$170,000
●
House -
Off Market
1519 Lantern Lane
Joliet, IL 60433
5 Beds
3 Baths,
1
Half Bath
5,532 Ft²
$263,107
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model
About This Property
BEAUTIFUL, UNIQUE AND SPRAWLING 5 BEDROOM AND 2.5
BATH HOME. THE HOME HAD THE ROOF, CHIMNEY, GUTTERS AND DOWN
SPOUTS REPLACED ON APRIL 2020. THE PROPERTY HAS NEWER
AC AND FURNACES. PLENTY OF STORAGE SPACE WITH NUMEROUS
BUILT IN SHELVES, CABINETS, AND PANTRY THROUGHOUT. IT
HAS 2 WOOD BURING FIREPLACES, SUN ROOM, DECK THAT OVER
LOOKS THE YARD, SAUNA ROOM, AND BUILT IN GAS GRILL. THE LOWER LEVEL
HAS A LIVING ROOM AND BED ROOM WITH A PRIVATE OUTSIDE
ENTRANCE.
Unit Size
5,532 Ft²
Days on Market
-
Land Size
0.58 acres
Price per sqft
$42
Property Type
House
Property Taxes
$495
HOA Dues
-
Year Built
1959
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Cap Rate Calculator
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Monthly Rental Income
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Operating Profit Per Year
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 #11120545)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 16, 2023 | Sold | ||
| Sold | |||
| Apr 4, 2023 | No longer available | - | |
| No longer available | |||
| Apr 1, 2023 | Listed by Fathom Realty IL LLC | $335,000 | |
| Listed by Fathom Realty IL LLC | |||
| | |||
|
Low taxes.BEAUTIFUL, UNIQUE AND SPRAWLING 5 BEDROOM AND 2.5 BATH HOME. THE HOME HAD THE ROOF, CHIMNEY, GUTTERS AND DOWN SPOUTS REPLACED ON APRIL 2020. THE PROPERTY HAS NEWER AC AND FURNACES. PLENTY OF STORAGE SPACE WITH NUMEROUS BUILT IN SHELVES, CABINETS, AND PANTRY THROUGHOUT. IT HAS 2 WOOD BURING FIREPLACES, SUN ROOM, DECK THAT OVER LOOKS THE YARD, SAUNA ROOM, AND BUILT IN GAS GRILL. THE LOWER LEVEL HAS A LIVING ROOM AND BED ROOM WITH A PRIVATE OUTSIDE ENTRANCE.5000 grant available from local chase Bank
| |||
| Feb 28, 2023 | Listed by Fathom Realty | $340,000 | |
| Listed by Fathom Realty | |||
| | |||
|
BEAUTIFUL, UNIQUE AND SPRAWLING 5 BEDROOM AND 2.5 BATH HOME. THE HOME HAD THE ROOF, CHIMNEY, GUTTERS AND DOWN SPOUTS REPLACED ON APRIL 2020. THE PROPERTY HAS NEWER AC AND FURNACES. PLENTY OF STORAGE SPACE WITH NUMEROUS BUILT IN SHELVES, CABINETS, AND PANTRY THROUGHOUT. IT HAS 2 WOOD BURING FIREPLACES, SUN ROOM, DECK THAT OVER LOOKS THE YARD, SAUNA ROOM, AND BUILT IN GAS GRILL. THE LOWER LEVEL HAS A LIVING ROOM AND BED ROOM WITH A PRIVATE OUTSIDE ENTRANCE. The manager has listed the unit size as 5532 square feet.
| |||
| Aug 30, 2021 | Sold | ||
| Sold | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Preston Heights
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Listed by: Gilberto Herrera, At Home Realty, Inc.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11120545
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.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11120545
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