$582,000
●
House -
Off Market
802 Waters Edge Drive
South Elgin, IL 60177
4 Beds
5 Baths,
1
Half Bath
3,801 Ft²
$750,503
RealtyHop Estimate
27.20%
Since Mar 1, 2021
National-US
Primary Model
About This Property
New furnace, A/C 2018! Newer water heater! Relax to sunsets on this
private waterfront property in a clubhouse pool community! Privacy
rules, 1 of 9 lots in Thornwood on cul-de-sac and waterfront! Newer
water heater, furnace & A/C! Custom gourmet kitchen with cherry
cabinets, granite countertops and stainless steel appliances!
Custom granite built-in dining room hutch! Custom granite in master
shower and basement! Recessed lighting everywhere, even outdoor
downlights in eaves of roof! Finished basement! 3 car garage with
steps to basement! Mud room with dog shower! District 303 schools -
walk to school! Entire exterior just painted 2019!
Unit Size
3,801 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$155
Property Type
House
Property Taxes
$1,232
HOA Dues
$43
Year Built
2001
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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 #10939738)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 26, 2021 | Sold | ||
| Sold | |||
| Nov 24, 2020 | No longer available | - | |
| No longer available | |||
| Nov 23, 2020 | Listed by REMAX Horizon | $590,000 | |
| Listed by REMAX Horizon | |||
| Sep 24, 2020 | No longer available | - | |
| No longer available | |||
| Sep 23, 2020 | Listed | $590,000 | |
| Listed | |||
| | |||
|
New furnace, A/C 2018! Newer water heater! Relax to sunsets on this private waterfront property in a clubhouse pool community! Privacy rules, 1 of 9 lots in Thornwood on cul-de-sac and waterfront! Newer water heater, furnace & A/C! Custom gourmet kitchen with cherry cabinets, granite countertops and stainless steel appliances! Custom granite built-in dining room hutch! Custom granite in master shower and basement! Recessed lighting everywhere, even outdoor downlights in eaves of roof! Finished basement! 3 car garage with steps to basement! Mud room with dog shower! District 303 schools - walk to school! Entire exterior just painted 2019! The manager has listed the unit size as 3801 square feet.
| |||
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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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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
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Listed On
Listed On
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Sold On
HOA + Taxes
About South Elgin
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Listed by: Robert Wisdom, REMAX Horizon
Last Updated: 3 years ago
Data Source: MRED, MLS# 10939738
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# 10939738
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