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Algonquin 60102 Spring Creek Farms
930 APPLEWOOD Lane
$399,000
● House - Off Market

930 APPLEWOOD Lane

Algonquin, IL 60102
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,847 Ft²
$2,743
Est. Monthly
7.87%
Cap Rate

About This Property

Beautiful Expanded Cypress Model Features 4 Bedrooms and 2 and a half Baths, Full Finished Basement with large utility room, Large Eat-in Recently Kitchen, Spacious Family Room w/ Brick Fireplace plus Sliding Glass Doors Leading to a large Deck and Fully Fenced in Backyard.  French Doors Lead to a Light and Bright Living Room. Volume Ceilings in Master Suite with Walk-in Closet & Private Bath, Professionally Landscaped Private Yard and Custom Deck, newer carpet on the first floor and recently painted throughout. Schedule your showing today, you won't want to miss this one!
Unit Size
2,847 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$140
Property Type
House
Property Taxes
$783
HOA Dues
-
Year Built
1986

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Cap Rate Calculator

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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: 2 years ago (MRED MLS #12165402)

Price History

Date / Event Date Event Price
Oct 25, 2024 Sold
Premium
Sold
Sep 21, 2024 In contract -
In contract
Sep 17, 2024 Temporarily off market -
Temporarily off market
Sep 16, 2024 Listed by GREAT HOMES REAL ESTATE, INC. $399,000
Listed by GREAT HOMES REAL ESTATE, INC.
Jul 28, 2024 Price Decreased $412,900
↓ $12K (2.8%)
Price Decreased
Show More

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • 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: 5
  • 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: 3
  • Basement Area: 996
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 69
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,125
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 750
  • Total Building Area: 3,141
  • Building Area: 2,847
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,847
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SPRING CREEK FARMS UNIT 2
  • Land Acres: 0000000232
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2021R0036174 LT 5 SPRING CREEK FARMS UNIT 2

Neighborhood

  • School District Name: Community Unit School District 300
  • Census Tract: 871404

Geography

  • Parcel: 19-35-180-004
  • Block: 180
  • Lot: 5
  • Municipality: ALGONQUIN TWP
  • Latitude: 42.164
  • Longitude: -88.2677

    Address

  • Full Address: 930 Applewood Ln
  • Legal Unit: 2
  • Address - House Number: 930
  • Address - Street Name: Applewood
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Algonquin
  • Carrier Code: C009
  • 4-Digit Zip Code: 4510
  • Zip Code: 60102

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $756,722
  • Tax Rate Code Area: 19005

    Appraisal Valuation

  • Standard Deviation: 0.1647
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 79
  • Final Value: 394,756
  • High Value: 459,784
  • Low Value: 329,728

    Market Valuation

  • Market Total Value: $282,714
  • Market Land Value: $62,298
  • Market Improvement Value: $220,416

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $94,238
  • Assessed Land Value: $20,766
  • Assessed Improvements Value: $73,472

    Sales

  • Current Sale Contract Date: Jun 10, 2021
  • Current Sale Recording Date: Jul 02, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2021R0036174
  • Previous Sale Recording Date: Apr 20, 2000
  • Previous Sale Contract Date: Dec 28, 1999
  • Previous Sale Amount: $186,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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 Spring Creek Farms

Stats & Trends

Median Asking:

$392,495

Sale Price/ft²

$226

Below Asking

0.01%

Average Days on Market

36

Average Home Size

1725 ft²

Average Home Age

40 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 1381 Glacier Parkway, Algonquin, IL, 60102

$3,800 /mo

  • 4 Beds
  • 2 Baths
  • 1,856 ft²
1381 Glacier Parkway, Algonquin, IL, 60102 Listing by Uver Perez

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Monica Morales, GREAT HOMES REAL ESTATE, INC.
Last Updated: 2 years ago
Data Source: MRED, MLS# 12165402
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 930 Applewood Lane built and last sold?
The property at 930 Applewood Lane was built in 1986 and last sold on Jun 10, 2021 for $295,000.
How much is this home worth?
The estimated value of the home located at 930 Applewood Lane is $402,990.
What are some comparable homes to 930 Applewood Lane?
There are currently no comparable homes to 930 Applewood Lane.
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