$210,500
●
House -
Off Market
755 Alhambra Lane
Hoffman Estates, IL 60169
3 Beds
2 Baths
$229,022
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model
About This Property
Located in sought after Hoffman Estates on a large lot, this home
offers tons of potential and upside to a buyer with vision. The
floor plan is expansive with a large open living room, formal
dining room and a rare shared master bathroom. The home also
features three bedrooms, all very spacious, two bathrooms, large
kitchen which overlooks a tranquil private yard. The home needs
some updates but has potential, there is a side drive with 2 car
detached garage and the location is hard to beat! Blocks from
Conant High, minutes from Woodfield, Minutes from I-290 and much
more! This home will not last long, perfect property to build
equity while completing modern updates. Do not wait to see this,
get inside today to appreciate all this home has to offer!
Unit Size
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Days on Market
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Land Size
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Price per sqft
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Property Type
House
Property Taxes
$581
HOA Dues
-
Year Built
1957
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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 #11266945)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 14, 2022 | No longer available | - | |
| No longer available | |||
| Jun 13, 2022 | Listed by Homesmart Connect LLC | $329,000 | |
| Listed by Homesmart Connect LLC | |||
| | |||
|
Updated 3-bedroom 2-bathroom home in Hoffman Estates. Home sits on a large lot and has many updates. Fully renovated kitchen with granite counter tops, kitchen cabinets, and appliances. Rehabbed and stained wood floors. Fully updated bathrooms, new A/C Unit, Furnace, Water Heater. Freshly painted entire home and outside concrete work has been done in the garage and side entrance area. Location of home is near JB Conant High School, Woodfield Mall, minutes from I-290. The manager has listed the unit size as 1200 square feet.
| |||
| Feb 25, 2022 | Sold | ||
| Sold | |||
| Nov 9, 2021 | Listed by Re/Max Properties | $217,500 | |
| Listed by Re/Max Properties | |||
Property Highlights
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Hoffman Estates
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Ryan Smith, Re/Max Properties
Last Updated: 3 years ago
Data Source: MRED, MLS# 11266945
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# 11266945
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