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Rolling Meadows 60008
2406 Maple Lane
$285,000
● House - Off Market

2406 Maple Lane

Rolling Meadows, IL 60008
bedrooms
4 Beds
bathrooms
2 Baths
$313,986
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

FINACING FELL THROUGH AT THE FINAL HOUR! HERE'S YOUR SECOND CHANCE! Come check out this 4 bed 2 bath recent rehab before it's too late!
Unit Size
-
Days on Market
-
Land Size
0.20 acres
Price per sqft
-
Property Type
House
Property Taxes
$461
HOA Dues
-
Year Built
1965

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #11218585)

Price History

Date / Event Date Event Price
Dec 15, 2021 Sold
Premium
Sold
Sep 14, 2021 Listed by Access Real Estate Inc $285,000
Listed by Access Real Estate Inc

Property Highlights

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 3
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,840
  • Lot Size Depth Feet: 680
  • Lot Size Frontage Feet: 1,300
  • Total Building Area: 1,103
  • Gross Building Area: 1,103
  • Building Area: 1,103
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,103
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WAVERLY PARK UNIT4
  • Land Acres: 0000000203
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (WAVERLY)(PARK)(UNIT4) SUB OF PT OF SEC 8 INCLUDING L T A IN WAVERLY PARK UNIT 2 SUB OF PT OF SEC 5 & NH OF SEC 8 NH SEC 08-4

Neighborhood

  • School District Name: Township High School District 214
  • Census Tract: 805105

Geography

  • District: 16
  • Parcel: 08-08-125-025-0000
  • Lot: 87
  • Meridian: SEC 08 TWN 41N RNG 11E
  • Municipality: ELK GROVE
  • Latitude: 42.0651
  • Longitude: -88.0112

    Address

  • Full Address: 2406 Maple Ln
  • Legal Unit: 4
  • Address - House Number: 2406
  • Address - Street Name: Maple
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Rolling Meadows
  • Carrier Code: C012
  • 4-Digit Zip Code: 3434
  • Zip Code: 60008

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $688,986
  • Tax Rate Code Area: 16053

    Appraisal Valuation

  • Standard Deviation: 0.2282
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 325,062
  • High Value: 399,263
  • Low Value: 250,861

    Market Valuation

  • Market Total Value: $270,000
  • Market Land Value: $70,720
  • Market Improvement Value: $199,280

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $27,000
  • Assessed Land Value: $7,072
  • Assessed Improvements Value: $19,928

    Sales

  • Current Sale Contract Date: Dec 15, 2021
  • Current Sale Recording Date: Jan 03, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2200307231
  • Previous Sale Recording Date: Mar 25, 2010
  • Previous Sale Contract Date: Dec 29, 2009
  • Previous Sale Amount: $141,000
  • Previous Sale Document Type: 71
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 Rolling Meadows

Stats & Trends

Median Asking:

$350,000

Sale Price/ft²

$233

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1474 ft²

Average Home Age

56.6 years

Currently For Sale

45 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 1 S Highland Avenue, Arlington Heights, IL, 60005

$3,600 /mo

  • 2 Beds
  • 2 Baths
  • 1,224 ft²
1 S Highland Avenue #306, Arlington Heights, IL, 60005 Listing by Tadeusz Dolecki

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Christopher Goff, Access Real Estate Inc
Last Updated: 3 years ago
Data Source: MRED, MLS# 11218585
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 2406 Maple Lane built and last sold?
The property at 2406 Maple Lane was built in 1965 and last sold on Dec 15, 2021 for $285,000.
How much is this home worth?
The estimated value of the home located at 2406 Maple Lane is $0.
What are some comparable homes to 2406 Maple Lane?
There are currently no comparable homes to 2406 Maple Lane.
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