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Schaumburg 60193
733 Cambridge Drive
$491,000
● House - Off Market

733 Cambridge Drive

Schaumburg, IL 60193
bedrooms
3 Beds
bathrooms
4 Baths
square feet
2,510 Ft²
$475,796
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

This meticulously maintained home is much larger than it appears from the street. A sizable addition was completed in 1996 making room for a huge kitchen, gorgeous family room with vaulted ceilings and a spacious primary suite. The kitchen is the ultimate gathering space as it opens up to the dining area and has direct sight lines to the gorgeous family room. A true open concept! The basement was dug out as well - one of the rare homes in this area with a full finished basement! This beauty now boasts 3+1 bedrooms, 4 full baths and over 2500 square feet of living space. There's about 3400 square feet total including the basement. The lot is oversized at 0.34 acres and there's an amazing stamped concrete patio for enjoying too. So much to love - set up a showing today!
Unit Size
2,510 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$189
Property Type
House
Property Taxes
$509
HOA Dues
-
Year Built
1967

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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 #11773976)

Price History

Date / Event Date Event Price
Jun 29, 2023 Sold
Premium
Sold
May 19, 2023 Listed by Compass $475,000
Listed by Compass

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 3
  • 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: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,150
  • Total Building Area: 1,120
  • Gross Building Area: 1,120
  • Building Area: 1,120
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,120
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SECOND RESUB OF WEATHERSFIELD UNIT4
  • Land Acres: 0000000348
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (SECOND) RESUB OF (WEATHERSFIELD) (UNIT4) A SUB IN SE CS20, 28 & SEC 29-41-10

Neighborhood

  • School District Name: Schaumburg Community Consolidated School District 54
  • Census Tract: 804809

Geography

  • District: 35
  • Parcel: 07-29-215-013-0000
  • Lot: 22B
  • Meridian: SEC 29 TWN 41N RNG 10E
  • Municipality: SCHAUMBURG
  • Latitude: 42.0124
  • Longitude: -88.11

    Address

  • Full Address: 733 Cambridge Dr
  • Legal Unit: 4
  • Address - House Number: 733
  • Address - Street Name: Cambridge
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Schaumburg
  • Carrier Code: C015
  • 4-Digit Zip Code: 2664
  • Zip Code: 60193

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $694,846
  • Tax Rate Code Area: 35011

    Appraisal Valuation

  • Standard Deviation: 0.22
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 69
  • Final Value: 405,510
  • High Value: 494,756
  • Low Value: 316,264

    Market Valuation

  • Market Total Value: $290,000
  • Market Land Value: $106,050
  • Market Improvement Value: $183,950

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,000
  • Assessed Land Value: $10,605
  • Assessed Improvements Value: $18,395

    Sales

  • Current Sale Contract Date: Jun 27, 2023
  • Current Sale Recording Date: Sep 22, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 33122
  • Previous Sale Recording Date: Aug 22, 1994
  • Previous Sale Contract Date: Jul 01, 1994
  • Previous Sale Amount: $147,000
  • 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:

$349,450

Sale Price/ft²

$249

Below Asking

0.01%

Average Days on Market

40

Average Home Size

1663 ft²

Average Home Age

40.8 years

Currently For Sale

115 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 503 Case Court, Schaumburg, IL, 60193

$2,675 /mo

  • 3 Beds
  • 1 Bath
  • 1,400 ft²
503 Case Court, Schaumburg, IL, 60193 Listing by Gary Christensen

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Michael Thornton, Compass
Last Updated: 3 years ago
Data Source: MRED, MLS# 11773976
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 733 Cambridge Drive built and last sold?
The property at 733 Cambridge Drive was built in 1967 and last sold on Jun 27, 2023 for $491,000.
How much is this home worth?
The estimated value of the home located at 733 Cambridge Drive is $0.
What are some comparable homes to 733 Cambridge Drive?
There are currently no comparable homes to 733 Cambridge Drive.
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