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St. Charles 60175
980 Reserve Drive
$724,680
● House - Off Market

980 Reserve Drive

St. Charles, IL 60175
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,491 Ft²
$587,422
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model

About This Property

sold during processing.
Unit Size
2,491 Ft²
Days on Market
-
Land Size
0.47 acres
Price per sqft
$223
Property Type
House
Property Taxes
-
HOA Dues
$80
Year Built
-

Payment Calculator

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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 #11709508)

Price History

Date / Event Date Event Price
Jan 30, 2023 Sold
Premium
Sold
Jan 28, 2023 Listed by Premier Living Properties $554,900
Listed by Premier Living Properties

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,530
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: THE RESERVE OF ST CHARLES
  • Land Acres: 0000000471
  • Standard Land Use Code: 8000
  • County Land Use Code: 0030
  • State Land Use Code: 0030
  • Legal Description 1: THE RESERVE OF ST CHARLES LT 109

Neighborhood

  • School District Name: Community Unit School District 300
  • Census Tract: 852103

Geography

  • Parcel: 09-09-453-019
  • Lot: 109
  • Municipality: SAINT CHARLES
  • Latitude: 41.9582
  • Longitude: -88.3282

    Address

  • Full Address: 980 Reserve Dr
  • Address - House Number: 980
  • Address - Street Name: Reserve
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Saint Charles
  • Carrier Code: R029
  • 4-Digit Zip Code: 5812
  • Zip Code: 60175

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $160,556
  • Tax Rate Code Area: SC112

    Market Valuation

  • Market Total Value: $59,679
  • Market Land Value: $59,679

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $19,885
  • Assessed Land Value: $19,885

    Sales

  • Current Sale Contract Date: Nov 15, 2022
  • Current Sale Recording Date: Nov 22, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 56073
  • Previous Sale Recording Date: Mar 29, 2022
  • Previous Sale Contract Date: Mar 18, 2022
  • Previous Sale Amount: $310,000
  • Previous Sale Document Type: 68
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 St. Charles

Stats & Trends

Median Asking:

$450,000

Sale Price/ft²

$243

Below Asking

0.01%

Average Days on Market

43

Average Home Size

2958 ft²

Average Home Age

47.2 years

Currently For Sale

62 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 1 Linden Court, South Elgin, IL, 60177

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,442 ft²
1 Linden Court, South Elgin, IL, 60177 Listing by Katrina Hish
Unit for rent at 466 Comstock Road, South Elgin, IL, 60177

$2,900 /mo

  • 3 Beds
  • 3 Baths
  • 1,577 ft²
466 Comstock Road, South Elgin, IL, 60177 Listing by Raymond Watson

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Tamara O'Connor, Premier Living Properties
Last Updated: 3 years ago
Data Source: MRED, MLS# 11709508
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 980 Reserve Drive built and last sold?
The property at 980 Reserve Drive was built in and last sold on Nov 15, 2022 for $725,000.
How much is this home worth?
The estimated value of the home located at 980 Reserve Drive is $564,103.
What are some comparable homes to 980 Reserve Drive?
There are currently no comparable homes to 980 Reserve Drive.
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