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Hoffman Estates 60169
165 Flagstaff Lane
$315,000
● House - Off Market

165 Flagstaff Lane

Hoffman Estates, IL 60169
bedrooms
5 Beds
bathrooms
2 Baths
square feet
1,403 Ft²
$309,054
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

THIS SPACIOUS RANCH HOME WITH 5 BEDROOMS. BEDROOM 4 & 5 ARE TANDEM. 2 FULL BATHS, NEW KITCHEN CABINETS & NEW KITCHEN APPLIANCES WERE INSTALLED A MONTH AGO WITH NEW LAMINATE FLOORING, NEWER AC WAS INSTALLED WITHIN THE LAST 2 YEARS, FURNACE IS ABOUT 10 YEARS OLD, ROOF APPROXIMATELY 10 YEARS OLD. FAMILY ROOM WITH A WOOD BURNING FIREPLACE, SCREENED IN PORCH, MASTER BEDROOM HAS ITS OWN FULL BATH. THE HOME NEEDS SOME TLC AND IS SOLD AS-IS. THERE IS NO BASEMENT OR GARAGE. THERE IS PLENTY OF ROOM IN THE BACK TO BUILD A GARAGE WITH A NEW DRIVEWAY. CLOSE TO SCHOOLS, PARKS AND SHOPPING.
Unit Size
1,403 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$221
Property Type
House
Property Taxes
$501
HOA Dues
-
Year Built
1957

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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 #11809673)

Price History

Date / Event Date Event Price
Jul 19, 2023 Sold
Premium
Sold
Jun 15, 2023 Listed by Baird & Warner $309,900
Listed by Baird & Warner

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • 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: 24
  • 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: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,625
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 850
  • Total Building Area: 1,403
  • Gross Building Area: 1,403
  • Building Area: 1,403
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,403
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HOFFMAN ESTATES III
  • Land Acres: 0000000244
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (HOFFMAN) ESTATES (III) SUB OF PT OF SEC 15-41-10

Neighborhood

  • School District Name: Schaumburg Community Consolidated School District 54
  • Census Tract: 804709

Geography

  • District: 35
  • Parcel: 07-15-309-003-0000
  • Block: 48
  • Lot: 10
  • Meridian: SEC 15 TWN 41N RNG 10E
  • Municipality: SCHAUMBURG
  • Latitude: 42.041
  • Longitude: -88.0829

    Address

  • Full Address: 165 Flagstaff Ln
  • Address - House Number: 165
  • Address - Street Name: Flagstaff
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Hoffman Estates
  • Carrier Code: C045
  • 4-Digit Zip Code: 3221
  • Zip Code: 60169

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $670,591
  • Tax Rate Code Area: 35013

    Appraisal Valuation

  • Standard Deviation: 0.2276
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 322,936
  • High Value: 396,461
  • Low Value: 249,412

    Market Valuation

  • Market Total Value: $260,000
  • Market Land Value: $63,750
  • Market Improvement Value: $196,250

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $26,000
  • Assessed Land Value: $6,375
  • Assessed Improvements Value: $19,625

    Sales

  • Current Sale Contract Date: Jul 16, 2023
  • Current Sale Recording Date: Aug 24, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 29169
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:

$412,450

Sale Price/ft²

$243

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1649 ft²

Average Home Age

44.6 years

Currently For Sale

75 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 2010 Carleton Road, Hoffman Estates, IL, 60169

$3,900 /mo

  • 4 Beds
  • 2 Baths
  • 1,644 ft²
2010 Carleton Road, Hoffman Estates, IL, 60169 Listing by Judi Rentas
Unit for rent at 411 Sequoia Court, Schaumburg, IL, 60193

$3,650 /mo

  • 3 Beds
  • 2 Baths
  • 1,548 ft²
411 Sequoia Court, Schaumburg, IL, 60193 Listing by Chirag Patel

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Grace Pawlikowski, Baird & Warner
Last Updated: 3 years ago
Data Source: MRED, MLS# 11809673
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 165 Flagstaff Lane built and last sold?
The property at 165 Flagstaff Lane was built in 1957 and last sold on Jul 16, 2023 for $315,000.
How much is this home worth?
The estimated value of the home located at 165 Flagstaff Lane is $0.
What are some comparable homes to 165 Flagstaff Lane?
There are currently no comparable homes to 165 Flagstaff Lane.
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