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Rolling Meadows 60008
5409 Mayflower Court
$385,000
● House - Off Market

5409 Mayflower Court

Rolling Meadows, IL 60008
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,585 Ft²
$2,810
Est. Monthly
$228
HOA / Fees
6.16%
Cap Rate

About This Property

WELL MAINTAINED 2 STORY TOWNHOME. WONDERFUL OPEN FLOOR PLAN AND SPACIOUS ROOMS!
Unit Size
1,585 Ft²
Days on Market
-
Land Size
-
Price per sqft
$252
Property Type
House
Property Taxes
$620
HOA Dues
$228
Year Built
1997

Payment Calculator

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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

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Bedroom Count: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 29
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 707,885
  • Total Building Area: 10,300
  • Gross Building Area: 10,300
  • Building Area: 10,300
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 10,300
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ELIZABETH PLACE CONDO
  • Land Acres: 0000016251
  • Standard Land Use Code: 1004
  • County Land Use Code: 2-99

Neighborhood

  • School District Name: Township High School District 214
  • Census Tract: 805105

Geography

  • District: 16
  • Parcel: 08-08-402-039-1110
  • Meridian: SEC 08 TWN 41N RNG 11E
  • Municipality: ELK GROVE
  • Latitude: 42.0559
  • Longitude: -88.0071

    Address

  • Full Address: 5409 Mayflower Ct
  • Address - House Number: 5409
  • Address - Street Name: Mayflower
  • Address - Suffix Type: Ct
  • State: IL
  • City Name: Rolling Meadows
  • Carrier Code: C011
  • 4-Digit Zip Code: 3861
  • Zip Code: 60008

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $708,445
  • Tax Rate Code Area: 16053

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 297,167
  • High Value: 365,022
  • Low Value: 229,311

    Market Valuation

  • Market Total Value: $276,680
  • Market Land Value: $33,130
  • Market Improvement Value: $243,550

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $27,668
  • Assessed Land Value: $3,313
  • Assessed Improvements Value: $24,355

    Sales

  • Current Sale Contract Date: Nov 29, 2013
  • Current Sale Recording Date: Dec 03, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1333755026
  • Previous Sale Recording Date: Aug 18, 1997
  • Previous Sale Contract Date: Jul 30, 1997
  • Previous Sale Amount: $115,333
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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:

$354,750

Sale Price/ft²

$234

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1361 ft²

Average Home Age

52.8 years

Currently For Sale

41 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 3316 Brookmeade Drive, Rolling Meadows, IL, 60008

$3,000 /mo

  • 3 Beds
  • 2 Baths
  • 3,143 ft²
3316 Brookmeade Drive, Rolling Meadows, IL, 60008 Listing by Gail Bergstrom

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Jun Hyun Lee, Utopia Real Estate Inc.
Data Source: MRED, MLS# MRD12425834
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 5409 Mayflower Court built and last sold?
The property at 5409 Mayflower Court was built in 1997 and last sold on Nov 29, 2013 for $198,000.
How much is this home worth?
The estimated value of the home located at 5409 Mayflower Court is $403,804.
What are some comparable homes to 5409 Mayflower Court?
There are currently no comparable homes to 5409 Mayflower Court.
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