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Rolling Meadows 60008
4474 Hoover Street
$262,500
● House - Off Market

4474 Hoover Street

ROLLING MEADOWS, IL 60008
bedrooms
4 Beds
bathrooms
3 Baths
square feet
1,248 Ft²
$430,091
RealtyHop Estimate
56.45%
Since Mar 1, 2018
National-US
Primary Model

About This Property

What a gem! Located in highly sought after Wm Fremd High School this 4 bedroom 3 FULL bath home is ready for the next owner.This move in ready home is located on a gorgeous tree lined street. Close to expressways, shopping and restaurants. Garage could be converted back into a 2 car.
Unit Size
1,248 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$220
Property Type
House
Property Taxes
$621
HOA Dues
-
Year Built
1963

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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 #09816908)

Price History

Date / Event Date Event Price
Feb 6, 2018 Sold
Premium
Sold
Dec 13, 2017 Listed by Coldwell Banker Realty $274,900
Listed by Coldwell Banker Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • 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: 3
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,432
  • Total Building Area: 1,248
  • Gross Building Area: 1,248
  • Building Area: 1,248
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,248
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PLUM GROVE COUNTRYSIDE UNIT 05
  • Land Acres: 0000000194
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: PART S26 T42N R10E 3P

Neighborhood

  • School District Name: Palatine Community Consolidated School District 15
  • Census Tract: 804106

Geography

  • District: 29
  • Parcel: 02-26-110-037-0000
  • Lot: 107
  • Meridian: SEC 26 TWN 42N RNG 10E
  • Municipality: PALATINE
  • Latitude: 42.0903
  • Longitude: -88.0393

    Address

  • Full Address: 4474 Hoover St
  • Address - House Number: 4474
  • Address - Street Name: Hoover
  • Address - Suffix Type: St
  • State: IL
  • City Name: Rolling Meadows
  • Carrier Code: C003
  • 4-Digit Zip Code: 1114
  • Zip Code: 60008

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $972,691
  • Tax Rate Code Area: 29016

    Appraisal Valuation

  • Standard Deviation: 0.2282
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 367,391
  • High Value: 451,255
  • Low Value: 283,528

    Market Valuation

  • Market Total Value: $320,000
  • Market Land Value: $59,020
  • Market Improvement Value: $260,980

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $32,000
  • Assessed Land Value: $5,902
  • Assessed Improvements Value: $26,098

    Sales

  • Current Sale Contract Date: Feb 06, 2018
  • Current Sale Recording Date: Feb 07, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 33
  • Current Sale Input Document Number: 1803808074
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:

$352,375

Sale Price/ft²

$234

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1301 ft²

Average Home Age

53.9 years

Currently For Sale

39 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 605 W Gilbert Road, Palatine, IL, 60067

$3,750 /mo

  • 3 Beds
  • 2 Baths
  • 1,983 ft²
605 W Gilbert Road, Palatine, IL, 60067 Listing by Kim Alden

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Keeli Massimo, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 09816908
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 4474 Hoover Street built and last sold?
The property at 4474 Hoover Street was built in 1963 and last sold on Feb 6, 2018 for $262,500.
How much is this home worth?
The estimated value of the home located at 4474 Hoover Street is $0.
What are some comparable homes to 4474 Hoover Street?
There are currently no comparable homes to 4474 Hoover Street.
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