$222,000
●
House -
Off Market
2850 Northampton Drive #B1
Rolling Meadows, IL 60008
2 Beds
2 Baths
1,200 Ft²
$1,778
Est. Monthly
$316
HOA / Fees
7.96%
Cap Rate
About This Property
Great space in this 2bed/2bath main level unit with patio.
Recent improvements include new furnace, A/C and water heater
in 2020. New SS fridge, stove & microwave. Renovated hallway
bath with ceramic tile surround. New full size washer/dryer.
Recessed lighting in living room & dining room. Primary bath
is ready for your finishing touches. Tile and vanity for this
bathroom are already purchased and being left in the unit.
Buyer to do due diligence with HOA.
Unit Size
1,200 Ft²
Days on Market
-
Land Size
-
Price per sqft
$192
Property Type
House
Property Taxes
$332
HOA Dues
$316
Year Built
-
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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 #12067672)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 12, 2024 | Sold | ||
| Sold | |||
| May 28, 2024 | Listed by Keller Williams Thrive | $229,900 | |
| Listed by Keller Williams Thrive | |||
Property Highlights
Garage
Air Conditioning
Parking Details
Total Number of Parking: 1
Garage Spaces: 1
Garage Ownership: Owned
Garage On-Site: Yes
Garage Type: Attached
Interior Details
Bedrooms: 2
Bathrooms: 2
Full Bathrooms: 2
Rooms: 5
Basement: None
Basement Description: None
Exterior Details
Ownership: Condo
Exterior Building Type: Brick, Frame
Age: 41-50 Years
Rebuilt(Y/N): No
Parcel Number: 08081220341146
Property Type: Residential
Year Built: 1983
No Disability Access
Special Conditions: None
Lot Size Dimensions: COMMON
Water Source: Lake Michigan
Financial Details
Tax Year: 2022
Tax Annual Amount: $3,989
Tax Exemptions: Homeowner
Utilities Details
Cooling: Central Air
Heating: Natural Gas, Forced Air
Sewer : Public Sewer
Location Details
Township: Elk Grove
Corporate Limits: Rolling Meadows
Directions: ALGONQUIN E OF 53 TO KIMBAL HILL N TO NORTHAMPTON
County or Parish: Cook
Elementary School District: 15
Elementary School: Willow Bend Elementary School
Middle Or Junior School District: 15
Middle Or Junior School: Carl Sandburg Junior High School
High School District: 214
High School: Rolling Meadows High School
Other Details
Association Fee Includes: Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Association Fee: $316
Association Fee Freq: Monthly
Holds Earnest Money: Yes
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 |
|---|---|---|---|---|---|---|---|
|
05/28/2024
|
2 Bed
|
2 Bath
|
1200 ft²
|
$229,900
2 Bed
2 Bath
1200 ft²
|
$222,000
-3.44%
07/12/2024
|
Violet Ostrowski
Keller Williams Thrive
| |
|
11/18/2020
|
2 Bed
|
2 Bath
|
1200 ft²
|
$179,900
2 Bed
2 Bath
1200 ft²
|
-
-
|
-
|
Building Info
About Rolling Meadows
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Listed by: Violet Ostrowski, Keller Williams Thrive
Last Updated: 3 years ago
Data Source: MRED, MLS# 12067672
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# 12067672
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