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Roselle 60172
975 Borden Drive
$420,000
● House - Off Market

975 Borden Drive

Roselle, IL 60172
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,654 Ft²
$2,567
Est. Monthly
6.28%
Cap Rate

About This Property

This beautifully updated home located in the sought-after community of Roselle. Boasting 3 bedrooms, 2 full bathrooms, and 1 half bathroom, along with an updated kitchen and basement, this residence offers both style and functionality. Update kitchen and beautiful living room with new laminate floors meet you in the first floor. All three bedrooms are in the first floor. The basement has a cosy fire place and walkout to the backyard. The windows are changed 2019, new kitchen updates 2019, the updates bathroom and closet doors are 2019, backyard new fence 2021, basement floor are new, updated basement 2021. Close to the shopping centers and parks.
Unit Size
1,654 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$242
Property Type
House
Property Taxes
$603
HOA Dues
-
Year Built
1978

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Cap Rate Calculator

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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 #12012384)

Price History

Date / Event Date Event Price
May 16, 2024 Sold
Premium
Sold
Mar 27, 2024 Listed by Keller Williams North Shore West $400,000
Listed by Keller Williams North Shore West
Oct 6, 2021 No longer available -
No longer available
Sep 24, 2020 In contract -
In contract
Sep 22, 2020 Price Decreased $310,000
↓ $15K (4.6%)
Price Decreased
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,454
  • Total Building Area: 1,654
  • Gross Building Area: 1,654
  • Building Area: 1,654
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 5
  • Heating: 24
  • Heated Square Feet: 1,654
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUMMERFIELDS UNIT 1
  • Land Acres: 0000000240
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: SUMMERFIELDS UNIT 1 ALL

Neighborhood

  • School District Name: Keeneyville School District 20
  • School Tax School District: ROSELLE
  • Census Tract: 841104

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 2912-C4
  • Parcel: 02-04-303-007
  • Lot: 27
  • Municipality: BLOOMINGDALE
  • Latitude: 41.982
  • Longitude: -88.1048

    Address

  • Full Address: 975 Borden Dr
  • Legal Unit: 1
  • Address - House Number: 975
  • Address - Street Name: Borden
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Roselle
  • Carrier Code: C014
  • 4-Digit Zip Code: 1746
  • Zip Code: 60172

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $723,372
  • Tax Rate Code Area: 2064

    Appraisal Valuation

  • Standard Deviation: 0.1618
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 79
  • Final Value: 373,626
  • High Value: 434,091
  • Low Value: 313,161

    Market Valuation

  • Market Total Value: $300,420
  • Market Land Value: $105,570
  • Market Improvement Value: $194,850

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $100,140
  • Assessed Land Value: $35,190
  • Assessed Improvements Value: $64,950

    Sales

  • Current Sale Contract Date: Oct 29, 2020
  • Current Sale Recording Date: Nov 09, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2020-132962
  • Previous Sale Recording Date: Sep 04, 2003
  • Previous Sale Contract Date: Aug 14, 2003
  • Previous Sale Amount: $235,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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 Roselle

Stats & Trends

Median Asking:

$420,450

Sale Price/ft²

$238

Below Asking

0.01%

Average Days on Market

40

Average Home Size

2056 ft²

Average Home Age

44.6 years

Currently For Sale

29 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 118 N Prospect Street, Roselle, IL, 60172

$2,600 /mo

  • 2 Beds
  • 2 Baths
  • 1,600 ft²
118 N Prospect Street, Roselle, IL, 60172 Listing by Litsa Lekatsos

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Zilola Chulieva, Keller Williams North Shore West
Last Updated: 3 years ago
Data Source: MRED, MLS# 12012384
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 975 Borden Drive built and last sold?
The property at 975 Borden Drive was built in 1978 and last sold on Oct 29, 2020 for $312,000.
How much is this home worth?
The estimated value of the home located at 975 Borden Drive is $0.
What are some comparable homes to 975 Borden Drive?
There are currently no comparable homes to 975 Borden Drive.
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