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Bartlett 60103
1473 Newcastle Lane
$317,000
● House - Off Market

1473 Newcastle Lane

BARTLETT, IL 60103
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,300 Ft²
$511,523
RealtyHop Estimate
59.85%
Since Aug 1, 2017
National-US
Primary Model

About This Property

BRIGHT & SUNNY CORNER HOME IN FAIRFAX SUBDIVISION. THIS 2 STORY HOME OFFERS 4 + 1 (BASEMENT) BEDROOMS, 3.1 BATHS, FINISHED 2.5 CAR GARAGE, & FULL FINISHED BASEMENT. OPEN FLOORPLAN IN THE LIVING ROOM WITH CATHEDRAL CEILINGS & EXTRA-WIDE STAIRS TO SECOND FLOOR. THIS HOME HAS EXTRA STORAGE SPACE ON EVERY LEVEL. LARGE MASTER BEDROOM HAS 2 CLOSETS, DUAL SINKS, & SEPARATE SHOWER. FULL FINISHED BASEMENT IS LARGE TO HOST PARTIES & ENTERTAIN GUESTS, WITH A LARGE RECREATION ROOM, DRY BAR, 1 BEDROOM, & FULL SHOWER. ROOF, GUTTER, SOFFIT, & FASCIA IN 2015, & SIDINGS IN 2010.
Unit Size
2,300 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$139
Property Type
House
Property Taxes
$811
HOA Dues
-
Year Built
1995

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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 #09632682)

Price History

Date / Event Date Event Price
Jul 24, 2017 Sold
Premium
Sold
Jul 9, 2017 Listed $320,000
Listed
BRIGHT & SUNNY CORNER HOME IN FAIRFAX SUBDIVISION. THIS 2 STORY HOME OFFERS 4 + 1 (BASEMENT) BEDROOMS, 3.1 BATHS, FINISHED 2.5 CAR GARAGE, & FULL FINISHED BASEMENT. OPEN FLOORPLAN IN THE LIVING ROOM WITH CATHEDRAL CEILINGS & EXTRA-WIDE STAIRS TO SECOND FLOOR. THIS HOME HAS EXTRA STORAGE SPACE ON EVERY LEVEL. LARGE MASTER BEDROOM HAS 2 CLOSETS, DUAL SINKS, & SEPARATE SHOWER. FULL FINISHED BASEMENT IS LARGE TO HOST PARTIES & ENTERTAIN GUESTS, WITH A LARGE RECREATION ROOM, DRY BAR, 1 BEDROOM, & FULL SHOWER. ROOF, GUTTER, SOFFIT, & FASCIA IN 2015, & SIDINGS IN 2010.The manager has listed the unit size as 2300 square feet.
May 19, 2017 Listed by Century 21 S.G.R., Inc. $320,000
Listed by Century 21 S.G.R., Inc.

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • 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
  • Living Units: 1
  • 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: 10,454
  • Total Building Area: 2,140
  • Building Area: 2,140
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,140
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SILVERCREST UNIT 8
  • Land Acres: 0000000240
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: SILVERCREST UNIT 8 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-C1
  • Parcel: 01-13-118-013
  • Lot: 597
  • Municipality: WAYNE
  • Latitude: 41.9562
  • Longitude: -88.1624

    Address

  • Full Address: 1473 Newcastle Ln
  • Legal Unit: 8
  • Address - House Number: 1473
  • Address - Street Name: Newcastle
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Bartlett
  • Carrier Code: R011
  • 4-Digit Zip Code: 8936
  • Zip Code: 60103

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,025,342
  • Tax Rate Code Area: 1179

    Appraisal Valuation

  • Standard Deviation: 0.166
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 79
  • Final Value: 455,982
  • High Value: 531,700
  • Low Value: 380,265

    Market Valuation

  • Market Total Value: $362,190
  • Market Land Value: $93,750
  • Market Improvement Value: $268,440

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $120,730
  • Assessed Land Value: $31,250
  • Assessed Improvements Value: $89,480

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 20, 2017
  • Current Sale Recording Date: Jul 24, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2017-074299
  • Previous Sale Recording Date: Sep 09, 1997
  • Previous Sale Contract Date: Apr 09, 1997
  • Previous Sale Document Type: 69
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

1986 ft²

Average Home Age

25.7 years

Currently For Sale

63 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: , Century 21 S.G.R., Inc.
Last Updated: 3 years ago
Data Source: MRED, MLS# 09632682
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 1473 Newcastle Lane built and last sold?
The property at 1473 Newcastle Lane was built in 1995 and last sold on Jul 20, 2017 for $317,000.
How much is this home worth?
The estimated value of the home located at 1473 Newcastle Lane is $0.
What are some comparable homes to 1473 Newcastle Lane?
There are currently no comparable homes to 1473 Newcastle Lane.
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