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Hoffman Estates 60169
1580 Caldwell Lane
$295,000
● House - Off Market

1580 Caldwell Lane

HOFFMAN ESTATES, IL 60169
bedrooms
4 Beds
bathrooms
2 Baths
$484,579
RealtyHop Estimate
61.58%
Since Jun 1, 2017
National-US
Primary Model

About This Property

Beautiful home!  Meticulously maintained! Gorgeous open kitchen with Corian counters, tile backsplash, stainless steel appliances, large island with Granite top, peninsula with extra cabinets, pantry cabinet, recessed lighting and pendant lights.  Beautiful hardwood floors throughout the living room, kitchen and hall.  Generous sized tranquil master bedroom. Spacious family room with fireplace, brick accent wall and sliders to the professionally landscaped yard.  Very private yard with tons of flowing trees, large above ground pool and deck.  Great for summer fun! Close to shopping, restaurants and expressways!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$525
HOA Dues
-
Year Built
1970

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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 #09580587)

Price History

Date / Event Date Event Price
May 26, 2017 Sold
Premium
Sold
Mar 31, 2017 Listed by Keller Williams Success Realty $299,900
Listed by Keller Williams Success Realty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • 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: 41
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,100
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,176
  • Gross Building Area: 1,176
  • Building Area: 1,176
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,176
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIGHLANDS WEST AT HOFFMAN ESTATES XXVIII
  • Land Acres: 0000000209
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34
  • Legal Description 1: (HIGHLANDS) (WEST) AT (HOFFMAN) ESTATES (XXVIII) SUB OF PT SH SEC8 & PT NE SEC17 SH SEC 08-41-10

Neighborhood

  • School District Name: Schaumburg Community Consolidated School District 54
  • Census Tract: 804705

Geography

  • District: 35
  • Parcel: 07-08-417-018-0000
  • Block: 231
  • Lot: 18
  • Meridian: SEC 08 TWN 41N RNG 10E
  • Municipality: SCHAUMBURG
  • Latitude: 42.0529
  • Longitude: -88.1186

    Address

  • Full Address: 1580 Caldwell Ln
  • Address - House Number: 1580
  • Address - Street Name: Caldwell
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Hoffman Estates
  • Carrier Code: C021
  • 4-Digit Zip Code: 1203
  • Zip Code: 60169

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $819,090
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 35013

    Appraisal Valuation

  • Standard Deviation: 0.2252
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 379,057
  • High Value: 464,453
  • Low Value: 293,661

    Market Valuation

  • Market Total Value: $310,000
  • Market Land Value: $68,250
  • Market Improvement Value: $241,750

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $31,000
  • Assessed Land Value: $6,825
  • Assessed Improvements Value: $24,175

    Sales

  • Current Sale Contract Date: May 24, 2017
  • Current Sale Recording Date: Jun 06, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1715708217
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 Hoffman Estates

Stats & Trends

Median Asking:

$409,950

Sale Price/ft²

$242

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1546 ft²

Average Home Age

46 years

Currently For Sale

72 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 601 Willington Drive, Schaumburg, IL, 60194

$3,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,932 ft²
601 Willington Drive, Schaumburg, IL, 60194 Listing by Sohail Salahuddin

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: , Keller Williams Success Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 09580587
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 1580 Caldwell Lane built and last sold?
The property at 1580 Caldwell Lane was built in 1970 and last sold on May 24, 2017 for $295,000.
How much is this home worth?
The estimated value of the home located at 1580 Caldwell Lane is $0.
What are some comparable homes to 1580 Caldwell Lane?
There are currently no comparable homes to 1580 Caldwell Lane.
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