$490,000
●
House -
Off Market
5857 Chatham Drive
Hoffman Estates, IL 60192
5 Beds
4 Baths,
1
Half Bath
3,733 Ft²
$623,299
RealtyHop Estimate
27.20%
Since Mar 1, 2021
National-US
Primary Model
About This Property
This beautiful spacious energy efficient Ryland quality-built home
is ready for move-in. Located in Hoffman Estates just minutes from
the I-90 expressway with easy access to Woodfield Mall and other
shopping and dining destinations. Built in 2007, this five bedroom,
three and one-half bath home has two stair cases and features a
high-end builder elevation with front brick exterior, substantial
upgrades and improvements, such as bay window, updated kitchen,
wood burning fireplace, vaulted ceiling in master bedroom, three
Car garage and second floor loft. The finished basement has an
updated full bath and increases the living space of 3,733 square
feet above ground by an additional 1,110 square feet for below
ground.
Unit Size
3,733 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$131
Property Type
House
Property Taxes
$915
HOA Dues
$17
Year Built
2007
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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 #10982210)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 26, 2021 | Sold | ||
| Sold | |||
| Jan 29, 2021 | Listed by Coldwell Banker Realty | $490,000 | |
| Listed by Coldwell Banker Realty | |||
| Jun 26, 2019 | No longer available | - | |
| No longer available | |||
| Apr 1, 2019 | Listed | $449,900 | |
| Listed | |||
| | |||
|
You'll love this spacious 2-story home located in this welcoming community, just minutes from the I-90 expressway, giving easy access to nearby shopping and dining destinations. This 5-bedroom, 3.5-bathroom home features a large updated kitchen that seamlessly opens up to the family room making it an ideal place to entertain. The upstairs loft can be easily converted to a 6th bedroom or office making the possibilities endless. Including the full finished basement, this home gives you over 4,800 sq ft of space to enjoy with family and friends. The manager has listed the unit size as 4843 square feet.
| |||
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
Beds
Baths
ft²
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Closing Price
Sold On
Sold On
HOA + Taxes
About Hoffman Estates
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Syed Ali, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 10982210
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.
Last Updated: 3 years ago
Data Source: MRED, MLS# 10982210
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