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Hoffman Estates 60192
1901 ROSELAND Lane
$465,000
● House - Off Market

1901 ROSELAND Lane

Hoffman Estates, IL 60192
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,170 Ft²
$488,714
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

NEWER CONSTRUCTION HOME BUILT IN 2019! WELCOME TO THIS BEAUTIFUL MOVE-IN-READY RANCH LOCATED IN THE MUCH SOUGHT-AFTER AMBER MEADOWS SUBDIVISION! THE "RIDGEFIELD" OFFERS A RARELY AVAILABLE RANCH PLAN WITH AN OPEN LAYOUT, A MODERNLY DESIGNED, EXPANSIVE KITCHEN WITH AN ISLAND AND DINING AREA, AND A CENTRAL FAMILY ROOM PERFECT FOR ENTERTAINING. SPLIT BEDROOMS PROVIDE A PRIVATE OWNER'S SUITE WITH BATH AND A LARGE WALK-IN CLOSET. SECONDARY BEDROOMS OFFER WALK-IN CLOSETS AND A SHARED ACCESS BATHROOM. THE UNFINISHED BASEMENT IS WAITING FOR THE NEW OWNER'S TOUCHES. THIS PROPERTY ALSO FEATURES A THREE-CAR GARAGE. HOME IS CLOSE TO SHOPPING/ENTERTAINMENT, THREE MILES FROM METRA STATION, AND RIGHT OFF OF I-90. IF YOU'RE LOOKING FOR AN OPEN ONE-LEVEL FLOOR PLAN, THIS IS IT!
Unit Size
2,170 Ft²
Days on Market
-
Land Size
-
Price per sqft
$217
Property Type
House
Property Taxes
$929
HOA Dues
-
Year Built
2019

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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 #11475477)

Price History

Date / Event Date Event Price
Sep 21, 2022 Sold
Premium
Sold
Jul 30, 2022 Listed by @properties Christie's International Real Estate $469,900
Listed by @properties Christie's International Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,279
  • Total Building Area: 2,170
  • Gross Building Area: 2,170
  • Building Area: 2,170
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,170
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: AMBER MEADOWS
  • Land Acres: 0000000190
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-04

Neighborhood

  • School District Name: Barrington Community Unit School District 220
  • Census Tract: 804313

Geography

  • District: 18
  • Parcel: 06-05-409-011-0000
  • Municipality: HANOVER
  • Latitude: 42.0609
  • Longitude: -88.2274

    Address

  • Full Address: 1901 Roseland Ln
  • Address - House Number: 1901
  • Address - Street Name: Roseland
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Hoffman Estates
  • Carrier Code: R008
  • 4-Digit Zip Code: 8025
  • Zip Code: 60192

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,074,901
  • Tax Rate Code Area: 18039

    Appraisal Valuation

  • Standard Deviation: 0.1913
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 74
  • Final Value: 502,942
  • High Value: 599,189
  • Low Value: 406,695

    Market Valuation

  • Market Total Value: $420,000
  • Market Land Value: $70,000
  • Market Improvement Value: $350,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $42,000
  • Assessed Land Value: $7,000
  • Assessed Improvements Value: $35,000

    Sales

  • Current Sale Contract Date: Sep 08, 2022
  • Current Sale Recording Date: Oct 03, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 12100
  • Previous Sale Recording Date: Dec 16, 2019
  • Previous Sale Contract Date: Nov 19, 2019
  • Previous Sale Amount: $380,000
  • Previous Sale Document Type: 68

    Financing

  • First Mortgage Financing Type: ADJ
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:

$410,000

Sale Price/ft²

$243

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1651 ft²

Average Home Age

43.7 years

Currently For Sale

74 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 6085 Delaney Drive, Hoffman Estates, IL, 60192

$2,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,740 ft²
6085 Delaney Drive, Hoffman Estates, IL, 60192 Listing by Ben Kastein
Unit for rent at 1880 Maureen Drive, Hoffman Estates, IL, 60192

$2,850 /mo

  • 3 Beds
  • 2 Baths
  • 1,933 ft²
1880 Maureen Drive #1880, Hoffman Estates, IL, 60192 Listing by Marlo Messner

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Stella Talaga, @properties Christie's International Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11475477
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 1901 Roseland Lane built and last sold?
The property at 1901 Roseland Lane was built in 2019 and last sold on Sep 8, 2022 for $465,000.
How much is this home worth?
The estimated value of the home located at 1901 Roseland Lane is $0.
What are some comparable homes to 1901 Roseland Lane?
There are currently no comparable homes to 1901 Roseland Lane.
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