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Algonquin 60102 High Hill Farms
861 Providence Drive
$326,000
● House - Off Market

861 Providence Drive

Algonquin, IL 60102
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,528 Ft²
$380,147
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model

About This Property

Beautiful 2-story home is ready for new owners! Huge living room & separate dining room make this Hampton model a perfect home for entertaining.  Large kitchen with solid surface counters , family size pantry , new stainless steel refrigerator . You won't want to miss the generously sized bedrooms with great closet space. Basement is drywalled and waiting for your finishing touches!  Beautifully landscaped yard with paver patio for outside entertaining.  Conveniently located to shopping, parks, and schools!
Unit Size
2,528 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$129
Property Type
House
Property Taxes
$693
HOA Dues
-
Year Built
1993

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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 #11066901)

Price History

Date / Event Date Event Price
Jun 17, 2021 Sold
Premium
Sold
Apr 26, 2021 Listed by Exit Realty 365 $324,900
Listed by Exit Realty 365

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 864
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,000
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 800
  • Total Building Area: 3,392
  • Building Area: 2,528
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,528
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIGH HILL FARMS UNIT 9
  • Land Acres: 0000000230
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2021R0036222 LT 562 HIGH HILL FARMS UNIT 9

Neighborhood

  • School District Name: Community Unit School District 300
  • Census Tract: 871206

Geography

  • Parcel: 19-32-226-025
  • Block: 226
  • Lot: 562
  • Municipality: ALGONQUIN TWP
  • Latitude: 42.1628
  • Longitude: -88.3187

    Address

  • Full Address: 861 Providence Dr
  • Legal Unit: 9
  • Address - House Number: 861
  • Address - Street Name: Providence
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Algonquin
  • Carrier Code: C001
  • 4-Digit Zip Code: 4322
  • Zip Code: 60102

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $911,980
  • Tax Rate Code Area: 19005

    Appraisal Valuation

  • Standard Deviation: 0.151
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 81
  • Final Value: 431,617
  • High Value: 496,799
  • Low Value: 366,435

    Market Valuation

  • Market Total Value: $337,026
  • Market Land Value: $63,132
  • Market Improvement Value: $273,894

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $112,342
  • Assessed Land Value: $21,044
  • Assessed Improvements Value: $91,298

    Sales

  • Current Sale Contract Date: Jun 04, 2021
  • Current Sale Recording Date: Jul 02, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021R0036222
  • Previous Sale Recording Date: Jul 18, 2005
  • Previous Sale Contract Date: Jun 30, 2005
  • Previous Sale Amount: $290,000
  • Previous Sale Document Type: 71
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 High Hill Farms

Stats & Trends

Median Asking:

$459,500

Sale Price/ft²

$194

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2772 ft²

Average Home Age

34 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 2240 Barrett Drive, Algonquin, IL, 60102

$3,500 /mo

  • 4 Beds
  • 3 Baths
  • 2,810 ft²
2240 Barrett Drive, Algonquin, IL, 60102 Listing by Jennifer Ambrose

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Joanne Levicki, Exit Realty 365
Last Updated: 3 years ago
Data Source: MRED, MLS# 11066901
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 861 Providence Drive built and last sold?
The property at 861 Providence Drive was built in 1993 and last sold on Jun 4, 2021 for $326,000.
How much is this home worth?
The estimated value of the home located at 861 Providence Drive is $0.
What are some comparable homes to 861 Providence Drive?
There are currently no comparable homes to 861 Providence Drive.
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