$300,000
●
House -
Off Market
856 Breckenboro Road
Lake Summerset, IL 61019
3 Beds
2 Baths
2,248 Ft²
$318,651
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model
About This Property
Welcome to The Lake House! 3 bedrooms, 2 full baths, w/a 2 car
attached garage ON THE LAKE! Upper-level sliding doors open to
elevated deck that allows beautiful panoramic views of the lake
where you could be drinking coffee in the morning on the lake
EVERYDAY! Kitchen, DR, LR, full bath, and 2 bedrooms on upper
level. Lower level has spacious family room w/large stone
wood burning fireplace, mini-kitchenette, full bath, laundry and an
unfinished bonus area w/egress & full walkout to your own slice of
heaven on the lake! Absolutely gorgeous. Lake Summerset is a gated
community and offers so much to include; a 285 acre stocked lake,
boating, swimming, wedding/reception lodge, camping, parks, sports
amenities, trails, and so much more. 90 minutes to Ohare & 50 to
Madison! Seller is leaving portable pier for new buyer. Get
your toys ready, you'll need them!
Unit Size
2,248 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$140
Property Type
House
Property Taxes
$537
HOA Dues
$71
Year Built
1979
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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 #11369706)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 15, 2022 | Sold | ||
| Sold | |||
| Apr 8, 2022 | Listed by Keller Williams Realty Signature | $315,000 | |
| Listed by Keller Williams Realty Signature | |||
| Dec 24, 2021 | No longer available | - | |
| No longer available | |||
| Aug 6, 2021 | Listed by Best Realty | $349,000 | |
| Listed by Best Realty | |||
| | |||
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FANTASTIC LAKEFRONT HOME WITH A STEEL SEA WALL AND PANORAMIC VIEWS FROM HUGE WINDOWS AND LARGE DECK. STATELY TREES AND MATURE LANDSCAPING THAT GIVES YOU PRIVACY. PORTABLE PIER INCLUDED. A LARGE ATTACHED GARAGE IS A BONUS. HOUSE AND DECK PAINTED IN 2021. ALL APPLIANCES INCLUDED AND SOME FURNITURE IS NEGOTIABLE. NEW SLIDING DOOR OFF DINING ROOM COMING SOON. HOMEOWNER IS HAVING WORK DONE ON THE SHORE LINE IN OCTOBER 2021. PORTABLE PIER INCLUDED. THIS HOME IS PERFECT FOR ENTERTAINING AND COULD BE A PEACEFUL RETREAT AND IS ONLY 45 MINUTES TO MADISON AND 90 MINUTES TO OHARE. The manager has listed the unit size as 2052 square feet.
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About Lake Summerset
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Listed by: Andrea Goetz, Keller Williams Realty Signature
Last Updated: 3 years ago
Data Source: MRED, MLS# 11369706
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# 11369706
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