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Hoffman Estates 60169
325 NAVAJO Lane
$310,000
● House - Off Market

325 NAVAJO Lane

Hoffman Estates, IL 60169
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,272 Ft²
$320,409
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Light and Bright, sprawling ranch home. All the work has been done: New roof, windows, and HVAC. Hardwood and Wood Laminate floors throughout. Popular open concept ~ vaulted living room with a very cool wood burning stove and 2 large windows and sky lights that allow a tremendous amount of natural light. Large and open eat-in kitchen with access to the patio and newer stainless steel appliances.  Tremendous master suite with 2 closets and private bath. 2 additional bedroom and hall bath. Plenty of room to roam in the vast back yard. The oversized 2 car garage boasts a loft space ideal for storage. Convenient to schools, shopping/dining, interstate, and Schaumburg Golf Club. Nothing to do but move-in!
Unit Size
1,272 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$244
Property Type
House
Property Taxes
$496
HOA Dues
-
Year Built
1958

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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 #11438358)

Price History

Date / Event Date Event Price
Aug 12, 2022 Sold
Premium
Sold
Jun 17, 2022 Listed by RE/MAX Suburban $309,900
Listed by RE/MAX Suburban

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 6
  • 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: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,075
  • Total Building Area: 1,272
  • Gross Building Area: 1,272
  • Building Area: 1,272
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,272
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HOFFMAN ESTATES V
  • Land Acres: 0000000231
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (HOFFMAN) ESTATES (V) SUB BLK 66 LOT 4

Neighborhood

  • School District Name: Schaumburg Community Consolidated School District 54
  • Census Tract: 804709

Geography

  • District: 35
  • Parcel: 07-22-109-006-0000
  • Block: 66
  • Lot: 4
  • Meridian: SEC 22 TWN 41N RNG 10E
  • Municipality: SCHAUMBURG
  • Latitude: 42.0323
  • Longitude: -88.088

    Address

  • Full Address: 325 Navajo Ln
  • Address - House Number: 325
  • Address - Street Name: Navajo
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Hoffman Estates
  • Carrier Code: C045
  • 4-Digit Zip Code: 3425
  • Zip Code: 60169

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $640,899
  • Tax Rate Code Area: 35013

    Appraisal Valuation

  • Standard Deviation: 0.1988
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 73
  • Final Value: 326,892
  • High Value: 391,879
  • Low Value: 261,905

    Market Valuation

  • Market Total Value: $250,000
  • Market Land Value: $60,450
  • Market Improvement Value: $189,550

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $25,000
  • Assessed Land Value: $6,045
  • Assessed Improvements Value: $18,955

    Sales

  • Current Sale Contract Date: Aug 11, 2022
  • Current Sale Recording Date: Aug 18, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1093
  • Previous Sale Recording Date: Aug 16, 2011
  • Previous Sale Contract Date: Jun 02, 2011
  • Previous Sale Amount: $150,000
  • Previous Sale Document Type: 20
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:

$415,000

Sale Price/ft²

$243

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1593 ft²

Average Home Age

43.7 years

Currently For Sale

76 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 852 Dighton Lane N, Schaumburg, IL, 60173

$2,990 /mo

  • 2 Beds
  • 2 Baths
  • 1,488 ft²
852 Dighton Lane N, Schaumburg, IL, 60173 Listing by Mafatlal Patel

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Sarah Leonard, RE/MAX Suburban
Last Updated: 3 years ago
Data Source: MRED, MLS# 11438358
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 325 Navajo Lane built and last sold?
The property at 325 Navajo Lane was built in 1958 and last sold on Aug 11, 2022 for $310,000.
How much is this home worth?
The estimated value of the home located at 325 Navajo Lane is $0.
What are some comparable homes to 325 Navajo Lane?
There are currently no comparable homes to 325 Navajo Lane.
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