$334,900
●
House -
Off Market
650 Frederick Lane
Hoffman Estates, IL 60169
4 Beds
2 Baths
$434,891
RealtyHop Estimate
29.86%
Since Feb 1, 2021
National-US
Primary Model
About This Property
Wonderful split level in desirable Highlands subdivision with
beautiful outdoor space perfect for entertaining ( above ground
pool included)! Long list of features and upgrades includes: new
bath in lower level (2019),durable metal shingle roof (2018),
furnace and A/C (2019), dishwasher & refrigerator (2017), hardwood
floors and wood laminate floors throughout, convenient main level
4th bedroom with walk-in closet, beautiful large family room
with stylish bar and sliding door to lower level patio, huge 2.5
car garage with 8ft overhead garage door, gorgeous multi-level
paver brick patio, master bath with whirlpool tub and double sink
vanity and many more. Amazing location just minutes from I-90,
shopping, Woodfield mall, restaurants, award-winning schools and
short walk to Highlands Park with sirene pond and the playground.
Unit Size
-
Days on Market
-
Land Size
0.23 acres
Price per sqft
-
Property Type
House
Property Taxes
$561
HOA Dues
-
Year Built
1966
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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 #10939801)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jan 20, 2021 | Sold | ||
| Sold | |||
| Dec 1, 2020 | In contract | - | |
| In contract | |||
| Nov 23, 2020 | Listed | $334,900 | |
| Listed | |||
| | |||
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Wonderful split level in desirable Highlands subdivision with beautiful outdoor space perfect for entertaining ( above ground pool included)! Long list of features and upgrades includes: new bath in lower level (2019),durable metal shingle roof (2018), furnace and A/C (2019), dishwasher & refrigerator (2017), hardwood floors and wood laminate floors throughout, convenient main level 4th bedroom with walk-in closet, beautiful large family room with stylish bar and sliding door to lower level patio, huge 2.5 car garage with 8ft overhead garage door, gorgeous multi-level paver brick patio, master bath with whirlpool tub and double sink vanity and many more. Amazing location just minutes from I-90, shopping, Woodfield mall, restaurants, award-winning schools and short walk to Highlands Park with sirene pond and the playground.
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
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Baths
ft²
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HOA + Taxes
About Hoffman Estates
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Listed by: Alicia Kuzma, RE/MAX City
Last Updated: 3 years ago
Data Source: MRED, MLS# 10939801
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# 10939801
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