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New Lenox 60451
1625 Terrence Drive
$755,000
● House - Off Market

1625 Terrence Drive

New Lenox, IL 60451
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
$4,995
Est. Monthly

About This Property

SOLD in our private network!  Call for details.
Unit Size
-
Days on Market
-
Land Size
0.27 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,312
HOA Dues
-
Year Built
-

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Property Highlights

Garage
Air Conditioning
Fireplace
With View

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: 11,621
  • 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: HIBERNIA ESTATES UNIT 3
  • Land Acres: 0000000270
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 100 IN HIBERNIA ESTATES UNIT 3, BEING A SUB IN THE SW1/4 AND THE SE1/4 OF SEC 23, T35N-R11E.

Neighborhood

  • School District Name: Lincoln Way Community High School District 210
  • Census Tract: 881115

Geography

  • Parcel: 15-08-23-412-008
  • Lot: 100
  • Meridian: SEC 23 TWN 35N RNG 11E
  • Municipality: NEW LENOX
  • Latitude: 41.5
  • Longitude: -87.9358

    Address

  • Full Address: 1625 Terrence Dr
  • Legal Unit: 3
  • Address - House Number: 1625
  • Address - Street Name: Terrence
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: New Lenox
  • Carrier Code: C004
  • 4-Digit Zip Code: 4533
  • Zip Code: 60451

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,415,436
  • Tax Rate Code Area: 1509

    Appraisal Valuation

  • Standard Deviation: 0.1459
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 82
  • Final Value: 614,631
  • High Value: 704,359
  • Low Value: 524,904

    Market Valuation

  • Market Total Value: $508,755
  • Market Land Value: $91,686
  • Market Improvement Value: $417,069

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $169,585
  • Assessed Land Value: $30,562
  • Assessed Improvements Value: $139,023

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 09, 2018
  • Current Sale Recording Date: Jul 12, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2018047553
  • Previous Sale Recording Date: Dec 19, 2007
  • Previous Sale Contract Date: Nov 02, 2007
  • Previous Sale Amount: $636,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: FIX
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 New Lenox

Stats & Trends

Median Asking:

$439,000

Sale Price/ft²

$212

Below Asking

0.01%

Average Days on Market

44

Average Home Size

2116 ft²

Average Home Age

28.2 years

Currently For Sale

38 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 122 Gall Lane, New Lenox, IL, 60451

$2,895 /mo

  • 3 Beds
  • 2 Baths
  • 1,150 ft²
122 Gall Lane, New Lenox, IL, 60451 Listing by Micah Kirstein
Unit for rent at 915 S Spencer Road, New Lenox, IL, 60451

$1,950 /mo

  • 2 Beds
  • 1 Bath
  • 800 ft²
915 S Spencer Road #1, New Lenox, IL, 60451 Listing by Jessica Eiler

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Christine Wilczek, Realty Executives Elite
Data Source: MRED, MLS# MRD12542189
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 1625 Terrence Drive built and last sold?
The property at 1625 Terrence Drive was built in and last sold on Jul 9, 2018 for $507,000.
How much is this home worth?
The estimated value of the home located at 1625 Terrence Drive is $0.
What are some comparable homes to 1625 Terrence Drive?
There are currently no comparable homes to 1625 Terrence Drive.
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