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Hoffman Estates 60010
5045 Rochester Drive
$352,000
● House - Off Market

5045 Rochester Drive

Hoffman Estates, IL 60010
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,150 Ft²
$2,193
Est. Monthly
8.57%
Cap Rate

About This Property

WOW!! TAKE A 3D TOUR - CLICK THE 3D BUTTON AND ENJOY!! Stunning and rare Hoffman Estates home! Top Rated Schools! Move right in to this beautifully maintained 3-bedroom, 1.5-bath home featuring spacious first floor living! Bright living space, beautiful kitchen with newer appliances, and a dining area just off the kitchen! First-floor laundry, 2-car heated attached garage, and a backyard deck with gazebo perfect for entertaining! Newer roof (2015), Newer A/C and mechanicals, water heater (2022)!! And so many more updates!! Come see for yourself! Check out additional info for a full list of updates attached! Excellent location, close to ALL! Near parks, restaurants, shopping, schools, and more!! Don't miss this one-you're going to love it!!
Unit Size
1,150 Ft²
Days on Market
-
Land Size
-
Price per sqft
$295
Property Type
House
Property Taxes
$528
HOA Dues
-
Year Built
1978

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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.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 28
  • 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: 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
  • Lot Size Depth Feet: 820
  • Lot Size Frontage Feet: 640
  • Total Building Area: 988
  • Gross Building Area: 988
  • Building Area: 988
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 988
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COLONY POINT PHASEII
  • Land Acres: 0000000115
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-02
  • Legal Description 1: (COLONY) (POINT) (PHASEII) RESUB OF PT COUNTRY CLUB A DD TO HOWIE IN HILLS SUB IN EH OF SW SEC 18-42-10

Neighborhood

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

Geography

  • District: 29
  • Subdivision Phase Number: II
  • Parcel: 02-18-312-002-0000
  • Block: 4
  • Lot: 2
  • Meridian: SEC 18 TWN 42N RNG 10E
  • Municipality: PALATINE
  • Latitude: 42.115
  • Longitude: -88.1147

    Address

  • Full Address: 5045 Rochester Dr
  • Address - House Number: 5045
  • 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: $609,782
  • Tax Rate Code Area: 29082

    Appraisal Valuation

  • Standard Deviation: 0.2319
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 309,627
  • High Value: 381,459
  • Low Value: 237,794

    Market Valuation

  • Market Total Value: $240,000
  • Market Land Value: $44,990
  • Market Improvement Value: $195,010

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $24,000
  • Assessed Land Value: $4,499
  • Assessed Improvements Value: $19,501

    Sales

  • Current Sale Contract Date: Dec 04, 2012
  • Current Sale Recording Date: Dec 31, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1236655072
  • Previous Sale Recording Date: Dec 03, 2004
  • Previous Sale Contract Date: Nov 01, 2004
  • Previous Sale Amount: $215,000
  • 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:

$415,000

Sale Price/ft²

$244

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1583 ft²

Average Home Age

43.4 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: Gregorio Cirone, xr realty
Data Source: MRED, MLS# MRD12195187
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 5045 Rochester Drive built and last sold?
The property at 5045 Rochester Drive was built in 1978 and last sold on Dec 4, 2012 for $160,000.
How much is this home worth?
The estimated value of the home located at 5045 Rochester Drive is $0.
What are some comparable homes to 5045 Rochester Drive?
There are currently no comparable homes to 5045 Rochester Drive.
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