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Richmond 60071
10709 Mallard Lane
$440,000
● House - Off Market

10709 Mallard Lane

Richmond, IL 60071
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,682 Ft²
$2,670
Est. Monthly
$15
HOA / Fees
Unit Size
2,682 Ft²
Days on Market
-
Land Size
-
Price per sqft
$147
Property Type
House
Property Taxes
$714
HOA Dues
$15
Year Built
2011

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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.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2011
  • Effective Year Built: 2011
  • Bedroom Count: 3
  • 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 Count: 100
  • 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: 13,068
  • Total Building Area: 1,941
  • Building Area: 1,941
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,941
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUNSET RIDGE ESTS PHASE III
  • Land Acres: 0000000300
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2012R0041756 (RE-RECORD) LT 180 SUNSET RIDGE ESTS PHASE III

Neighborhood

  • School District Name: Richmond-Burton Community High School District 157
  • Census Tract: 870104

Geography

  • Subdivision Phase Number: 3
  • Parcel: 04-09-277-007
  • Lot: 180
  • Municipality: RICHMOND TWP
  • Latitude: 42.4825
  • Longitude: -88.2975

    Address

  • Full Address: 10709 Mallard Ln
  • Address - House Number: 10709
  • Address - Street Name: Mallard
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Richmond
  • Carrier Code: R001
  • 4-Digit Zip Code: 9260
  • Zip Code: 60071

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $821,812
  • Tax Rate Code Area: 04001

    Appraisal Valuation

  • Standard Deviation: 0.151
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 81
  • Final Value: 373,205
  • High Value: 429,586
  • Low Value: 316,824

    Market Valuation

  • Market Total Value: $300,363
  • Market Land Value: $58,095
  • Market Improvement Value: $242,268

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $100,121
  • Assessed Land Value: $19,365
  • Assessed Improvements Value: $80,756

    Sales

  • Current Sale Contract Date: Oct 23, 2011
  • Current Sale Recording Date: Nov 07, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2011R0044978

    Financing

  • First Mortgage Financing Type: VAR
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 Richmond

Stats & Trends

Median Asking:

$340,000

Sale Price/ft²

$200

Below Asking

0.01%

Average Days on Market

50

Average Home Size

3111 ft²

Average Home Age

106 years

Currently For Sale

3 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: Rachael West, eXp Realty
Data Source: MRED, MLS# MRD12581809
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 10709 Mallard Lane built and last sold?
The property at 10709 Mallard Lane was built in 2011 and last sold on Oct 23, 2011 for $271,393.
How much is this home worth?
The estimated value of the home located at 10709 Mallard Lane is $0.
What are some comparable homes to 10709 Mallard Lane?
There are currently no comparable homes to 10709 Mallard Lane.
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