499 Randolph Ct PROPERTY INFO
FACTS
- Built In 1971
- Price/Sqft : $121.90
CONSTRUCTION
- Beds : 4
- Floor Size : 4,256 sqft
- Baths : 3 Full 2 Half
PROPERTY DESCRIPTION
499 Randolph Ct, North Barrington, IL 60010 is a single family home of 4,256 sqft. HomeUnion estimate for 499 Randolph Ct includes a Price Estimate of $518,803 and a Rent Estimate of $4,102. This single family home has 4 bedrooms, 5 bathrooms, and was built in 1971. This property has an estimated 15 year annualized Yield of 9.49% and Total Return of 18.55%. The estimated 1 year forecast in home value for 499 Randolph Ct is 1.71%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
499 Randolph Ct SCHOOLS
Financial Details
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Oaksbury
Neighborhood : Oaksbury
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 100% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $4,102 per month.
MY RENT : $4,102 MEDIAN RENT : $3,512
Household Rent Affordability
According to U.S. Department of Housing and Urban Development, families that use more than 30% of their income to pay for housing are considered cost burdened. A target rent of $4,102 would therefore be considered affordable for annual household incomes greater than $164,080 (12 months x 3.333 x $4,102).
HOUSEHOLD INCOME RANGE
Approximately 8 of households in this neighborhood have a total annual income of $164,080 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $4,102 per month.
MINIMUM INCOME RANGE : $164,080
COMMUTE TIME DISTRIBUTION
56% of the working population has a commute time of 15 to 44 minutes, 12% has a commute time of 14 minutes or less and 32% has a commute time of 45 minutes or longer.
Oaksbury Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 8.9% |
Financial Industries | 11.1% |
Health Care & Social Assistance | 13.3% |
Manufacturing | 11.1% |
Professional & Scientific Tech Services | 15.6% |
Retail & Wholesale Trader | 8.9% |
Other | 31.1% |
AGE DISTRIBUTION
53% of the population is between the ages of 25 and 64, 32% is 24 or younger and 15% is 65 or older.
Age | % Distribution |
---|---|
<15 | 18.5% |
15-19 | 9.8% |
20-24 | 3.3% |
25-44 | 17.4% |
45-65 | 35.9% |
66+ | 15.2% |
OCCUPATION
Occupation | % Distribution |
---|---|
Construction | 6.7% |
Healthcare | 13.3% |
Legal | 6.7% |
Management, Business, & Financial | 53.3% |
Sales & Office | 6.7% |
Social | 3.3% |
Other | 10.0% |
HIGHEST EDUCATION LEVEL
44% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 4.8% |
High School | 4.8% |
Masters Degree | 28.6% |
Professional | 7.9% |
Some College | 9.5% |
Other | 44.4% |
499 Randolph Ct Comps
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