of higher-end semi-custom estate style homes. People love this development because of its proximity to the Square Barn School Campus, it's municipal city and sewer, there are several parks in the neighborhood, and NO homeowner's association. Bring your own builder, all utilities are already to the site and ready to go.
Unit Size
-
Days on Market
-
Land Size
0.48 acres
Price per sqft
-
Property Type
Land
Property Taxes
$20
HOA Dues
-
Year Built
-

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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 #12095186)

Price History

Date / Event Date Event Price
Aug 15, 2024 Sold
Premium
Sold
Jul 17, 2024 In contract -
In contract
Jun 26, 2024 Listed by Keller Williams Success Realty $100,000
Listed by Keller Williams Success Realty

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • 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: 21,056
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: TERRACE LAKES SUB
  • Land Acres: 0000000483
  • Standard Land Use Code: 8010
  • County Land Use Code: 0032
  • Legal Description 1: DOC 2008R0002114 LT 147 TERRACE LAKES SUB UNIT 6

Neighborhood

  • School District Name: Huntley Consolidated School District 158
  • Census Tract: 871107

Geography

  • Parcel: 18-36-179-008
  • Lot: 147
  • Municipality: GRAFTON TWP
  • Latitude: 42.1622
  • Longitude: -88.3683

    Address

  • Full Address: 8 Wintergreen Ct
  • Legal Unit: 6
  • Address - House Number: 8
  • Address - Street Name: Wintergreen
  • Address - Suffix Type: Ct
  • State: IL
  • City Name: Algonquin
  • Carrier Code: C016
  • 4-Digit Zip Code: 6332
  • Zip Code: 60102

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,844
  • Tax Rate Code Area: 18018

    Market Valuation

  • Market Total Value: $669
  • Market Land Value: $669

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $223
  • Assessed Land Value: $223
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 Terrace Lakes

Stats & Trends

Median Asking:

$669,900

Sale Price/ft²

$237

Below Asking

0.01%

Average Days on Market

65

Average Home Size

3248 ft²

Average Home Age

23 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

Rentals Near You

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MRED

Listed by: Vincent Romano, Keller Williams Success Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 12095186
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 8 Wintergreen Court built and last sold?
The property at 8 Wintergreen Court was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 8 Wintergreen Court is $0.
What are some comparable homes to 8 Wintergreen Court?
There are currently no comparable homes to 8 Wintergreen Court.
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