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Hoffman Estates 60192
4285 Sandlewood Lane
$377,000
● House - Off Market

4285 Sandlewood Lane

Hoffman Estates, IL 60192
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,107 Ft²
$424,355
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

Spacious 3 Bedroom, 2 and a half bath home in highly sought after Poplar Hills North subdivision. Located in North Hoffman Estates with D15 and D211, (Fremd High) schools. Fully finished basement ready for finishing touches. Air conditioner is 2 years old along with a brand new water heater. Screened in porch leading to large open fully fenced yard. Home has been well cared for by same owner since 1989, now ready to down size! Realtor is related to seller.
Unit Size
2,107 Ft²
Days on Market
-
Land Size
-
Price per sqft
$190
Property Type
House
Property Taxes
$734
HOA Dues
-
Year Built
1985

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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 #11612991)

Price History

Date / Event Date Event Price
Dec 1, 2022 Sold
Premium
Sold
Aug 24, 2022 Listed by CTB Real Estate Investments $400,000
Listed by CTB Real Estate Investments

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,472
  • Total Building Area: 2,107
  • Gross Building Area: 2,107
  • Building Area: 2,107
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,107
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: POPLAR HILLS UNIT4
  • Land Acres: 0000000195
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-78
  • Legal Description 1: (POPLAR)(HILLS)(UNIT4) BEING SUB OF PT OF SE 24-42-9 & PT OF SW 19-42-10 SE SEC 24-42-09

Neighborhood

  • School District Name: Palatine Community Consolidated School District 15
  • Census Tract: 804104

Geography

  • District: 29
  • Parcel: 02-19-323-019-0000
  • Block: 16
  • Lot: 19
  • Meridian: SEC 24 TWN 42N RNG 09E
  • Municipality: PALATINE
  • Latitude: 42.1013
  • Longitude: -88.1194

    Address

  • Full Address: 4285 Sandlewood Ln
  • Legal Unit: 4
  • Address - House Number: 4285
  • Address - Street Name: Sandlewood
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Hoffman Estates
  • Carrier Code: C017
  • 4-Digit Zip Code: 1229
  • Zip Code: 60192

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $669,386
  • Tax Rate Code Area: 29082

    Appraisal Valuation

  • Standard Deviation: 0.2197
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 69
  • Final Value: 436,442
  • High Value: 532,360
  • Low Value: 340,523

    Market Valuation

  • Market Total Value: $370,000
  • Market Land Value: $76,250
  • Market Improvement Value: $293,750

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $37,000
  • Assessed Land Value: $7,625
  • Assessed Improvements Value: $29,375

    Sales

  • Current Sale Contract Date: Nov 22, 2022
  • Current Sale Recording Date: Dec 06, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 19094
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:

$415,000

Sale Price/ft²

$244

Below Asking

0.01%

Average Days on Market

42

Average Home Size

1561 ft²

Average Home Age

42.9 years

Currently For Sale

75 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

Rentals Near You

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MRED

Listed by: Jeffrey Bondora, CTB Real Estate Investments
Last Updated: 3 years ago
Data Source: MRED, MLS# 11612991
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 4285 Sandlewood Lane built and last sold?
The property at 4285 Sandlewood Lane was built in 1985 and last sold on Nov 22, 2022 for $377,000.
How much is this home worth?
The estimated value of the home located at 4285 Sandlewood Lane is $409,772.
What are some comparable homes to 4285 Sandlewood Lane?
There are currently no comparable homes to 4285 Sandlewood Lane.
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