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Will 60451
12442 Emily Lane
$227,000
● Land - Off Market

12442 Emily Lane

MOKENA, IL 60448
bedrooms
Studio
bathrooms
0 Bath
$433,871
RealtyHop Estimate
80.78%
Since May 1, 2015
National-US
Primary Model

About This Property

PERFECT LOCATION TO BUILD YOUR DREAM HOME IN FOXBOROUGH LAKE ESTATES WITH ROLLING WOODED TERRAIN,TREESCAPES,NATURAL OPEN SPACE& BIKE PATHS. AWARD WINNING LINCOLNWAY CENTRAL SCHOOL & LAKE MICH. WATER. CLOSE TO METRA, SHOPPING AND I-80.  DON'T MISS THIS OPPORTUNITY TO PURCHASE A LOT IN THIS HIGHLY DESIRABLE SUBDIVISION. SOIL TEST DONE, LOT CLEARED READY TO BUILD WITH A WALK OUT BASEMENT
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Land
Property Taxes
$292
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.

Last updated: 3 years ago (MRED MLS #08730728)

Price History

Date / Event Date Event Price
Apr 29, 2015 Sold
Premium
Sold
Sep 17, 2014 Listed by RE/MAX All Properties $240,000
Listed by RE/MAX All Properties

Property Highlights

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: 38,768
  • 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: FOXBOROUGH ESTATES
  • Land Acres: 0000000890
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 171 IN FOXBOROUGH ESTATES, BEING A SUB IN THE S1/2 OF SEC 12 IN THE NW1/4 OF SEC 13, T35N-R11E.

Neighborhood

  • School District Name: Lincoln Way Community High School District 210
  • Census Tract: 881105

Geography

  • Parcel: 15-08-13-102-020
  • Lot: 171
  • Meridian: SEC 13 TWN 35N RNG 11E
  • Municipality: NEW LENOX
  • Latitude: 41.5213
  • Longitude: -87.9198

    Address

  • Full Address: 12442 Emily Ln
  • Address - House Number: 12442
  • Address - Street Name: Emily
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Mokena
  • Carrier Code: R034
  • 4-Digit Zip Code: 2065
  • Zip Code: 60448

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,869,052
  • Tax Rate Code Area: 1535

    Market Valuation

  • Market Total Value: $892,509
  • Market Land Value: $165,876
  • Market Improvement Value: $726,633

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $297,503
  • Assessed Land Value: $55,292
  • Assessed Improvements Value: $242,211

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 22, 2016
  • Current Sale Recording Date: Aug 19, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2016064400
  • Previous Sale Recording Date: May 20, 2015
  • Previous Sale Contract Date: Apr 13, 2015
  • Previous Sale Amount: $227,000
  • 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 Will

Stats & Trends

Median Asking:

$389,900

Sale Price/ft²

$205

Below Asking

0.01%

Average Days on Market

47

Average Home Size

2370 ft²

Average Home Age

33.4 years

Currently For Sale

1506 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: Linda Tuller, RE/MAX All Properties
Last Updated: 3 years ago
Data Source: MRED, MLS# 08730728
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 12442 Emily Lane built and last sold?
The property at 12442 Emily Lane was built in and last sold on Jul 22, 2016 for $200,000.
How much is this home worth?
The estimated value of the home located at 12442 Emily Lane is $242,400.
What are some comparable homes to 12442 Emily Lane?
There are currently no comparable homes to 12442 Emily Lane.
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