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Round Lake Beach 60073 Round Lake Beach-Hillwood
816 Mayfield Drive
$215,000
● House - Off Market

816 Mayfield Drive

Round Lake Beach, IL 60073
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,624 Ft²
$1,454
Est. Monthly
17.32%
Cap Rate

About This Property

Nice neat and clean Tri-level home. Three bedrooms and one bath up, one bedroom with full bathroom in the lower level. Close to schools, shopping and the Metra. Property being sold as-is. All sizes and information not to be deemed as guaranteed, due your diligence.
Unit Size
1,624 Ft²
Days on Market
-
Land Size
-
Price per sqft
$132
Property Type
House
Property Taxes
$397
HOA Dues
-
Year Built
1976

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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 #11877546)

Price History

Date / Event Date Event Price
Dec 27, 2023 Sold
Premium
Sold
Sep 5, 2023 Listed by Keller Williams Success Realty $215,000
Listed by Keller Williams Success Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 39
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • 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: 5,510
  • Total Building Area: 1,096
  • Gross Building Area: 1,096
  • Building Area: 1,096
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 6
  • Heating: 4
  • Heated Square Feet: 1,096
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROUND LAKE BEACH HILLWOOD ADDITION UNIT
  • Land Acres: 0000000127
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: ROUND LAKE BEACH HILLWOOD ADDITION UNIT 2 SUB; LOT 21 BLOCK 367

Neighborhood

  • School District Name: Round Lake Community Unit School District 116
  • Census Tract: 861304

Geography

  • Assessors Map Reference: 2474-D7
  • District: AVON
  • Parcel: 06-19-227-020
  • Block: 367
  • Lot: 21
  • Municipality: TWP OF AVON
  • Latitude: 42.3671
  • Longitude: -88.1038

    Address

  • Full Address: 816 Mayfield Dr
  • Legal Unit: 2
  • Address - House Number: 816
  • Address - Street Name: Mayfield
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Round Lake Beach
  • Carrier Code: C012
  • 4-Digit Zip Code: 2456
  • Zip Code: 60073

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $476,852
  • Tax Rate Code Area: 7006

    Appraisal Valuation

  • Standard Deviation: 0.09
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 92
  • Final Value: 208,109
  • High Value: 226,859
  • Low Value: 189,359

    Market Valuation

  • Market Total Value: $162,575
  • Market Land Value: $25,668
  • Market Improvement Value: $136,907

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $54,186
  • Assessed Land Value: $8,555
  • Assessed Improvements Value: $45,631

    Sales

  • Current Sale Contract Date: Dec 27, 2023
  • Current Sale Recording Date: Jan 03, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 8012947
  • Previous Sale Recording Date: Jun 13, 2012
  • Previous Sale Contract Date: May 24, 2012
  • Previous Sale Amount: $53,000
  • Previous Sale Document Type: 68
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 Round Lake Beach-Hillwood

Stats & Trends

Median Asking:

$275,000

Sale Price/ft²

$215

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1157 ft²

Average Home Age

71 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 297 E Lakeview Avenue, Round Lake Beach, IL, 60073

$3,850 /mo

  • 4 Beds
  • 2 Baths
  • 2,282 ft²
297 E Lakeview Avenue, Round Lake Beach, IL, 60073 Listing by Rachael West

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Randall Nosalik, Keller Williams Success Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11877546
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 816 Mayfield Drive built and last sold?
The property at 816 Mayfield Drive was built in 1976 and last sold on Dec 27, 2023 for $215,000.
How much is this home worth?
The estimated value of the home located at 816 Mayfield Drive is $0.
What are some comparable homes to 816 Mayfield Drive?
There are currently no comparable homes to 816 Mayfield Drive.
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