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Hoffman Estates 60192
3576 Elsie Lane
$860,000
● House - Off Market

3576 Elsie Lane

Hoffman Estates, IL 60192
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,977 Ft²
$785,621
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

WELCOME TO BERGMAN POINTE! ALMOST 4,000 SQFT, 4 BED 3.1 BATH, VAULTED CEILINGS, HARDWOOD THROUGHOUT MAIN LEVEL, KITCHEN FEATURES 42" CABINETS, GRANITE C-TOPS, SS APPLIANCES, CUSTOM EXTENDED ISLAND, MAIN LEVEL DEN CAN BE OFFICE OR PLAYROOM, OVERSIZED BONUS ROOM, MAIN BEDROOM WITH CUSTOM CEILLING, WALKOUT BALCONY, MAIN LUXURY BATH, PREPARE TO ENTERTAIN ON THIS PREMIUM LOT WITH EXTERIOR PATIO FEATURING BUILT IN GAS GRILL, GAS FIREPLACE, PERGOLA, 3 CAR GARAGE AND SO MUCH MORE!
Unit Size
3,977 Ft²
Days on Market
-
Land Size
-
Price per sqft
$195
Property Type
House
Property Taxes
$1,584
HOA Dues
$36
Year Built
2017

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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 #11343757)

Price History

Date / Event Date Event Price
Apr 26, 2022 Sold
Premium
Sold
Mar 10, 2022 Listed by Keller Williams Success Realty $775,000
Listed by Keller Williams Success Realty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2017
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 34
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,899
  • Total Building Area: 3,977
  • Gross Building Area: 3,977
  • Building Area: 3,977
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 3,977
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BERGMAN POINTE SUBDIVISION
  • Land Acres: 0000000227
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-08

Neighborhood

  • School District Name: Barrington Community Unit School District 220
  • Census Tract: 804105

Geography

  • District: 29
  • Parcel: 02-29-307-013-0000
  • Municipality: PALATINE
  • Latitude: 42.0873
  • Longitude: -88.0937

    Address

  • Full Address: 3576 Elsie Ln
  • Address - House Number: 3576
  • Address - Street Name: Elsie
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Hoffman Estates
  • Carrier Code: C020
  • 4-Digit Zip Code: 2204
  • Zip Code: 60192

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,298,790
  • Tax Rate Code Area: 29082

    Appraisal Valuation

  • Standard Deviation: 0.2259
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 873,994
  • High Value: 1,071,465
  • Low Value: 676,524

    Market Valuation

  • Market Total Value: $810,000
  • Market Land Value: $39,600
  • Market Improvement Value: $770,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $81,000
  • Assessed Land Value: $3,960
  • Assessed Improvements Value: $77,040

    Sales

  • Current Sale Contract Date: Sep 23, 2016
  • Current Sale Recording Date: Oct 12, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1628604028

    Financing

  • First Mortgage Financing Type: FIX
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:

$410,000

Sale Price/ft²

$243

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1651 ft²

Average Home Age

43.7 years

Currently For Sale

74 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 2010 Carleton Road, Hoffman Estates, IL, 60169

$3,900 /mo

  • 4 Beds
  • 2 Baths
  • 1,644 ft²
2010 Carleton Road, Hoffman Estates, IL, 60169 Listing by Judi Rentas

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Robert Driver, Keller Williams Success Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11343757
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 3576 Elsie Lane built and last sold?
The property at 3576 Elsie Lane was built in 2017 and last sold on Sep 23, 2016 for $719,000.
How much is this home worth?
The estimated value of the home located at 3576 Elsie Lane is $0.
What are some comparable homes to 3576 Elsie Lane?
There are currently no comparable homes to 3576 Elsie Lane.
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