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Hobart 46342
292 QUAIL Drive
$164,900
● House - Off Market

292 QUAIL Drive

HOBART, IN 46342
bedrooms
4 Beds
bathrooms
3 Baths
$299,778
RealtyHop Estimate
87.48%
Since Jul 1, 2008
National-US
Primary Model

About This Property

FOUR BDRM TRI-LEVEL IN TERRIFIC SUBDIVISION! PROOF OF FUNDS (IF CASH) OR LETTER FROM BANK/MTG COMPANY REFLECTING MTG COMMITMENT A MUST-NO EXCEPTIONS. ADDENDUM REQUIRED. CAN BE ACCESSED VIA CONNECTMLS. EARNEST MONEY-CERTIFIED FUNDS.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$482
HOA Dues
-
Year Built
1999

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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.

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 576
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,000
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 800
  • Total Building Area: 2,784
  • Gross Building Area: 2,784
  • Building Area: 2,208
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,208
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIDDEN LAKE UNIT NO 2
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 510
  • Legal Description 1: HIDDEN LAKE UNIT NO 2 LOT 51

Neighborhood

  • School District Name: Hobart School City
  • Census Tract: 042100

Zoning

  • Zoning: R33

Geography

  • District: 0006
  • Parcel: 45-09-29-153-027.000-018
  • Lot: 51
  • Municipality: HOBART TOWNSHIP
  • Latitude: 41.5459
  • Longitude: -87.2566

    Address

  • Full Address: 292 Quail Dr
  • Address - House Number: 292
  • Address - Street Name: Quail
  • Address - Suffix Type: Dr
  • State: IN
  • City Name: Hobart
  • Carrier Code: R005
  • 4-Digit Zip Code: 2360
  • Zip Code: 46342

Valuation

    Tax

  • Total Area: 2,304
  • Tax Year: 2022
  • Tax Amount: $280,974
  • Tax Rate Code Area: 6

    Appraisal Valuation

  • Standard Deviation: 0.2443
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 65
  • Final Value: 308,950
  • High Value: 384,446
  • Low Value: 233,453

    Market Valuation

  • Market Total Value: $275,400
  • Market Land Value: $40,500
  • Market Improvement Value: $234,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $275,400
  • Assessed Land Value: $40,500
  • Assessed Improvements Value: $234,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 30, 2015
  • Current Sale Recording Date: Jul 10, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2015 042735
  • Previous Sale Recording Date: Jul 01, 2008
  • Previous Sale Contract Date: Jun 18, 2008
  • Previous Sale Document Type: 68
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 Hobart

Stats & Trends

Median Asking:

$159,450

Sale Price/ft²

$145

Above Asking

0.00%

Average Days on Market

52

Average Home Size

2084 ft²

Average Home Age

28 years

Currently For Sale

1 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

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MRED

Listed by: Bob O'Hara, RE/MAX Southeast
Data Source: MRED, MLS# MRD06849923
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 292 Quail Drive built and last sold?
The property at 292 Quail Drive was built in 1999 and last sold on Jun 30, 2015 for $183,100.
How much is this home worth?
The estimated value of the home located at 292 Quail Drive is $161,499.
What are some comparable homes to 292 Quail Drive?
There are currently no comparable homes to 292 Quail Drive.
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