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Kankakee 60964
1418 Oakleaf Drive
$342,000
● House - Off Market

1418 Oakleaf Drive

St. Anne, IL 60964
bedrooms
3 Beds
bathrooms
3 Baths
square feet
3,800 Ft²
$2,165
Est. Monthly
6.35%
Cap Rate

About This Property

Welcome to Your Dream Home in St. Anne!  This spacious property provides beautiful wooded surroundings close to the Kankakee River, perfect for gardening and enjoying the serene natural environment. Despite its peaceful setting, the home is just a short drive to town for groceries, gas, Ryan's Pier restaurant, a boat launch, and much more.
Unit Size
3,800 Ft²
Days on Market
-
Land Size
-
Price per sqft
$89
Property Type
House
Property Taxes
$500
HOA Dues
-
Year Built
-

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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 #12123579)

Price History

Date / Event Date Event Price
Sep 16, 2024 Sold
Premium
Sold
Aug 1, 2024 In contract -
In contract
Jul 29, 2024 Listed by Redfin Corporation $338,900
Listed by Redfin Corporation

Property Highlights

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: 18,266
  • 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: HIELAND ACRES 1ST ADD
  • Land Acres: 0000000419
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: HIELAND ACRES 1ST ADDN LOT 35 07-30-12W

Neighborhood

  • School District Name: Kankakee School District 111
  • Census Tract: 011200

Zoning

  • Zoning: R1

Geography

  • District: 12
  • Parcel: 12-18-07-402-001
  • Lot: 35
  • Municipality: AROMA
  • Latitude: 41.0995
  • Longitude: -87.7593

    Address

  • Full Address: 1418 Oakleaf Dr
  • Address - House Number: 1418
  • Address - Street Name: Oakleaf
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Saint Anne
  • Carrier Code: R003
  • 4-Digit Zip Code: 4459
  • Zip Code: 60964

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $562,276
  • Tax Rate Code Area: 12003

    Appraisal Valuation

  • Standard Deviation: 0.111
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 88
  • Final Value: 349,396
  • High Value: 387,969
  • Low Value: 310,824

    Market Valuation

  • Market Total Value: $230,346
  • Market Land Value: $18,093
  • Market Improvement Value: $212,253

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $76,782
  • Assessed Land Value: $6,031
  • Assessed Improvements Value: $70,751

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 14, 2010
  • Current Sale Recording Date: Jan 24, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 36
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 Kankakee

Stats & Trends

Median Asking:

$234,900

Sale Price/ft²

$160

Below Asking

0.02%

Average Days on Market

54

Average Home Size

1865 ft²

Average Home Age

59.9 years

Currently For Sale

198 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

Rentals Near You

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MRED

Listed by: Kimberly Brown-Lewis, Redfin Corporation
Last Updated: 3 years ago
Data Source: MRED, MLS# 12123579
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 1418 Oak Leaf Drive built and last sold?
The property at 1418 Oak Leaf Drive was built in and last sold on Dec 14, 2010 for $245,000.
How much is this home worth?
The estimated value of the home located at 1418 Oak Leaf Drive is $358,467.
What are some comparable homes to 1418 Oak Leaf Drive?
There are currently no comparable homes to 1418 Oak Leaf Drive.
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