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Elgin 60124
801 Rambling Brook Circle
$520,000
● House - Off Market

801 Rambling Brook Circle

Elgin, IL 60124
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,634 Ft²
$3,804
Est. Monthly
$291
HOA / Fees
2.91%
Cap Rate

About This Property

Stunning Somerset model in the sought-after Edgewater Community! This 3-bedroom plus den, 2-bathroom home has many upgrades including a beautiful bay window in the kitchen, allowing for plenty of natural light, sunroom, transom windows to name a few. Enjoy hardwood floors in the main living areas, and a rare FULL BASEMENT offering endless possibilities for additional living space and storage. Main living areas are freshly painted and new carpeting just installed. The inviting paver patio overlooks serene open space, providing privacy and tranquility. As part of the active adult community, you'll have access to incredible amenities, including a clubhouse, pickleball courts, indoor pool, gym, and meeting areas. A true gem in a vibrant community-don't miss your chance to call this home!"
Unit Size
2,634 Ft²
Days on Market
-
Land Size
-
Price per sqft
$199
Property Type
House
Property Taxes
$934
HOA Dues
$291
Year Built
2007

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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: 2 years ago (MRED MLS #12280210)

Price History

Date / Event Date Event Price
Mar 28, 2025 Sold
Premium
Sold
Mar 4, 2025 In contract -
In contract
Feb 27, 2025 Listed by Baird & Warner Fox Valley - Geneva $525,000
Listed by Baird & Warner Fox Valley - Geneva

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 2,634
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Frontage Feet: 560
  • Total Building Area: 5,268
  • Gross Building Area: 5,268
  • Building Area: 2,634
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 2,634
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EDGEWATER SUB
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: EDGEWATER SUB PHASE 3 LT 616

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 851913

Geography

  • Subdivision Phase Number: 3
  • Parcel: 06-29-127-019
  • Lot: 616
  • Municipality: ELGIN
  • Latitude: 42.0117
  • Longitude: -88.353

    Address

  • Full Address: 801 Rambling Brook Cir
  • Address - House Number: 801
  • Address - Street Name: Rambling Brook
  • Address - Suffix Type: Cir
  • State: IL
  • City Name: Elgin
  • Carrier Code: R005
  • 4-Digit Zip Code: 3110
  • Zip Code: 60124

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,071,180
  • Tax Rate Code Area: EL067

    Appraisal Valuation

  • Standard Deviation: 0.1389
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 83
  • Final Value: 502,293
  • High Value: 572,063
  • Low Value: 432,523

    Market Valuation

  • Market Total Value: $403,764
  • Market Land Value: $85,111
  • Market Improvement Value: $318,652

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $134,534
  • Assessed Land Value: $28,359
  • Assessed Improvements Value: $106,175

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 28, 2007
  • Current Sale Recording Date: Feb 21, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2008K013945
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 Elgin

Stats & Trends

Median Asking:

$359,900

Sale Price/ft²

$206

Below Asking

0.01%

Average Days on Market

44

Average Home Size

2118 ft²

Average Home Age

35 years

Currently For Sale

154 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 1137 Reserve Drive, Elgin, IL, 60124

$2,400 /mo

  • 2 Beds
  • 1 Bath
  • 1,500 ft²
1137 Reserve Drive, Elgin, IL, 60124 Listing by Brandy Schuldt

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Frank Gaines, Baird & Warner Fox Valley - Geneva
Last Updated: 2 years ago
Data Source: MRED, MLS# 12280210
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 801 Rambling Brook Circle built and last sold?
The property at 801 Rambling Brook Circle was built in 2007 and last sold on Nov 28, 2007 for $431,500.
How much is this home worth?
The estimated value of the home located at 801 Rambling Brook Circle is $0.
What are some comparable homes to 801 Rambling Brook Circle?
There are currently no comparable homes to 801 Rambling Brook Circle.
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