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Hoffman Estates 60192
4599 Mumford Drive
$520,000
● House - Off Market

4599 Mumford Drive

Hoffman Estates, IL 60192
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,772 Ft²
$3,082
Est. Monthly
5.24%
Cap Rate

About This Property

Bring your family to this Fully updated 3 bed, 2.1 baths Home in the Award Winning Fremd HS District. Updates within 5 years Includes:  Window(2021), Roofing(2021), Composite Deck(2020), Basement(2020), Electrical work(5 yrs), Kitchen(5 yrs), All appliances(5 yrs), Furnace(new motor 2023), Sump pump(2022), Furnace(approximately 5 yrs), garage door(approximately 5 yrs).  Bring your family to this Completely remodeled HOME!  Selling house "AS IS".
Unit Size
1,772 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$293
Property Type
House
Property Taxes
$533
HOA Dues
-
Year Built
1987

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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.

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • 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: 6,239
  • 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: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MEADOW WALK
  • Land Acres: 0000000143
  • 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: 02-19-231-018-0000
  • Block: 1-3
  • Lot: 18
  • Meridian: SEC 19 TWN 42N RNG 10E
  • Municipality: PALATINE
  • Latitude: 42.1074
  • Longitude: -88.1107

    Address

  • Full Address: 4599 Mumford Dr
  • Legal Unit: IT1
  • Address - House Number: 4599
  • Address - Street Name: Mumford
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Hoffman Estates
  • Carrier Code: C022
  • 4-Digit Zip Code: 1180
  • Zip Code: 60192

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $639,559
  • Tax Rate Code Area: 29082

    Appraisal Valuation

  • Standard Deviation: 0.222
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 69
  • Final Value: 371,490
  • High Value: 453,979
  • Low Value: 289,002

    Market Valuation

  • Market Total Value: $250,050
  • Market Land Value: $56,150
  • Market Improvement Value: $193,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $25,005
  • Assessed Land Value: $5,615
  • Assessed Improvements Value: $19,390

    Sales

  • Current Sale Contract Date: Apr 03, 2020
  • Current Sale Recording Date: May 08, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2012939098
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:

$409,950

Sale Price/ft²

$243

Below Asking

0.01%

Average Days on Market

40

Average Home Size

1628 ft²

Average Home Age

43.8 years

Currently For Sale

77 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 4716 Amber Circle, Hoffman Estates, IL, 60192

$2,900 /mo

  • 2 Beds
  • 2 Baths
4716 Amber Circle, Hoffman Estates, IL, 60192 Listing by Lisa Ogawa

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Yoomi Kuk, Coldwell Banker Realty
Data Source: MRED, MLS# MRD12308869
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 4599 Mumford Drive built and last sold?
The property at 4599 Mumford Drive was built in 1987 and last sold on Apr 3, 2020 for $290,000.
How much is this home worth?
The estimated value of the home located at 4599 Mumford Drive is $519,741.
What are some comparable homes to 4599 Mumford Drive?
There are currently no comparable homes to 4599 Mumford Drive.
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