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Will 60451
1551 W Maple Road
$365,500
● House - Off Market

1551 W Maple Road

New Lenox, IL 60451
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
$333,724
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

Lovely tri-level on a beautiful wooded acre lot, adjacent to forest preserve to the north and west ~ enjoy nature in this serene setting year round! Home features three bedrooms, 2 1/2 bathrooms, large eat in kitchen with pantries, hardwood floors under carpet in bedrooms & stairs, per seller ~ alarm system, whole house fan ~ storage in lower level with walkout to yard ~ Close to interstate access ~ This one is a must see!
Unit Size
-
Days on Market
-
Land Size
1.00 acres
Price per sqft
-
Property Type
House
Property Taxes
$466
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 #11413576)

Price History

Date / Event Date Event Price
Jun 28, 2022 Sold
Premium
Sold
May 24, 2022 Listed by Dunn & Niemann Real Estate $329,900
Listed by Dunn & Niemann Real Estate

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: 43,560
  • 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
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: THE W 132 FT OF THE E 528 FT OF THE S 330 FT OF THE SE1/4 OF THE NW1/4 OF SEC. 5, T35N-R11E.

Neighborhood

  • School District Name: Lincoln Way Community High School District 210
  • Census Tract: 881108

Geography

  • Parcel: 15-08-05-100-006
  • Meridian: SEC 05 TWN 35N RNG 11E
  • Municipality: NEW LENOX
  • Latitude: 41.5482
  • Longitude: -87.9977

    Address

  • Full Address: 1551 W Maple Rd
  • Address - House Number: 1551
  • Street Direction: W
  • Address - Street Name: Maple
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: New Lenox
  • Carrier Code: R005
  • 4-Digit Zip Code: 3546
  • Zip Code: 60451

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $733,412
  • Tax Rate Code Area: 1509

    Appraisal Valuation

  • Standard Deviation: 0.1552
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 80
  • Final Value: 360,179
  • High Value: 416,105
  • Low Value: 304,253

    Market Valuation

  • Market Total Value: $272,286
  • Market Land Value: $71,385
  • Market Improvement Value: $200,901

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $90,762
  • Assessed Land Value: $23,795
  • Assessed Improvements Value: $66,967

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 27, 2022
  • Current Sale Recording Date: Jul 12, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 53047
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 Will

Stats & Trends

Median Asking:

$389,900

Sale Price/ft²

$205

Below Asking

0.01%

Average Days on Market

47

Average Home Size

2373 ft²

Average Home Age

33 years

Currently For Sale

1528 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

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MRED

Listed by: Cheryl Colanto, Dunn & Niemann Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11413576
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 1551 West Maple Road built and last sold?
The property at 1551 West Maple Road was built in and last sold on Jun 27, 2022 for $365,500.
How much is this home worth?
The estimated value of the home located at 1551 West Maple Road is $0.
What are some comparable homes to 1551 West Maple Road?
There are currently no comparable homes to 1551 West Maple Road.
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