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New Lenox 60451
1018 STONEGATE Road
$285,000
● House - Off Market

1018 STONEGATE Road

New Lenox, IL 60451
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,200 Ft²
$2,078
Est. Monthly
8.17%
Cap Rate

About This Property

ATTENTION INVESTORS/HANDYMAN SPECIAL! Fantastic ranch with awesome full finished basement featuring a fabulous bar! Includes 4 total bedrooms and 3 bathrooms.  Galley style, eat-in kitchen with hardwood floors, skylight, and pantry. Formal living room also features hardwood floors. Primary bedroom with private bath.  The basement offers a wet bar, family room, full bathroom, office/den, and plenty of storage. Main floor laundry. Large fenced yard and a cozy front porch. Oversized concrete driveway and attached 2-car garage.  Great location- close to everything! Sold as-is.  Solar Panels are leased, looking into if they can be removed.
Unit Size
1,200 Ft²
Days on Market
-
Land Size
-
Price per sqft
$229
Property Type
House
Property Taxes
$727
HOA Dues
-
Year Built
-

Payment Calculator

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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.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,833
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WINDERMERE WEST UNIT ELEVEN
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 35 IN WINDERMERE WEST UNIT 11, BEING A SUB OF PRT OF THE NW1/4 OF SEC 27, T35N-R11E.

Neighborhood

  • School District Name: Lincoln Way Community High School District 210
  • Census Tract: 881113

Geography

  • Parcel: 15-08-27-103-005
  • Lot: 35
  • Meridian: SEC 27 TWN 35N RNG 11E
  • Municipality: NEW LENOX
  • Latitude: 41.4966
  • Longitude: -87.9582

    Address

  • Full Address: 1018 Stonegate Rd
  • Legal Unit: 11
  • Address - House Number: 1018
  • Address - Street Name: Stonegate
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: New Lenox
  • Carrier Code: R009
  • 4-Digit Zip Code: 2676
  • Zip Code: 60451

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $808,464
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 1509

    Appraisal Valuation

  • Standard Deviation: 0.1504
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 81
  • Final Value: 339,700
  • High Value: 390,800
  • Low Value: 288,599

    Market Valuation

  • Market Total Value: $280,308
  • Market Land Value: $84,045
  • Market Improvement Value: $196,263

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $93,436
  • Assessed Land Value: $28,015
  • Assessed Improvements Value: $65,421

    Sales

  • Current Sale Contract Date: Aug 16, 2019
  • Current Sale Recording Date: Aug 27, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2019057600
  • Previous Sale Recording Date: May 25, 2005
  • Previous Sale Contract Date: May 20, 2005
  • Previous Sale Amount: $237,500
  • 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 New Lenox

Stats & Trends

Median Asking:

$439,450

Sale Price/ft²

$212

Below Asking

0.01%

Average Days on Market

44

Average Home Size

2217 ft²

Average Home Age

29.1 years

Currently For Sale

37 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 122 Gall Lane, New Lenox, IL, 60451

$2,895 /mo

  • 3 Beds
  • 2 Baths
  • 1,150 ft²
122 Gall Lane, New Lenox, IL, 60451 Listing by Micah Kirstein

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Stephanie Miller, Redfin Corporation
Data Source: MRED, MLS# MRD12351237
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 1018 Stonegate Road built and last sold?
The property at 1018 Stonegate Road was built in and last sold on Aug 16, 2019 for $240,000.
How much is this home worth?
The estimated value of the home located at 1018 Stonegate Road is $0.
What are some comparable homes to 1018 Stonegate Road?
There are currently no comparable homes to 1018 Stonegate Road.
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