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New Lenox 60451
Undisclosed Address
$440,000
● House - Off Market

Undisclosed Address

NEW LENOX, IL 60451
bedrooms
5 Beds
bathrooms
2 Baths, 1 Half Bath
$843,464
RealtyHop Estimate
87.48%
Since Jul 1, 2008
National-US
Primary Model

About This Property

AWESOME CAHIR MODEL FEATURES 4 SPACIOUS SECOND LEVEL BEDROOMS,FORMAL LIVING AND DINING ROOM AREA, GRAND KITCHEN HAS ISLAND, CUSTOM CABINETS, DINETTE EATING AREA, OVERLOOKS  GRAND FAMILY RM W/ FIREPLACE, SUPERIOR MASTER SUITE HAS HIS AND HER CLOSETS, LUXURY MASTER BATH HAS WHIRLPOOL TUB, FULL BSMT, 3 CAR GARAGE, MANY CUSTOM UPGRADES, A MUST SEE TODAY!
Unit Size
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Days on Market
-
Land Size
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Price per sqft
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Property Type
House
Property Taxes
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HOA Dues
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Year Built
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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

Air Conditioning
Garage
Parking Available
Fireplace

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: 11,326
  • 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: NELSON RIDGE
  • Land Acres: 0000000260
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 4 IN NELSON RIDGE SUB, BEING A SUB OF THE N 330 FT OF THE SE1/4 OF THE SE1/4 SEC 32,T35N-R11E.

Neighborhood

  • School District Name: Lincoln Way Community High School District 210
  • Census Tract: 881109

Geography

  • Parcel: 15-08-32-410-009
  • Lot: 4
  • Meridian: SEC 32 TWN 35N RNG 11E
  • Municipality: NEW LENOX
  • Latitude: 41.4712
  • Longitude: -87.985

    Address

  • Full Address: 1060 Brooke Ln
  • Address - House Number: 1060
  • Address - Street Name: Brooke
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: New Lenox
  • Carrier Code: R014
  • 4-Digit Zip Code: 4029
  • Zip Code: 60451

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,242,514
  • Tax Rate Code Area: 1509

    Appraisal Valuation

  • Standard Deviation: 0.0867
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 92
  • Final Value: 583,733
  • High Value: 634,387
  • Low Value: 533,078

    Market Valuation

  • Market Total Value: $430,800
  • Market Land Value: $95,487
  • Market Improvement Value: $335,313

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $143,600
  • Assessed Land Value: $31,829
  • Assessed Improvements Value: $111,771

    Sales

  • Current Sale Contract Date: Dec 19, 2023
  • Current Sale Recording Date: Dec 28, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 67410
  • Previous Sale Recording Date: Jun 18, 2008
  • Previous Sale Contract Date: May 23, 2008
  • Previous Sale Amount: $440,000
  • 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:

$439,000

Sale Price/ft²

$212

Below Asking

0.01%

Average Days on Market

43

Average Home Size

2240 ft²

Average Home Age

29.6 years

Currently For Sale

47 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 1713 Nelson Road, New Lenox, IL, 60451

$1,650 /mo

  • 2 Beds
  • 1 Bath
  • 1,000 ft²
1713 Nelson Road #10, New Lenox, IL, 60451 Listing by David Faxel

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Judy Glockler, RE/MAX 10
Data Source: MRED, MLS# MRD06500586
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 1060 Brooke Lane built and last sold?
The property at 1060 Brooke Lane was built in and last sold on Dec 19, 2023 for $570,000.
How much is this home worth?
The estimated value of the home located at 1060 Brooke Lane is $590,850.
What are some comparable homes to 1060 Brooke Lane?
There are currently no comparable homes to 1060 Brooke Lane.
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