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Bloomingdale 60108
264 Arbor Lane
$372,500
● House - Off Market

264 Arbor Lane

Bloomingdale, IL 60108
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,938 Ft²
$381,938
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

Extremely well maintained, bright and spacious 4 bedroom, 2 bathroom sprawling ranch on a great street and excellent location in the Westlake Subdivision! All appliances, mechanicals, roof, driveway and garage door new in the last ten years. Current owner took care of all the high ticket items so new owners just need to take care of the aesthetics. Fantastic floor plan with just under 2000 sq ft. Large kitchen with eating area, Separate dining room, large living room and family room with fireplace. All bedrooms are nice size. Great backyard with newer patio and open gazebo...So much to love! Selling "As Is".
Unit Size
1,938 Ft²
Days on Market
-
Land Size
-
Price per sqft
$196
Property Type
House
Property Taxes
$757
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 #11764778)

Price History

Date / Event Date Event Price
May 26, 2023 Sold
Premium
Sold
Apr 30, 2023 Listed by Century 21 Circle $379,000
Listed by Century 21 Circle

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 18
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 1,938
  • Gross Building Area: 1,938
  • Building Area: 1,938
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 5
  • Heating: 0
  • Heated Square Feet: 1,938
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WESTLAKE
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: WESTLAKE UNIT NO 2

Neighborhood

  • School District Name: Marquardt School District 15
  • School Tax School District: BLOOMINGDALE
  • Census Tract: 840907

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 2969-D3
  • Parcel: 02-23-207-012
  • Block: 7
  • Lot: 10
  • Municipality: BLOOMINGDALE
  • Latitude: 41.9415
  • Longitude: -88.0555

    Address

  • Full Address: 264 Arbor Ln
  • Legal Unit: 2
  • Address - House Number: 264
  • Address - Street Name: Arbor
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Bloomingdale
  • Carrier Code: C017
  • 4-Digit Zip Code: 1802
  • Zip Code: 60108

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $929,894
  • Tax Rate Code Area: 2072

    Appraisal Valuation

  • Standard Deviation: 0.1694
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 400,077
  • High Value: 467,856
  • Low Value: 332,298

    Market Valuation

  • Market Total Value: $320,640
  • Market Land Value: $94,860
  • Market Improvement Value: $225,780

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $106,880
  • Assessed Land Value: $31,620
  • Assessed Improvements Value: $75,260

    Sales

  • Current Sale Contract Date: May 17, 2023
  • Current Sale Recording Date: May 31, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 33432
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 Bloomingdale

Stats & Trends

Median Asking:

$424,900

Sale Price/ft²

$231

Below Asking

0.01%

Average Days on Market

39

Average Home Size

2290 ft²

Average Home Age

42.2 years

Currently For Sale

43 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 2225 Waters Edge Drive, Schaumburg, IL, 60173

$3,750 /mo

  • 3 Beds
  • 2 Baths
  • 1,827 ft²
2225 Waters Edge Drive, Schaumburg, IL, 60173 Listing by Marla Kubik

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Chris Jacobs, Century 21 Circle
Last Updated: 3 years ago
Data Source: MRED, MLS# 11764778
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 264 Arbor Lane built and last sold?
The property at 264 Arbor Lane was built in 1970 and last sold on May 17, 2023 for $372,500.
How much is this home worth?
The estimated value of the home located at 264 Arbor Lane is $384,472.
What are some comparable homes to 264 Arbor Lane?
There are currently no comparable homes to 264 Arbor Lane.
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