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Schaumburg 60193
908 Long Meadow Drive
$505,000
● House - Off Market

908 Long Meadow Drive

Schaumburg, IL 60193
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,664 Ft²
$549,217
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

This expanded beautiful and very well maintained almost 2700 sq. ft. 2 story home with large addition, brick paver driveway and patio is a rare find!  Come see this home and start packing, all updated bathrooms and kitchen, granite counters, high end stainless steel appliances, energy efficient "Heat-n-Glo" fireplace with remote, Anderson windows, newer siding, roof and so much much more, large family room addition with 10' vaulted ceilings and skylights opens to the kitchen and eating area gives this home an exceptional open floorplan.  The added sunroom overlooks the beautiful brick paver patio and fenced backyard, opens to the kitchen could be a perfect office space or multipurpose room. See all the special features under additional information.
Unit Size
2,664 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$180
Property Type
House
Property Taxes
$834
HOA Dues
-
Year Built
1978

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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 #11158788)

Price History

Date / Event Date Event Price
Aug 13, 2021 Sold
Premium
Sold
Jul 16, 2021 Listed by Century 21 1st Class Homes $479,900
Listed by Century 21 1st Class Homes

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 10
  • 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: 7,606
  • Total Building Area: 2,664
  • Gross Building Area: 2,664
  • Building Area: 2,664
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,664
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PHEASANT WALK
  • Land Acres: 0000000175
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-78
  • Legal Description 1: (PHEASANT) (WALK) RESUB OF LT18252 OF SEC2 WEATHERSFI ELD UNIT18 SUB OF PT OF SW SEC 27-41-10

Neighborhood

  • School District Name: Schaumburg Community Consolidated School District 54
  • Census Tract: 804810

Geography

  • District: 35
  • Parcel: 07-27-304-033-0000
  • Lot: 18252
  • Meridian: SEC 27 TWN 41N RNG 10E
  • Municipality: SCHAUMBURG
  • Latitude: 42.0101
  • Longitude: -88.084

    Address

  • Full Address: 908 Long Meadow Dr
  • Legal Unit: IT18
  • Address - House Number: 908
  • Address - Street Name: Long Meadow
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Schaumburg
  • Carrier Code: C008
  • 4-Digit Zip Code: 3952
  • Zip Code: 60193

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,303,852
  • Tax Rate Code Area: 35011

    Appraisal Valuation

  • Standard Deviation: 0.22
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 69
  • Final Value: 584,342
  • High Value: 712,946
  • Low Value: 455,739

    Market Valuation

  • Market Total Value: $480,000
  • Market Land Value: $83,670
  • Market Improvement Value: $396,330

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $48,000
  • Assessed Land Value: $8,367
  • Assessed Improvements Value: $39,633

    Sales

  • Current Sale Contract Date: Aug 11, 2021
  • Current Sale Recording Date: Aug 20, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2123206073
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:

$362,500

Sale Price/ft²

$250

Below Asking

0.01%

Average Days on Market

40

Average Home Size

1641 ft²

Average Home Age

40 years

Currently For Sale

125 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 508 Bristol Lane, Schaumburg, IL, 60194

$3,450 /mo

  • 4 Beds
  • 1 Bath
  • 1,140 ft²
508 Bristol Lane, Schaumburg, IL, 60194 Listing by Omar Adil
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

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Margaret Kozlowski, Century 21 1st Class Homes
Last Updated: 3 years ago
Data Source: MRED, MLS# 11158788
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 908 Long Meadow Drive built and last sold?
The property at 908 Long Meadow Drive was built in 1978 and last sold on Aug 11, 2021 for $505,000.
How much is this home worth?
The estimated value of the home located at 908 Long Meadow Drive is $0.
What are some comparable homes to 908 Long Meadow Drive?
There are currently no comparable homes to 908 Long Meadow Drive.
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