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Des Plaines 60016
896 Alfini Drive
$280,500
● House - Off Market

896 Alfini Drive

Des Plaines, IL 60016
bedrooms
2 Beds
bathrooms
1 Bath
square feet
858 Ft²
$289,495
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

GREAT 2- STORY IN MOVE IN CONDITION ~ BRAND NEW KITCHEN W/NEW WHITE CABINETS ~ NEW APPLIANCES ~ REMODLED BATHROOM ~ PARTIALLY FINISHED BASEMENT W/FAMILY ROOM AND LAUNDRY ROOM ~ LARGE PATIO OVERLOOKS BEAUTIFUL PRAIRIE LAKES PARK ~ LOCATED ON QUITE STREET, WALKING DISTANCE TO SCHOOLS ~ QUICK CLOSING POSSIBLE ~ THIS ONE WON'T LAST!
Unit Size
858 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$326
Property Type
House
Property Taxes
$193
HOA Dues
-
Year Built
1953

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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 #11474304)

Price History

Date / Event Date Event Price
Aug 30, 2022 Sold
Premium
Sold
Jul 25, 2022 Listed by CENTURY 21 New Heritage $280,000
Listed by CENTURY 21 New Heritage

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 28
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,150
  • Total Building Area: 858
  • Gross Building Area: 858
  • Building Area: 858
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 858
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ALFINIS THIRD ADDITION
  • Land Acres: 0000000164
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34

Neighborhood

  • School District Name: Des Plaines Community Consolidated School District 62
  • Census Tract: 770601

Geography

  • District: 22
  • Parcel: 09-19-200-032-0000
  • Meridian: SEC 19 TWN 41N RNG 12E
  • Municipality: MAINE
  • Latitude: 42.0364
  • Longitude: -87.9105

    Address

  • Full Address: 896 Alfini Dr
  • Address - House Number: 896
  • Address - Street Name: Alfini
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Des Plaines
  • Carrier Code: C018
  • 4-Digit Zip Code: 6112
  • Zip Code: 60016

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $510,572
  • Tax Rate Code Area: 22028

    Appraisal Valuation

  • Standard Deviation: 0.2316
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 309,263
  • High Value: 380,904
  • Low Value: 237,622

    Market Valuation

  • Market Total Value: $260,010
  • Market Land Value: $53,630
  • Market Improvement Value: $206,380

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $26,001
  • Assessed Land Value: $5,363
  • Assessed Improvements Value: $20,638

    Sales

  • Current Sale Contract Date: Aug 29, 2022
  • Current Sale Recording Date: Sep 06, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7427
  • Previous Sale Recording Date: May 20, 2022
  • Previous Sale Contract Date: May 17, 2022
  • Previous Sale Amount: $210,000
  • Previous Sale Document Type: 27
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 Des Plaines

Stats & Trends

Median Asking:

$400,000

Sale Price/ft²

$250

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1675 ft²

Average Home Age

48.8 years

Currently For Sale

92 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 800 Graceland Avenue, Des Plaines, IL, 60016

$2,100 /mo

  • 2 Beds
  • 1 Bath
  • 980 ft²
800 Graceland Avenue #205, Des Plaines, IL, 60016 Listing by Malgorzata Dworkiewicz
Unit for rent at 1781 Rand Road, Des Plaines, IL, 60016

$2,150 /mo

  • 3 Beds
  • 2 Baths
  • 950 ft²
1781 Rand Road #2A, Des Plaines, IL, 60016 Listing by Lenora Knudson

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Lisa Rossow, CENTURY 21 New Heritage
Last Updated: 3 years ago
Data Source: MRED, MLS# 11474304
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 896 Alfini Drive built and last sold?
The property at 896 Alfini Drive was built in 1953 and last sold on Aug 29, 2022 for $280,500.
How much is this home worth?
The estimated value of the home located at 896 Alfini Drive is $0.
What are some comparable homes to 896 Alfini Drive?
There are currently no comparable homes to 896 Alfini Drive.
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