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Hoffman Estates 60192
4275 Oak Knoll Lane
$459,900
● House - Off Market

4275 Oak Knoll Lane

Hoffman Estates, IL 60192
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,228 Ft²
$475,496
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model
Unit Size
2,228 Ft²
Days on Market
-
Land Size
-
Price per sqft
$206
Property Type
House
Property Taxes
$469
HOA Dues
-
Year Built
1988

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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 #11369043)

Price History

Date / Event Date Event Price
Aug 22, 2022 Sold
Premium
Sold
Apr 7, 2022 Listed by Homesmart Connect LLC $459,900
Listed by Homesmart Connect LLC

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 8
  • 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: 24
  • 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: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,108
  • Total Building Area: 2,228
  • Gross Building Area: 2,228
  • Building Area: 2,228
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,228
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: POPLAR HILLS UNIT6
  • Land Acres: 0000000209
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-78
  • Legal Description 1: (POPLAR)(HILLS)(UNIT6) BEING SUB OF PTS OF EH SE 24-4 2-9 & SW 19-42-10 EH SE SEC 24-42-09

Neighborhood

  • School District Name: Barrington Community Unit School District 220
  • Census Tract: 804202

Geography

  • District: 10
  • Parcel: 01-24-411-010-0000
  • Block: 28
  • Lot: 19
  • Meridian: SEC 19 TWN 42N RNG 10E
  • Municipality: BARRINGTON
  • Latitude: 42.1011
  • Longitude: -88.1231

    Address

  • Full Address: 4275 Oak Knoll Ln
  • Legal Unit: 6
  • Address - House Number: 4275
  • Address - Street Name: Oak Knoll
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Hoffman Estates
  • Carrier Code: C026
  • 4-Digit Zip Code: 5608
  • Zip Code: 60192

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $868,433
  • Tax Rate Code Area: 10059

    Appraisal Valuation

  • Standard Deviation: 0.2414
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 66
  • Final Value: 494,134
  • High Value: 613,443
  • Low Value: 374,825

    Market Valuation

  • Market Total Value: $410,000
  • Market Land Value: $72,860
  • Market Improvement Value: $337,140

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $41,000
  • Assessed Land Value: $7,286
  • Assessed Improvements Value: $33,714

    Sales

  • Current Sale Contract Date: Aug 19, 2022
  • Current Sale Recording Date: Aug 31, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4031
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:

$409,900

Sale Price/ft²

$242

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1558 ft²

Average Home Age

46.9 years

Currently For Sale

73 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 5039 Chambers Drive, Hoffman Estates, IL, 60010

$3,500 /mo

  • 4 Beds
  • 1 Bath
  • 1,814 ft²
5039 Chambers Drive, Hoffman Estates, IL, 60010 Listing by Zivile Pitkiene

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Jennifer Berg, Homesmart Connect LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11369043
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 4275 Oak Knoll Lane built and last sold?
The property at 4275 Oak Knoll Lane was built in 1988 and last sold on Aug 19, 2022 for $460,000.
How much is this home worth?
The estimated value of the home located at 4275 Oak Knoll Lane is $467,715.
What are some comparable homes to 4275 Oak Knoll Lane?
There are currently no comparable homes to 4275 Oak Knoll Lane.
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