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Wheaton 60187
1602 W York Lane
$315,000
● House - Off Market

1602 W York Lane

Wheaton, IL 60187
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,320 Ft²
$332,420
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

A Beautiful & Rarely Offered 4 Bedroom Cape Cod. This home offers a Wonderful 1st Floor Master Bedroom Addition. Recently Remodeled Kitchen and Bath. New White Cabinets, White Quartz Countertops, Stainless Steel Appliances & Wood Laminate Wide Plank Flooring.  Brand New Hot Water Tank 2022.  Newer Furnace, replaced in 2016.  New Siding 2021 & New front porch 2021.  Bright Home with lots of Natural Light. Private and Quiet Location Surrounded by lots of New Construction Homes. Convenient Walkability to Downtown Wheaton & Downtown Glen Ellyn plus Convenient to Metra Transportation. Large Back Yard includes a Paver Patio with sitting wall & Partially Fenced yard. Long Driveway leads to a Large 2.5 car garage. Swing/play Set included.
Unit Size
1,320 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$239
Property Type
House
Property Taxes
$477
HOA Dues
-
Year Built
1950

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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 #11657353)

Price History

Date / Event Date Event Price
Nov 22, 2022 Sold
Premium
Sold
Oct 20, 2022 Listed by Providence Residential Brokerage LLC $315,000
Listed by Providence Residential Brokerage LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,841
  • Lot Size Depth Feet: 150
  • Lot Size Frontage Feet: 52
  • Total Building Area: 1,320
  • Gross Building Area: 1,320
  • Building Area: 1,320
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,320
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MC INTOSH LORRAINE RD SUB
  • Land Acres: 0000000180
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: MC INTOSH LORRAINE RD SUB

Neighborhood

  • School District Name: Community Unit School District 200
  • School Tax School District: DISTRICT 200
  • Census Tract: 842400

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 3024-E7
  • Parcel: 05-15-306-006
  • Block: 5
  • Lot: 13
  • Municipality: MILTON
  • Latitude: 41.8651
  • Longitude: -88.0842

    Address

  • Full Address: 1602 W York Ln
  • Address - House Number: 1602
  • Street Direction: W
  • Address - Street Name: York
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Wheaton
  • Carrier Code: C006
  • 4-Digit Zip Code: 5875
  • Zip Code: 60187

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $532,218
  • Tax Rate Code Area: 5012

    Appraisal Valuation

  • Standard Deviation: 0.1739
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 77
  • Final Value: 342,517
  • High Value: 402,087
  • Low Value: 282,947

    Market Valuation

  • Market Total Value: $248,550
  • Market Land Value: $76,290
  • Market Improvement Value: $172,260

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $82,850
  • Assessed Land Value: $25,430
  • Assessed Improvements Value: $57,420

    Sales

  • Current Sale Contract Date: Nov 16, 2022
  • Current Sale Recording Date: Nov 30, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 104565
  • Previous Sale Recording Date: May 20, 2014
  • Previous Sale Contract Date: May 12, 2014
  • Previous Sale Amount: $198,000
  • 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 Wheaton

Stats & Trends

Median Asking:

$469,450

Sale Price/ft²

$275

Below Asking

0.01%

Average Days on Market

36

Average Home Size

1816 ft²

Average Home Age

52.7 years

Currently For Sale

73 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 673 N Park Boulevard, Glen Ellyn, IL, 60137

$3,550 /mo

  • 3 Beds
  • 1 Bath
  • 1,294 ft²
673 N Park Boulevard, Glen Ellyn, IL, 60137 Listing by Margaret Giffin

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Dominic Levita, Providence Residential Brokerage LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11657353
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 1602 West York Lane built and last sold?
The property at 1602 West York Lane was built in 1950 and last sold on Nov 16, 2022 for $315,000.
How much is this home worth?
The estimated value of the home located at 1602 West York Lane is $321,726.
What are some comparable homes to 1602 West York Lane?
There are currently no comparable homes to 1602 West York Lane.
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