$168,000
●
Condo -
Off Market
1745 Robin Lane #C
Hoffman Estates, IL 60169
1 Bed
1 Bath
900 Ft²
$1,402
Est. Monthly
$294
HOA / Fees
9.20%
Cap Rate
About This Property
Come see this Gorgeous, fully upgraded unit. This second
floor, one Bedroom/one Bath condo is newly remodeled and has a
redesigned floor plan that provides an open Kitchen with counter
seating of 2 bar stools. EVERYTHING IS NEWER HERE:
Kitchen boasts 42" Espresso Shaker Cabinets with under
cabinet lighting, Stainless Steel Appliances, Granite Countertops,
and impressive tile backsplash. New luxury LVP floors
throughout. Bathroom has new ceramic tile shower and new
toilet. Also features updated vanity with modern light
fixture and mirrored cabinet with plenty of storage. Unit has
tons of closet storage and a huge bedroom. New hot water
heater. New lighting and window treatments. In-unit
laundry has newer Washer/Dryer. Pets allowed. Can be
rented after 2 years.
Unit Size
900 Ft²
Days on Market
-
Land Size
-
Price per sqft
$183
Property Type
Condo
Property Taxes
$297
HOA Dues
$294
Year Built
-
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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 #12165441)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 22, 2024 | Sold | ||
| Sold | |||
| Sep 26, 2024 | In contract | - | |
| In contract | |||
| Sep 20, 2024 | Listed by Baird & Warner | $164,999 | |
| Listed by Baird & Warner | |||
| Nov 30, 2021 | Sold | ||
| Sold | |||
| Oct 28, 2021 | Listed by Prello Realty, Inc. | $122,000 | |
| Listed by Prello Realty, Inc. | |||
| | |||
|
Come see this gorgeous, fully upgraded unit. This second floor, one bedroom/one bath condo is newly remodeled and has a redesigned floor plan that provides an open kitchen with counter seating. EVERYTHING IS NEW HERE: Kitchen boasts 42" espresso shaker cabinets with under cabinet lighting, all new appliances, sparkling granite countertops, and impressive tile backsplash. New LVP floors throughout. Bathroom has new ceramic tile shower and new toilet. Also features updated vanity with modern light fixture and mirrored cabinet with plenty of storage. Unit has tons of closet storage and a huge bedroom. New hot water heater. New lighting and window treatments. In-unit laundry has one year new W/D. Pets allowed. Can be rented after 2 years.
| |||
Property Highlights
Parking Available
Air Conditioning
Parking Details
Total Number of Parking: 2
Parking Features: Unassigned, Off Street, Visitor Parking, Additional Parking, Parking Lot
Interior Details
Bedrooms: 1
Bathrooms: 1
Full Bathrooms: 1
Interior Features: Wood Laminate Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Laundry Hook-Up in Unit, Walk-In Closet(s), Some Window Treatment, Dining Combo, Drapes/Blinds, Granite Counters
Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Gas Cooktop, Gas Oven
Rooms: 4
Basement: None
Basement Description: Slab
Exterior Details
Ownership: Condo
Exterior Building Type: Vinyl Siding, Brick
Age: 41-50 Years
Rehab Year: 2021
Rebuilt(Y/N): No
Parcel Number: 07083000191095
Property Type: Residential
Year Built: 1977
Roof: Asphalt
No Disability Access
Special Conditions: None
Exterior Features: In Ground Pool
Lot Features: Landscaped
Lot Size Dimensions: COMMON
Water Source: Lake Michigan
Financial Details
Tax Year: 2023
Tax Annual Amount: $3,568
Tax Exemptions: None
Utilities Details
Cooling: Central Air
Heating: Natural Gas
Sewer : Public Sewer
Location Details
Township: Schaumburg
Corporate Limits: Hoffman Estates
Directions: HIGGINS EAST OF BARRINGTON RD, TO VOLID, SOUTH TO ROBIN LANE, EAST TO PROPERTY
County or Parish: Cook
Elementary School District: 54
Elementary School: Neil Armstrong Elementary School
Middle Or Junior School District: 54
Middle Or Junior School: Eisenhower Junior High School
High School District: 211
High School: Hoffman Estates High School
Other Details
Association Fee Includes: Water, Parking, Insurance, Clubhouse, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Association Fee: $294
Association Fee Freq: Monthly
Holds Earnest Money: Yes
Possession: Closing
Some Photos Virtually Staged (Y/N): No
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/20/2024
|
1 Bed
|
1 Bath
|
900 ft²
|
$164,999
1 Bed
1 Bath
900 ft²
|
$168,000
+1.82%
10/22/2024
|
Ruqia Naqi
Baird & Warner
| |
|
10/28/2021
|
1 Bed
|
1 Bath
|
900 ft²
|
$122,000
1 Bed
1 Bath
900 ft²
|
$129,000
+5.74%
11/30/2021
|
Robert Picciariello
Prello Realty, Inc
|
Building Info
About Hoffman Estates
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Listed by: Ruqia Naqi, Baird & Warner
Last Updated: 3 years ago
Data Source: MRED, MLS# 12165441
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.
Last Updated: 3 years ago
Data Source: MRED, MLS# 12165441
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