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Hoffman Estates 60192
4575 Mumford Drive
$425,000
● House - Off Market

4575 Mumford Drive

Hoffman Estates, IL 60192
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,772 Ft²
$2,891
Est. Monthly
5.50%
Cap Rate

About This Property

Beautiful home is ready to move in! Light and Bright Living and Dining room with vaulted ceilings and wood floors. Kitchen features breakfast bar or eating area space and overlooks huge sunken family room that opens to the backyard. Main bedroom features private full bathroom and walk in closet. All bathrooms have been updated. First floor laundry. Finished Basement with unique Asian inspired decor provides lots of storage with custom shelving, an extra bonus room or office and a rec/play room. Extra storage in partial crawlspace area.  Private fenced in yard with patio, storage shed, vegetable garden and fruit trees (donut peach and Asian pears). Security Cameras are placed around the exterior.  Great corner lot that is fenced and a 4 minute walk to playground. Excellent Fremd High school district.
Unit Size
1,772 Ft²
Days on Market
-
Land Size
-
Price per sqft
$243
Property Type
House
Property Taxes
$780
HOA Dues
-
Year Built
1988

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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 #11988722)

Price History

Date / Event Date Event Price
May 30, 2024 Sold
Premium
Sold
Feb 23, 2024 Listed by Suzuki Realty Inc $429,900
Listed by Suzuki Realty Inc

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1988
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • 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: 7,542
  • Total Building Area: 1,772
  • Gross Building Area: 1,772
  • Building Area: 1,772
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,772
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MEADOW WALK
  • Land Acres: 0000000173
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-07
  • Legal Description 1: (MEADOW) (WALK) BNG A RESUB OF PTS OF BLKS 1-3,6-10 & VAC STS IN HOWIE IN THE HILLS UNIT1 A SUB IN SEC 19-42-10

Neighborhood

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

Geography

  • District: 29
  • Parcel: 02-19-232-001-0000
  • Block: 1-3
  • Lot: 1
  • Meridian: SEC 19 TWN 42N RNG 10E
  • Municipality: PALATINE
  • Latitude: 42.1069
  • Longitude: -88.1099

    Address

  • Full Address: 4575 Mumford Dr
  • Legal Unit: IT1
  • Address - House Number: 4575
  • Address - Street Name: Mumford
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Hoffman Estates
  • Carrier Code: C022
  • 4-Digit Zip Code: 1109
  • Zip Code: 60192

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $935,734
  • Tax Rate Code Area: 29082

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 425,149
  • High Value: 468,135
  • Low Value: 382,163

    Market Valuation

  • Market Total Value: $350,000
  • Market Land Value: $67,880
  • Market Improvement Value: $282,120

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,000
  • Assessed Land Value: $6,788
  • Assessed Improvements Value: $28,212

    Sales

  • Current Sale Contract Date: Oct 10, 2003
  • Current Sale Recording Date: Oct 27, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 0330047018

    Financing

  • First Mortgage Financing Type: ADJ
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

$243

Below Asking

0.01%

Average Days on Market

42

Average Home Size

1531 ft²

Average Home Age

42.9 years

Currently For Sale

72 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: Naomi Suzuki, Suzuki Realty Inc
Last Updated: 3 years ago
Data Source: MRED, MLS# 11988722
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 4575 Mumford Drive built and last sold?
The property at 4575 Mumford Drive was built in 1988 and last sold on Oct 10, 2003 for $288,000.
How much is this home worth?
The estimated value of the home located at 4575 Mumford Drive is $0.
What are some comparable homes to 4575 Mumford Drive?
There are currently no comparable homes to 4575 Mumford Drive.
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