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Bartlett 60103
1316 Newcastle Lane
$402,500
● House - Off Market

1316 Newcastle Lane

Bartlett, IL 60103
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,156 Ft²
$413,091
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

IMMACULATE HOME IN FAIRFAX CROSSINGS. SHOWS LIKE A MODEL WITH DRAMATIC TWO STORY ENTRY & LIVING ROOM WITH NEUTRAL CARPET, BEAUTIFUL HARDWOOD FLOORS IN FAMILY ROOM AND KITCHEN.  MASTER SUITE FEATURES WALK-IN AND SECOND CLOSET, CATHEDRAL CEILING, BATH OFFERS DOUBLE VANITIES. PROFESSIONAL FINISHED BASEMENT.  FABULOUS LOCATION.1 BLOCK FROM SCHOOL
Unit Size
2,156 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$190
Property Type
House
Property Taxes
$824
HOA Dues
-
Year Built
1993

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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 #11341543)

Price History

Date / Event Date Event Price
May 24, 2022 Sold
Premium
Sold
Mar 8, 2022 Listed by Keller Williams Momentum $409,900
Listed by Keller Williams Momentum

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,019
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,276
  • Total Building Area: 2,156
  • Gross Building Area: 2,156
  • Building Area: 2,156
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,156
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SILVERCREST UNIT 6
  • Land Acres: 0000000190
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: SILVERCREST UNIT 6 ALL

Neighborhood

  • School District Name: School District U-46
  • School Tax School District: DISTRICT 46
  • Census Tract: 841321

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 2967-B1
  • Parcel: 01-14-225-021
  • Lot: 465
  • Municipality: WAYNE
  • Latitude: 41.9573
  • Longitude: -88.169

    Address

  • Full Address: 1316 Newcastle Ln
  • Legal Unit: 6
  • Address - House Number: 1316
  • Address - Street Name: Newcastle
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Bartlett
  • Carrier Code: R011
  • 4-Digit Zip Code: 8928
  • Zip Code: 60103

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $992,672
  • Tax Rate Code Area: 1150

    Appraisal Valuation

  • Standard Deviation: 0.1571
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 80
  • Final Value: 462,155
  • High Value: 534,800
  • Low Value: 389,511

    Market Valuation

  • Market Total Value: $358,800
  • Market Land Value: $93,750
  • Market Improvement Value: $265,050

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $119,600
  • Assessed Land Value: $31,250
  • Assessed Improvements Value: $88,350

    Sales

  • Current Sale Contract Date: Apr 15, 2022
  • Current Sale Recording Date: Jun 13, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 56876
  • Previous Sale Recording Date: Jul 07, 2003
  • Previous Sale Contract Date: Jun 17, 2003
  • Previous Sale Amount: $329,000
  • 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 Bartlett

Stats & Trends

Median Asking:

$419,900

Sale Price/ft²

$231

Below Asking

0.01%

Average Days on Market

44

Average Home Size

1984 ft²

Average Home Age

27.4 years

Currently For Sale

64 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 982 Valleyview Drive, Bartlett, IL, 60103

$3,350 /mo

  • 4 Beds
  • 2 Baths
  • 2,028 ft²
982 Valleyview Drive, Bartlett, IL, 60103 Listing by Kelly Dunlop
Unit for rent at 342 W Jervey Lane, Bartlett, IL, 60103

$3,350 /mo

  • 4 Beds
  • 2 Baths
  • 1,500 ft²
342 W Jervey Lane #342, Bartlett, IL, 60103 Listing by Ed Calusinski

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Jeff Broll, Keller Williams Momentum
Last Updated: 3 years ago
Data Source: MRED, MLS# 11341543
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 1316 Newcastle Lane built and last sold?
The property at 1316 Newcastle Lane was built in 1993 and last sold on Apr 15, 2022 for $402,500.
How much is this home worth?
The estimated value of the home located at 1316 Newcastle Lane is $0.
What are some comparable homes to 1316 Newcastle Lane?
There are currently no comparable homes to 1316 Newcastle Lane.
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