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Joliet 60431
1206 Stonecrop Lane
$245,000
● House - Off Market

1206 Stonecrop Lane

Joliet, IL 60431
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,926 Ft²
$283,800
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

Check out the 3D Tour and photos of this Lakewood Prairie home, or better yet, make an appointment to see it today. Freshly painted and new flooring throughout this home is move-in ready! Light and bright home features lots of windows and open floor plan. Master Bedroom boasts vaulted ceiling, walk in closet, and private bathroom with double vanity, separate jetted tub and shower. Unfinished basement. Large backyard. Enjoy the subdivision neighborhood pool, club house, & tennis.  Conveniently located near schools, parks, shopping, dining, and Interstates.
Unit Size
1,926 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$130
Property Type
House
Property Taxes
$443
HOA Dues
$45
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.

Last updated: 3 years ago (MRED MLS #11174542)

Price History

Date / Event Date Event Price
Sep 7, 2021 Sold
Premium
Sold
Jul 30, 2021 Listed by Keller Williams Infinity $250,000
Listed by Keller Williams Infinity

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: 4,822
  • 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: LAKEWOOD PRAIRIE
  • Land Acres: 0000000111
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: LT 261 LAKEWOOD PRAIRIE UNIT 2 (EXC CM SW COR SD LT NW 44.53 NE 107.5 SE 44.53 SW 107.49 TO POB CITY OF JOLIET

Neighborhood

  • School District Name: Minooka Community High School District 111
  • Census Tract: 890703

Geography

  • Assessors Map Reference: 3495-A2
  • Parcel: 09-01-177-028
  • Lot: 261
  • Municipality: SEWARD TOWNSHIP
  • Latitude: 41.5429
  • Longitude: -88.267

    Address

  • Full Address: 1206 Stonecrop Ln
  • Address - House Number: 1206
  • Address - Street Name: Stonecrop
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Joliet
  • Carrier Code: R032
  • 4-Digit Zip Code: 7880
  • Zip Code: 60431

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $619,574
  • Tax Rate Code Area: SE008

    Appraisal Valuation

  • Standard Deviation: 0.1539
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 81
  • Final Value: 300,637
  • High Value: 346,926
  • Low Value: 254,348

    Market Valuation

  • Market Total Value: $229,257
  • Market Land Value: $23,640
  • Market Improvement Value: $205,617

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $76,419
  • Assessed Land Value: $7,880
  • Assessed Improvements Value: $68,539

    Sales

  • Current Sale Contract Date: Sep 03, 2021
  • Current Sale Recording Date: Oct 04, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 202100025810
  • Previous Sale Recording Date: Jul 09, 2009
  • Previous Sale Contract Date: Apr 29, 2009
  • Previous Sale Document Type: 64

    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 Joliet

Stats & Trends

Median Asking:

$340,000

Sale Price/ft²

$192

Above Asking

0.00%

Average Days on Market

46

Average Home Size

1860 ft²

Average Home Age

43.3 years

Currently For Sale

281 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 1814 Springside Drive, Plainfield, IL, 60586

$3,600 /mo

  • 4 Beds
  • 2 Baths
  • 2,308 ft²
1814 Springside Drive, Plainfield, IL, 60586 Listing by Louie Ruffolo

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Matt Grander, Keller Williams Infinity
Last Updated: 3 years ago
Data Source: MRED, MLS# 11174542
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 1206 Stonecrop Lane built and last sold?
The property at 1206 Stonecrop Lane was built in and last sold on Sep 3, 2021 for $245,000.
How much is this home worth?
The estimated value of the home located at 1206 Stonecrop Lane is $257,560.
What are some comparable homes to 1206 Stonecrop Lane?
There are currently no comparable homes to 1206 Stonecrop Lane.
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