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Joliet 60586
1301 Betty Drive
$349,900
● House - Off Market

1301 Betty Drive

Plainfield, IL 60586
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,620 Ft²
$2,310
Est. Monthly
$13
HOA / Fees
6.70%
Cap Rate

About This Property

Step inside this gorgeous 3bed 2.5 bath in PRIME Plainfield location! This home features a very desirable open floor plan in sought after Eagle Ridge subdivision. Vaulted ceilings welcome you at the foyer with neutral paint and plenty of updated fixtures throughout! First floor features formal dining, cozy living room, spacious kitchen and sunk in family room with new canned lights. Upper level includes OVERSIZED master bedroom, walk in closet and private master bathroom. Hallway full bathroom for the remaining 2 large bedrooms. Not to mention the finished basement with built in wet bar! Backyard features large concrete patio to entertain in these coming spring/summer months. Great access to I55 & I80. Minutes from route 59 shopping and dining + WALKABLE to both Troy WBO (5th-6th) and Troy Middle School (7th-8th).
Unit Size
1,620 Ft²
Days on Market
-
Land Size
-
Price per sqft
$216
Property Type
House
Property Taxes
$579
HOA Dues
$13
Year Built
2002

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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 #12003775)

Price History

Date / Event Date Event Price
May 10, 2024 Sold
Premium
Sold
Mar 14, 2024 Listed by Compass $349,900
Listed by Compass

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 8
  • Basement Area: 396
  • Garage Type: 1
  • Garage Square Area: 484
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,438
  • Total Building Area: 2,457
  • Building Area: 1,577
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,577
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EAGLE RIDGE UNIT 3 PHASE 2
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 175 IN EAGLE RIDGE SUB UNIT 3, PHASE 2, BEING A SUB OF PRT OF THE NE1/4 OF SEC. 5, T35N-R9E.

Neighborhood

  • School District Name: Troy Community Consolidated School District 30C
  • Census Tract: 883218

Geography

  • Subdivision Phase Number: 2
  • Parcel: 05-06-05-207-012
  • Lot: 175
  • Meridian: SEC 05 TWN 35N RNG 09E
  • Municipality: TROY
  • Latitude: 41.5451
  • Longitude: -88.2235

    Address

  • Full Address: 1301 Betty Dr
  • Legal Unit: 3
  • Address - House Number: 1301
  • Address - Street Name: Betty
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Plainfield
  • Carrier Code: R032
  • 4-Digit Zip Code: 2249
  • Zip Code: 60586

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $694,760
  • Tax Rate Code Area: 0520

    Appraisal Valuation

  • Standard Deviation: 0.1884
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 75
  • Final Value: 298,740
  • High Value: 355,025
  • Low Value: 242,455

    Market Valuation

  • Market Total Value: $242,565
  • Market Land Value: $44,883
  • Market Improvement Value: $197,682

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $80,855
  • Assessed Land Value: $14,961
  • Assessed Improvements Value: $65,894

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 21, 2007
  • Current Sale Recording Date: Sep 06, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2007133454
  • Previous Sale Recording Date: Jul 26, 2002
  • Previous Sale Contract Date: Jul 20, 2002
  • Previous Sale Amount: $165,000
  • 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 Joliet

Stats & Trends

Median Asking:

$340,000

Sale Price/ft²

$192

Above Asking

0.00%

Average Days on Market

46

Average Home Size

1889 ft²

Average Home Age

41.3 years

Currently For Sale

274 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 1804 Parkside Drive, Shorewood, IL, 60404

$2,400 /mo

  • 3 Beds
  • 2 Baths
  • 1,560 ft²
1804 Parkside Drive, Shorewood, IL, 60404 Listing by Michele Nixon
Unit for rent at 4917 Montauk Drive, Plainfield, IL, 60586

$2,500 /mo

  • 3 Beds
  • 1 Bath
  • 1,484 ft²
4917 Montauk Drive #4917, Plainfield, IL, 60586 Listing by Sebastian Hila

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Tyler Bockholdt, Compass
Last Updated: 3 years ago
Data Source: MRED, MLS# 12003775
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 1301 Betty Drive built and last sold?
The property at 1301 Betty Drive was built in 2002 and last sold on Aug 21, 2007 for $232,000.
How much is this home worth?
The estimated value of the home located at 1301 Betty Drive is $0.
What are some comparable homes to 1301 Betty Drive?
There are currently no comparable homes to 1301 Betty Drive.
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