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Schaumburg 60193
720 S POINT Drive
$407,000
● House - Off Market

720 S POINT Drive

SCHAUMBURG, IL 60193
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,493 Ft²
$691,897
RealtyHop Estimate
64.78%
Since Apr 1, 2017
National-US
Primary Model

About This Property

LOOK AT THIS AMAZING 4 BEDROOM, 2.5 BATH COLONIAL BEAUTY WITH SPACIOUS FOYER!! GREAT FLOOR PLAN WITH UPDATED KITCHEN BOASTS GRANITE AND STONE BACK SPLASH WITH EATING AREA AND PLANNING DESK...LARGE 1ST FLOOR LAUNDRY ROOM/MUD ROOM...FANTASTIC FAMILY ROOM FEATURES HARDWOOD FLOORS, AND WOODBURNING FIREPLACE WITH GAS START OVERLOOKING AWESOME BACKYARD RETREAT INCLUDING: PATIO, FENCED YARD, SHED AND POOL...LOVELY UPDATED MASTER BATH WITH WHIRLPOOL TUB...HUGE MASTER WALK-IN CLOSET...OAK DOORS...UNBELIEVABLE FINISHED BASEMENT WITH WET BAR/GAME AREA AND REC ROOM WITH SPACE FOR YOUR DAILY WORK-OUTS TOO...PLUS LOADS OF STORAGE...CONCRETE DRIVE FOR 3 CARS...SO MUCH NEWER: WINDOWS, ROOF, SIDING, FURNACE/AC...
Unit Size
2,493 Ft²
Days on Market
-
Land Size
-
Price per sqft
$168
Property Type
House
Property Taxes
$744
HOA Dues
-
Year Built
1984

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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 #09493053)

Price History

Date / Event Date Event Price
Mar 30, 2017 Sold
Premium
Sold
Feb 2, 2017 Listed by Berkshire Hathaway HomeServices American Heritage $419,900
Listed by Berkshire Hathaway HomeServices American Heritage

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • 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: 8,837
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 700
  • Total Building Area: 2,493
  • Gross Building Area: 2,493
  • Building Area: 2,493
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,493
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: KINGSPORT VILLAGE EAST UNIT3B
  • Land Acres: 0000000203
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-78
  • Legal Description 1: (KINGSPORT) VILLAGE EAST (UNIT3B) SUB IN NE NW SEC 35-41-10

Neighborhood

  • School District Name: Schaumburg Community Consolidated School District 54
  • Census Tract: 804803

Geography

  • District: 35
  • Parcel: 07-35-114-069-0000
  • Lot: 276
  • Meridian: SEC 35 TWN 41N RNG 10E
  • Municipality: SCHAUMBURG
  • Latitude: 42.003
  • Longitude: -88.0621

    Address

  • Full Address: 720 S Point Dr
  • Legal Unit: 3B
  • Address - House Number: 720
  • Street Direction: S
  • Address - Street Name: Point
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Schaumburg
  • Carrier Code: R004
  • 4-Digit Zip Code: 5106
  • Zip Code: 60193

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $973,622
  • Tax Rate Code Area: 35011

    Appraisal Valuation

  • Standard Deviation: 0.22
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 69
  • Final Value: 553,191
  • High Value: 674,939
  • Low Value: 431,444

    Market Valuation

  • Market Total Value: $420,000
  • Market Land Value: $97,210
  • Market Improvement Value: $322,790

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $42,000
  • Assessed Land Value: $9,721
  • Assessed Improvements Value: $32,279

    Sales

  • Current Sale Contract Date: Mar 30, 2017
  • Current Sale Recording Date: Apr 07, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 1709712035
  • Previous Sale Recording Date: Feb 04, 1998
  • Previous Sale Contract Date: Jan 30, 1998
  • Previous Sale Amount: $246,000
  • 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 Schaumburg

Stats & Trends

Median Asking:

$359,999

Sale Price/ft²

$250

Below Asking

0.01%

Average Days on Market

40

Average Home Size

1654 ft²

Average Home Age

40.1 years

Currently For Sale

122 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 706 N Point Drive, Schaumburg, IL, 60193

$3,400 /mo

  • 4 Beds
  • 2 Baths
  • 2,351 ft²
706 N Point Drive, Schaumburg, IL, 60193 Listing by Sarah Leonard
Unit for rent at 313 Lucille Lane, Schaumburg, IL, 60193

$3,295 /mo

  • 3 Beds
  • 3 Baths
  • 2,004 ft²
313 Lucille Lane #313, Schaumburg, IL, 60193 Listing by Tasneem Bahrainwala

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: , Berkshire Hathaway HomeServices American Heritage
Last Updated: 3 years ago
Data Source: MRED, MLS# 09493053
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 720 South Point Drive built and last sold?
The property at 720 South Point Drive was built in 1984 and last sold on Mar 30, 2017 for $407,000.
How much is this home worth?
The estimated value of the home located at 720 South Point Drive is $0.
What are some comparable homes to 720 South Point Drive?
There are currently no comparable homes to 720 South Point Drive.
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