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Schaumburg 60193
1301 Radcliffe Lane
$375,000
● House - Off Market

1301 Radcliffe Lane

Schaumburg, IL 60193
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,210 Ft²
$2,235
Est. Monthly
7.47%
Cap Rate

About This Property

Move in ready ranch. Ceramic entrance & spacious living room w/bay window greets you. White trim & white 4 panel doors. Updated eat in kitchen boasts ceramic floor, 42" cabinets, under cabinet lighting, Corian counters, pantry closet w/pull outs, stainless steel appliances & kitchen armoire! 4 season room has heat & A/C, track lighting, ceiling fan & access to brick paver patio & huge fenced yard! Roof replaced in 2019.  Furnace & A/C 2018. Get ready to be WOWED!
Unit Size
1,210 Ft²
Days on Market
-
Land Size
-
Price per sqft
$289
Property Type
House
Property Taxes
$517
HOA Dues
-
Year Built
1967

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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: 3 years ago (MRED MLS #12019780)

Price History

Date / Event Date Event Price
May 9, 2024 Sold
Premium
Sold
Apr 4, 2024 Listed by RE/MAX Suburban $349,900
Listed by RE/MAX Suburban

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 3
  • 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: 7
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,330
  • Total Building Area: 1,210
  • Gross Building Area: 1,210
  • Building Area: 1,210
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,210
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WEATHERSFIELDS #6 SEC 1
  • Land Acres: 0000000329
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03

Neighborhood

  • School District Name: Schaumburg Community Consolidated School District 54
  • Census Tract: 804807

Geography

  • District: 35
  • Parcel: 07-29-405-002-0000
  • Lot: 6096
  • Meridian: SEC 29 TWN 41N RNG 10E
  • Municipality: SCHAUMBURG
  • Latitude: 42.0109
  • Longitude: -88.1122

    Address

  • Full Address: 1301 Radcliffe Ln
  • Address - House Number: 1301
  • Address - Street Name: Radcliffe
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Schaumburg
  • Carrier Code: C052
  • 4-Digit Zip Code: 3347
  • Zip Code: 60193

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $667,688
  • Tax Rate Code Area: 35011

    Appraisal Valuation

  • Standard Deviation: 0.2245
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 69
  • Final Value: 355,764
  • High Value: 435,650
  • Low Value: 275,877

    Market Valuation

  • Market Total Value: $280,000
  • Market Land Value: $100,310
  • Market Improvement Value: $179,690

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $28,000
  • Assessed Land Value: $10,031
  • Assessed Improvements Value: $17,969

    Sales

  • Current Sale Contract Date: Jun 07, 2018
  • Current Sale Recording Date: Jun 14, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 1816549219

    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 Schaumburg

Stats & Trends

Median Asking:

$361,250

Sale Price/ft²

$250

Below Asking

0.01%

Average Days on Market

40

Average Home Size

1641 ft²

Average Home Age

40 years

Currently For Sale

125 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 E Irving Park Road, Roselle, IL, 60172

$2,550 /mo

  • 2 Beds
  • 2 Baths
  • 1,230 ft²
800 E Irving Park Road #2E, Roselle, IL, 60172 Listing by Lauren Evett
Unit for rent at 503 Case Court, Schaumburg, IL, 60193

$2,675 /mo

  • 3 Beds
  • 1 Bath
  • 1,400 ft²
503 Case Court, Schaumburg, IL, 60193 Listing by Gary Christensen

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Mary Kubalewski, RE/MAX Suburban
Last Updated: 3 years ago
Data Source: MRED, MLS# 12019780
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 1301 Radcliffe Lane built and last sold?
The property at 1301 Radcliffe Lane was built in 1967 and last sold on Jun 7, 2018 for $255,000.
How much is this home worth?
The estimated value of the home located at 1301 Radcliffe Lane is $0.
What are some comparable homes to 1301 Radcliffe Lane?
There are currently no comparable homes to 1301 Radcliffe Lane.
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