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Carol Stream 60188
878 Waco Drive
$374,900
● House - Off Market

878 Waco Drive

Carol Stream, IL 60188
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,628 Ft²
$2,488
Est. Monthly
6.57%
Cap Rate

About This Property

Sold Before Processing
Unit Size
1,628 Ft²
Days on Market
-
Land Size
-
Price per sqft
$230
Property Type
House
Property Taxes
$647
HOA Dues
-
Year Built
1989

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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 #12063290)

Price History

Date / Event Date Event Price
Jun 28, 2024 Sold
Premium
Sold
May 22, 2024 Listed by RE/MAX Suburban $374,900
Listed by RE/MAX Suburban

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Lot Size Depth Feet: 1,330
  • Lot Size Frontage Feet: 760
  • Total Building Area: 1,628
  • Gross Building Area: 1,628
  • Building Area: 1,628
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,628
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BROOKSTONE UNIT 3
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: BROOKSTONE UNIT 3 ALL

Neighborhood

  • School District Name: Benjamin School District 25
  • School Tax School District: CAROL STREAM
  • Census Tract: 841307

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 2967-B5
  • Parcel: 01-25-108-014
  • Lot: 5
  • Municipality: WAYNE
  • Latitude: 41.9252
  • Longitude: -88.1648

    Address

  • Full Address: 878 Waco Dr
  • Legal Unit: 3
  • Address - House Number: 878
  • Address - Street Name: Waco
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Carol Stream
  • Carrier Code: C027
  • 4-Digit Zip Code: 3353
  • Zip Code: 60188

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $763,088
  • Tax Rate Code Area: 1021

    Appraisal Valuation

  • Standard Deviation: 0.168
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 354,256
  • High Value: 413,774
  • Low Value: 294,738

    Market Valuation

  • Market Total Value: $280,890
  • Market Land Value: $89,730
  • Market Improvement Value: $191,160

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $93,630
  • Assessed Land Value: $29,910
  • Assessed Improvements Value: $63,720

    Exemptions

  • Senior Citizen Exemption : Yes

    Sales

  • Current Sale Contract Date: Jul 20, 2000
  • Current Sale Recording Date: Aug 23, 2000
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2000-131038
  • Previous Sale Recording Date: Aug 17, 1998
  • Previous Sale Contract Date: Jul 31, 1998
  • Previous Sale Amount: $165,000
  • 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 Carol Stream

Stats & Trends

Median Asking:

$360,000

Sale Price/ft²

$229

Below Asking

0.01%

Average Days on Market

42

Average Home Size

1435 ft²

Average Home Age

41.7 years

Currently For Sale

36 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 1951 Windward Lane, Hanover Park, IL, 60133

$2,550 /mo

  • 3 Beds
  • 2 Baths
  • 1,250 ft²
1951 Windward Lane, Hanover Park, IL, 60133 Listing by Kevin Ramirez

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Mary Bremer, RE/MAX Suburban
Last Updated: 3 years ago
Data Source: MRED, MLS# 12063290
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 878 Waco Drive built and last sold?
The property at 878 Waco Drive was built in 1989 and last sold on Jul 20, 2000 for $193,000.
How much is this home worth?
The estimated value of the home located at 878 Waco Drive is $0.
What are some comparable homes to 878 Waco Drive?
There are currently no comparable homes to 878 Waco Drive.
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