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Rolling Meadows 60008
3714 Oriole Lane
$389,500
● House - Off Market

3714 Oriole Lane

Rolling Meadows, IL 60008
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,463 Ft²
$2,565
Est. Monthly
9.64%
Cap Rate

About This Property

Spacious 4 bedroom, 2 full bath raised ranch house. Well-maintained home with many improvements. Kitchen features eat-in area, custom tile backslash, two pantries & new stainless steel appliances & ceiling fan. New paint & hardwood floors throughout. Three bedrooms upstairs with convenient laundry chute. The lower-level includes a large family room, full bath, bedroom/office & laundry room with new washer, utility sink as well as spacious storage room. Spacious yard with new 2-story deck & patio pavers. Many updates: 2023: driveway re-paved; 2021: front sidewalk, kids outdoor swing set with slide, fort, bridge & monkey bars. Additional updates see sheet inside house. Minutes from highways, Metra, shopping, fitness centers, entertainment & restaurants.
Unit Size
2,463 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$154
Property Type
House
Property Taxes
$699
HOA Dues
-
Year Built
1958

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #11982817)

Price History

Date / Event Date Event Price
Apr 12, 2024 Sold
Premium
Sold
Mar 5, 2024 Listed by Grapevine Realty, Inc. $379,900
Listed by Grapevine Realty, Inc.

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 60
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,204
  • Total Building Area: 2,463
  • Gross Building Area: 2,463
  • Building Area: 2,463
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,463
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROLLING MEADOWS UNIT 15
  • Land Acres: 0000000188
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-06
  • Legal Description 1: LOT 2275 IN ROLLING MEADOWS UNIT #1 5 S2 OF SEC36 T42N R10E 3P

Neighborhood

  • School District Name: Township High School District 214
  • Census Tract: 804000

Geography

  • District: 29
  • Parcel: 02-36-410-008-0000
  • Lot: 2275
  • Meridian: SEC 36 TWN 42N RNG 10E
  • Municipality: PALATINE
  • Latitude: 42.0712
  • Longitude: -88.0079

    Address

  • Full Address: 3714 Oriole Ln
  • Address - House Number: 3714
  • Address - Street Name: Oriole
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Rolling Meadows
  • Carrier Code: C008
  • 4-Digit Zip Code: 2850
  • Zip Code: 60008

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $838,809
  • Tax Rate Code Area: 29015

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 376,592
  • High Value: 414,668
  • Low Value: 338,515

    Market Valuation

  • Market Total Value: $320,000
  • Market Land Value: $45,120
  • Market Improvement Value: $274,880

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $32,000
  • Assessed Land Value: $4,512
  • Assessed Improvements Value: $27,488

    Sales

  • Current Sale Contract Date: Feb 14, 2005
  • Current Sale Recording Date: Feb 23, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 0505402113
  • Previous Sale Recording Date: Aug 24, 2004
  • Previous Sale Contract Date: Jul 30, 2004
  • Previous Sale Amount: $240,000
  • Previous Sale Document Type: 33
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 Rolling Meadows

Stats & Trends

Median Asking:

$354,870

Sale Price/ft²

$234

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1367 ft²

Average Home Age

52.2 years

Currently For Sale

40 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 101 N Yale Avenue, Arlington Heights, IL, 60005

$3,700 /mo

  • 3 Beds
  • 2 Baths
  • 2,166 ft²
101 N Yale Avenue, Arlington Heights, IL, 60005 Listing by Joanna Wieclaw

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Joseph Lynn, Grapevine Realty, Inc.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11982817
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 3714 Oriole Lane built and last sold?
The property at 3714 Oriole Lane was built in 1958 and last sold on Feb 14, 2005 for $290,000.
How much is this home worth?
The estimated value of the home located at 3714 Oriole Lane is $0.
What are some comparable homes to 3714 Oriole Lane?
There are currently no comparable homes to 3714 Oriole Lane.
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