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New Lenox 60451
114 Central Road
$259,000
● House - Off Market

114 Central Road

New Lenox, IL 60451
bedrooms
3 Beds
bathrooms
3 Baths, 2 Half Baths
$387,421
RealtyHop Estimate
49.58%
Since Apr 1, 2019
National-US
Primary Model

About This Property

Great ranch with full finished basement.  Recent updates include furnace and ac, Hot water heater, windows, siding, concrete drive, hardwood floors and front porch. Cozy family room with brick fireplace, spacious living room and updated kitchen featuring granite counters and new cabinets.  Large dining area in kitchen. Finished basement with bath, bar area, exercise room with rubber floors, to cushion your workouts. 22x12 enclosed back porch lets you enjoy the wooded backyard. Large Storage shed with overhead door, car port (great place to store boat, camper ,etc) 3 car garage has a 2 car overhead door and a third bay work space. 24' above ground pool.
Unit Size
-
Days on Market
-
Land Size
0.40 acres
Price per sqft
-
Property Type
House
Property Taxes
$211
HOA Dues
-
Year Built
-

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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.

Last updated: 3 years ago (MRED MLS #10274245)

Price History

Date / Event Date Event Price
Mar 14, 2019 Sold
Premium
Sold
Feb 13, 2019 Listed by CRIS REALTY $259,000
Listed by CRIS REALTY

Property Highlights

Garage
Air Conditioning
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: 17,344
  • 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: ARTHUR T MCINTOSH CO'S NEW LENOX ESTA
  • Land Acres: 0000000400
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: THAT PRT OF LOT 69 IN ARTHUR T MCINTOSH CO'S NEW LENOX ESTATES UNIT 2 IN NE1/4 OF SEC 21, T35N-R11E, LYG W OF A STRAIGHT LN

Neighborhood

  • School District Name: Lincoln Way Community High School District 210
  • Census Tract: 881111

Geography

  • Parcel: 15-08-21-213-022
  • Lot: 69
  • Meridian: SEC 21 TWN 35N RNG 11E
  • Municipality: NEW LENOX
  • Latitude: 41.506
  • Longitude: -87.9666

    Address

  • Full Address: 114 Central Rd
  • Legal Unit: 2
  • Address - House Number: 114
  • Address - Street Name: Central
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: New Lenox
  • Carrier Code: C010
  • 4-Digit Zip Code: 2104
  • Zip Code: 60451

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $272,878
  • Tax Rate Code Area: 1509

    Appraisal Valuation

  • Standard Deviation: 0.1484
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 82
  • Final Value: 252,093
  • High Value: 289,507
  • Low Value: 214,680

    Market Valuation

  • Market Total Value: $127,611
  • Market Land Value: $61,983
  • Market Improvement Value: $65,628

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $42,537
  • Assessed Land Value: $20,661
  • Assessed Improvements Value: $21,876

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 02, 2021
  • Current Sale Recording Date: Jun 04, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2021062102
  • Previous Sale Recording Date: Mar 20, 2019
  • Previous Sale Contract Date: Mar 14, 2019
  • Previous Sale Amount: $259,000
  • 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:

$440,000

Sale Price/ft²

$212

Below Asking

0.01%

Average Days on Market

44

Average Home Size

2345 ft²

Average Home Age

27.6 years

Currently For Sale

43 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: Sharon Ahrweiler, CRIS REALTY
Last Updated: 3 years ago
Data Source: MRED, MLS# 10274245
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 114 Central Road built and last sold?
The property at 114 Central Road was built in and last sold on Jun 2, 2021 for $321,000.
How much is this home worth?
The estimated value of the home located at 114 Central Road is $261,590.
What are some comparable homes to 114 Central Road?
There are currently no comparable homes to 114 Central Road.
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