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Hoffman Estates 60010
5035 Rochester Drive
$340,000
● House - Off Market

5035 Rochester Drive

Hoffman Estates, IL 60010
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,708 Ft²
$300,503
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Multiple offers received.  Highest and best called for by Saturday 8pm.  Showings through Saturday 6pm.  Seller will make a decision on Sunday afternoon. YES! A home in Fremd High School available in Colony Point neighborhood! Neutral carpeting. This home has a large eat in kitchen with a lot of cabinets and a ceramic tile floor!  The primary bedroom is very large with two closets and a sitting area!  You will also find white six panel doors. The yard is partially fenced. AWARD winning Marion Jordan and Fremd High School!  There is a park across the street and less than a half a mile to Jewel, Starbucks and a lot more shopping!  Furnace and AC are 5 years old.   The roof is 14 years old and the water heater is 7 years old!  Welcome Home!
Unit Size
1,708 Ft²
Days on Market
-
Land Size
-
Price per sqft
$176
Property Type
House
Property Taxes
$626
HOA Dues
-
Year Built
1978

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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 #11791628)

Price History

Date / Event Date Event Price
Jun 30, 2023 Sold
Premium
Sold
May 25, 2023 Listed by RE/MAX Suburban $300,000
Listed by RE/MAX Suburban

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 1
  • 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: 4,999
  • Total Building Area: 1,708
  • Gross Building Area: 1,708
  • Building Area: 1,708
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,708
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PRESTWICK PLACE BNG A RESUB IN THE SW
  • Land Acres: 0000000115
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-07
  • Legal Description 1: (PRESTWICK) PLACE BNG A RESUB IN THE SW SEC 18-42-10

Neighborhood

  • School District Name: Palatine Community Consolidated School District 15
  • Census Tract: 803603

Geography

  • District: 29
  • Parcel: 02-18-312-003-0000
  • Block: 4
  • Lot: 10
  • Meridian: SEC 18 TWN 42N RNG 10E
  • Municipality: PALATINE
  • Latitude: 42.1148
  • Longitude: -88.1148

    Address

  • Full Address: 5035 Rochester Dr
  • Address - House Number: 5035
  • Address - Street Name: Rochester
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Hoffman Estates
  • Carrier Code: C022
  • 4-Digit Zip Code: 5623
  • Zip Code: 60010

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $728,311
  • Tax Rate Code Area: 29082

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 385,618
  • High Value: 473,670
  • Low Value: 297,566

    Market Valuation

  • Market Total Value: $280,000
  • Market Land Value: $44,990
  • Market Improvement Value: $235,010

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $28,000
  • Assessed Land Value: $4,499
  • Assessed Improvements Value: $23,501

    Sales

  • Current Sale Contract Date: Jun 14, 2023
  • Current Sale Recording Date: Jul 05, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 28197
  • Previous Sale Recording Date: Oct 04, 1994
  • Previous Sale Contract Date: Sep 30, 1994
  • Previous Sale Amount: $142,000
  • Previous Sale Document Type: 71
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:

$410,000

Sale Price/ft²

$242

Below Asking

0.01%

Average Days on Market

42

Average Home Size

1597 ft²

Average Home Age

46.7 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 1475 Garnet Circle, Hoffman Estates, IL, 60192

$2,999 /mo

  • 3 Beds
  • 2 Baths
  • 1,600 ft²
1475 Garnet Circle #1454, Hoffman Estates, IL, 60192 Listing by Pradeep Singh

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Laura Browere, RE/MAX Suburban
Last Updated: 3 years ago
Data Source: MRED, MLS# 11791628
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 5035 Rochester Drive built and last sold?
The property at 5035 Rochester Drive was built in 1978 and last sold on Jun 14, 2023 for $340,000.
How much is this home worth?
The estimated value of the home located at 5035 Rochester Drive is $312,798.
What are some comparable homes to 5035 Rochester Drive?
There are currently no comparable homes to 5035 Rochester Drive.
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