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Pingree Grove 60140
1445 Broadland Drive
$420,000
● House - Off Market

1445 Broadland Drive

Pingree Grove, IL 60140
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,018 Ft²
$3,005
Est. Monthly
$83
HOA / Fees
6.75%
Cap Rate

About This Property

Welcome to 1445 Broadland Drive, a spacious 4-bedroom, 2.5-bathroom home in Pingree Grove! With 3018 sq ft of freshly painted and newly floored living space, this gem features a primary suite with dual vanities, a soaker tub, and a separate shower. Enjoy the large loft, formal dining room, and a full basement. The huge fenced yard is perfect for outdoor fun. Freshly seal-coated driveway too! Move right in!
Unit Size
3,018 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$136
Property Type
House
Property Taxes
$909
HOA Dues
$83
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 #12144364)

Price History

Date / Event Date Event Price
Sep 27, 2024 Sold
Premium
Sold
Sep 6, 2024 In contract -
In contract
Aug 27, 2024 Listed by Compass $409,900
Listed by Compass

Property Highlights

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: 10,019
  • 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: CAMBRIDGE LAKES
  • Land Acres: 0000000230
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: CAMBRIDGE LAKES UNIT 12 LT 1198

Neighborhood

  • School District Name: Community Unit School District 300
  • Census Tract: 850710

Geography

  • Parcel: 02-29-326-020
  • Lot: 1198
  • Municipality: RUTLAND
  • Latitude: 42.088
  • Longitude: -88.4429

    Address

  • Full Address: 1445 Broadland Dr
  • Legal Unit: 12
  • Address - House Number: 1445
  • Address - Street Name: Broadland
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Pingree Grove
  • Carrier Code: R010
  • 4-Digit Zip Code: 2069
  • Zip Code: 60140

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,042,124
  • Tax Rate Code Area: RU058

    Appraisal Valuation

  • Standard Deviation: 0.1375
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 83
  • Final Value: 435,187
  • High Value: 495,057
  • Low Value: 375,317

    Market Valuation

  • Market Total Value: $349,724
  • Market Land Value: $77,014
  • Market Improvement Value: $272,710

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $116,528
  • Assessed Land Value: $25,661
  • Assessed Improvements Value: $90,867

    Sales

  • Current Sale Contract Date: Jul 19, 2017
  • Current Sale Recording Date: Aug 25, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2017K044659
  • Previous Sale Recording Date: Jun 17, 2015
  • Previous Sale Contract Date: May 21, 2015
  • Previous Sale Amount: $276,000
  • 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 Pingree Grove

Stats & Trends

Median Asking:

$350,000

Sale Price/ft²

$186

Below Asking

0.01%

Average Days on Market

49

Average Home Size

2004 ft²

Average Home Age

14.6 years

Currently For Sale

23 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: Frank DeNovi, Compass
Last Updated: 3 years ago
Data Source: MRED, MLS# 12144364
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 1445 Broadland Drive built and last sold?
The property at 1445 Broadland Drive was built in and last sold on Jul 19, 2017 for $290,000.
How much is this home worth?
The estimated value of the home located at 1445 Broadland Drive is $0.
What are some comparable homes to 1445 Broadland Drive?
There are currently no comparable homes to 1445 Broadland Drive.
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