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Joliet 60436 Reedwood
10 Earl Avenue
$219,900
● House - Off Market

10 Earl Avenue

Joliet, IL 60436
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,316 Ft²
$1,560
Est. Monthly
11.57%
Cap Rate

About This Property

Single level living with lots of space in this sprawling ranch home!  Massive kitchen with all appliances, family room and 3 seasons room.   3 bedrooms, 1.1 baths.   Furnace was installed 2018, the AC condenser is less than 1 year old. refrigerator is 1 year old, new breaker box in 2018, new plumbing in 2018 Newer luxury vinyl flooring, updated bathrooms.  Full basement and attached garage.  Private back yard.  Close to shopping, highways, restaurants.
Unit Size
1,316 Ft²
Days on Market
-
Land Size
-
Price per sqft
$167
Property Type
House
Property Taxes
$480
HOA Dues
-
Year Built
1961

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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: 2 years ago (MRED MLS #12189452)

Price History

Date / Event Date Event Price
Nov 27, 2024 Sold
Premium
Sold
Oct 21, 2024 In contract -
In contract
Oct 17, 2024 Listed by Coldwell Banker Real Estate Group $219,900
Listed by Coldwell Banker Real Estate Group

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 360
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,600
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,676
  • Building Area: 1,316
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,316
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HYDE PARK
  • Land Acres: 0000000150
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: THE N 43.3 FT OF LOT 47 ALSO THE S 57.3 FT OF THE N 182.3 FT OF THE W 107.0 FT OF PRT SD E1/2 NW1/4 SEC 17, LYG E OF THE E L

Neighborhood

  • School District Name: Joliet Public School District 86
  • Census Tract: 882701

Geography

  • Parcel: 30-07-17-102-005
  • Lot: 47
  • Meridian: SEC 17 TWN 35N RNG 10E
  • Municipality: JOLIET
  • Latitude: 41.5224
  • Longitude: -88.1136

    Address

  • Full Address: 10 Earl Ave
  • Address - House Number: 10
  • Address - Street Name: Earl
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Joliet
  • Carrier Code: C050
  • 4-Digit Zip Code: 1415
  • Zip Code: 60436

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $539,542
  • Tax Rate Code Area: 3011

    Appraisal Valuation

  • Standard Deviation: 0.1758
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 77
  • Final Value: 216,412
  • High Value: 254,466
  • Low Value: 178,358

    Market Valuation

  • Market Total Value: $175,269
  • Market Land Value: $33,285
  • Market Improvement Value: $141,984

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $58,423
  • Assessed Land Value: $11,095
  • Assessed Improvements Value: $47,328

    Sales

  • Current Sale Contract Date: Jun 21, 2018
  • Current Sale Recording Date: Jul 16, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2018048545
  • Previous Sale Recording Date: Nov 07, 2007
  • Previous Sale Contract Date: Oct 08, 2007
  • Previous Sale Amount: $118,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: FIX
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 Reedwood

Stats & Trends

Median Asking:

$249,999

Sale Price/ft²

$197

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1648 ft²

Average Home Age

82.8 years

Currently For Sale

5 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

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MRED

Listed by: Ellen Williams, Coldwell Banker Real Estate Group
Last Updated: 2 years ago
Data Source: MRED, MLS# 12189452
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 10 Earl Avenue built and last sold?
The property at 10 Earl Avenue was built in 1961 and last sold on Jun 21, 2018 for $124,000.
How much is this home worth?
The estimated value of the home located at 10 Earl Avenue is $0.
What are some comparable homes to 10 Earl Avenue?
There are currently no comparable homes to 10 Earl Avenue.
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