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Rolling Meadows 60008
3804 Owl Drive
$262,000
● House - Off Market

3804 Owl Drive

Rolling Meadows, IL 60008
bedrooms
2 Beds
bathrooms
1 Bath
square feet
900 Ft²
$259,979
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

Gorgeous 2 Br 1 Bath Updated Rolling Meadows Home! Sold during processing!
Unit Size
900 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$286
Property Type
House
Property Taxes
$369
HOA Dues
-
Year Built
1957

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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 #11349382)

Price History

Date / Event Date Event Price
Jun 1, 2022 Sold
Premium
Sold
Mar 16, 2022 Listed by Homesmart Connect LLC $257,000
Listed by Homesmart Connect LLC

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 28
  • Exterior Walls Type: 17
  • 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: 9,030
  • Total Building Area: 861
  • Gross Building Area: 861
  • Building Area: 861
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 861
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROLLING MEADOWS UNIT12
  • Land Acres: 0000000207
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-02
  • Legal Description 1: (ROLLING) (MEADOWS) (UNIT12) SUB S OF KIRCHOFF RD & P T WH SEC36 & PT EH SEC 35-42-10

Neighborhood

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

Geography

  • District: 29
  • Parcel: 02-36-312-019-0000
  • Lot: 1860
  • Meridian: SEC 35 TWN 42N RNG 10E
  • Municipality: PALATINE
  • Latitude: 42.0708
  • Longitude: -88.0239

    Address

  • Full Address: 3804 Owl Dr
  • Legal Unit: 12
  • Address - House Number: 3804
  • Address - Street Name: Owl
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Rolling Meadows
  • Carrier Code: C022
  • 4-Digit Zip Code: 2508
  • Zip Code: 60008

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $574,652
  • Tax Rate Code Area: 29015

    Appraisal Valuation

  • Standard Deviation: 0.2282
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 284,628
  • High Value: 349,599
  • Low Value: 219,657

    Market Valuation

  • Market Total Value: $230,010
  • Market Land Value: $49,670
  • Market Improvement Value: $180,340

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $23,001
  • Assessed Land Value: $4,967
  • Assessed Improvements Value: $18,034

    Sales

  • Current Sale Contract Date: May 26, 2022
  • Current Sale Recording Date: Oct 06, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 8183
  • Previous Sale Recording Date: Nov 04, 2016
  • Previous Sale Contract Date: Oct 14, 2016
  • Previous Sale Amount: $173,000
  • Previous Sale Document Type: 71
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:

$356,995

Sale Price/ft²

$235

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1431 ft²

Average Home Age

50.8 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 5000 Carriageway Drive, Rolling Meadows, IL, 60008

$2,200 /mo

  • 1 Bed
  • 1 Bath
  • 800 ft²
5000 Carriageway Drive #303, Rolling Meadows, IL, 60008 Listing by Michiko Suzuki
Unit for rent at 5001 Carriageway Drive, Rolling Meadows, IL, 60008

$2,200 /mo

  • 2 Beds
  • 1 Bath
  • 1,200 ft²
5001 Carriageway Drive #A209, Rolling Meadows, IL, 60008 Listing by Elena Savrova

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Jamie Lindsey, Homesmart Connect LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11349382
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 3804 Owl Drive built and last sold?
The property at 3804 Owl Drive was built in 1957 and last sold on May 26, 2022 for $262,000.
How much is this home worth?
The estimated value of the home located at 3804 Owl Drive is $0.
What are some comparable homes to 3804 Owl Drive?
There are currently no comparable homes to 3804 Owl Drive.
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