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Carol Stream 60188
979 SPLIT RAIL DRIVE
$281,000
● House - Off Market

979 SPLIT RAIL DRIVE

CAROL STREAM, IL 60188
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
$490,074
RealtyHop Estimate
70.52%
Since Mar 1, 2007
National-US
Primary Model

About This Property

SHOWS FAIR/WELL This home just needs TLC;Cosmetic only:*WONDERFUL CAMBRIDGE STAFFORD MODEL;CAROL STREAM SCHOOLS.NEWER ARC.ROOF, UPGRADE OAK CABINETS, FORMAL DR W/FRENCH DOORS, VAULTED CEILING LR, SKYLIGHT IN BATH. FULL MAINTENANCE FREE EXTERIOR.****NOTE: 4TH BEDROOM IS BEING USED AS A SITTING ROOM.**SEE FLOOR PLANS.*MOTIVATED! ATTN: INVESTORS & REHABBERS; BELOW MARKET**FIXER UPPER*SOLD"AS-IS" L@@k* See Agent Remarks
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$479
HOA Dues
-
Year Built
1988

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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.

Property Highlights

Parking Available
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • 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: 10,890
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 810
  • Total Building Area: 2,052
  • Gross Building Area: 2,052
  • Building Area: 2,052
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,052
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CAMBRIDGE GLEN
  • Land Acres: 0000000250
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: CAMBRIDGE GLEN ALL

Neighborhood

  • School District Name: Community Consolidated School District 93
  • School Tax School District: CAROL STREAM
  • Census Tract: 841324

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 2967-D5
  • Parcel: 01-25-208-006
  • Lot: 6
  • Municipality: WAYNE
  • Latitude: 41.9287
  • Longitude: -88.152

    Address

  • Full Address: 979 Split Rail Dr
  • Address - House Number: 979
  • Address - Street Name: Split Rail
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Carol Stream
  • Carrier Code: C027
  • 4-Digit Zip Code: 4814
  • Zip Code: 60188

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $766,002
  • Tax Rate Code Area: 1034

    Appraisal Valuation

  • Standard Deviation: 0.2001
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 73
  • Final Value: 438,072
  • High Value: 525,735
  • Low Value: 350,409

    Market Valuation

  • Market Total Value: $267,060
  • Market Land Value: $97,230
  • Market Improvement Value: $169,830

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $89,020
  • Assessed Land Value: $32,410
  • Assessed Improvements Value: $56,610

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 17, 2017
  • Current Sale Recording Date: Apr 21, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2017-038462
  • Previous Sale Recording Date: Sep 30, 2015
  • Previous Sale Contract Date: Sep 21, 2015
  • Previous Sale Amount: $250,000
  • 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:

$359,950

Sale Price/ft²

$227

Below Asking

0.01%

Average Days on Market

42

Average Home Size

1497 ft²

Average Home Age

42.7 years

Currently For Sale

38 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 1780 Nautilus Lane, Hanover Park, IL, 60133

$3,200 /mo

  • 3 Beds
  • 3 Baths
  • 2,000 ft²
1780 Nautilus Lane, Hanover Park, IL, 60133 Listing by Benyamin Lalez

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Marla Kubik, ABR,PSA, RE/MAX All Pro
Data Source: MRED, MLS# MRD06264124
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 979 Split Rail Drive built and last sold?
The property at 979 Split Rail Drive was built in 1988 and last sold on Apr 17, 2017 for $305,000.
How much is this home worth?
The estimated value of the home located at 979 Split Rail Drive is $0.
What are some comparable homes to 979 Split Rail Drive?
There are currently no comparable homes to 979 Split Rail Drive.
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