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Rolling Meadows 60008
3811 Bobwhite Lane
$335,000
● House - Off Market

3811 Bobwhite Lane

Rolling Meadows, IL 60008
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,701 Ft²
$324,385
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

Come Make this Your New Home! 3 Bedroom 2 Bath Ranch Offering so Much.  Kitchen has tons of cabinet space, center island, hardwood floors, separate eating area and all appliances stay.  Bright Family room with fireplace, vaulted ceiling, skylights, hardwood floors and sliding glass doors leading to deck.  Large master bedroom with 2 closets and private bath.  Separate laundry area. 2 crawl spaces. Roof done in 2008. 2 Car detached garage.  Great curb appeal.  Fenced yard perfect for family gatherings. Minutes from schools, parks, library, shopping and expressway.  Estate sale-sold AS IS
Unit Size
1,701 Ft²
Days on Market
-
Land Size
-
Price per sqft
$188
Property Type
House
Property Taxes
$500
HOA Dues
-
Year Built
1957

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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 #11363052)

Price History

Date / Event Date Event Price
Apr 29, 2022 Sold
Premium
Sold
Apr 1, 2022 Listed by Coldwell Banker Realty $320,000
Listed by Coldwell Banker Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 3
  • 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: 8,316
  • Total Building Area: 1,701
  • Gross Building Area: 1,701
  • Building Area: 1,701
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,701
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROLLING MEADOWS UNIT12
  • Land Acres: 0000000191
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • 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: 02-35-405-013-0000
  • Lot: 1933
  • Meridian: SEC 35 TWN 42N RNG 10E
  • Municipality: PALATINE
  • Latitude: 42.0702
  • Longitude: -88.025

    Address

  • Full Address: 3811 Bobwhite Ln
  • Legal Unit: 12
  • Address - House Number: 3811
  • Address - Street Name: Bobwhite
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Rolling Meadows
  • Carrier Code: C022
  • 4-Digit Zip Code: 2556
  • Zip Code: 60008

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $758,497
  • Tax Rate Code Area: 29015

    Appraisal Valuation

  • Standard Deviation: 0.257
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 63
  • Final Value: 362,923
  • High Value: 456,225
  • Low Value: 269,621

    Market Valuation

  • Market Total Value: $320,000
  • Market Land Value: $45,740
  • Market Improvement Value: $274,260

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $32,000
  • Assessed Land Value: $4,574
  • Assessed Improvements Value: $27,426

    Sales

  • Current Sale Contract Date: Apr 13, 2022
  • Current Sale Recording Date: May 09, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 7101
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:

$354,750

Sale Price/ft²

$235

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1396 ft²

Average Home Age

51 years

Currently For Sale

41 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 1289 Lakepointe Drive, Schaumburg, IL, 60173

$3,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,782 ft²
1289 Lakepointe Drive, Schaumburg, IL, 60173 Listing by Aparajita Leekha

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Laura Majikes, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11363052
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 3811 Bobwhite Lane built and last sold?
The property at 3811 Bobwhite Lane was built in 1957 and last sold on Apr 13, 2022 for $335,000.
How much is this home worth?
The estimated value of the home located at 3811 Bobwhite Lane is $0.
What are some comparable homes to 3811 Bobwhite Lane?
There are currently no comparable homes to 3811 Bobwhite Lane.
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