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Plainfield 60586
16524 Hidden River Circle
$585,000
● House - Off Market

16524 Hidden River Circle

Plainfield, IL 60586
bedrooms
5 Beds
bathrooms
5 Baths
square feet
3,721 Ft²
$3,878
Est. Monthly
$15
HOA / Fees
5.73%
Cap Rate

About This Property

This home in a quiet neighborhood features 3,721sqft, a 3-car garage, amazing storage with space for everyone, and 5 full baths. The 1st Floor has a sunroom off the large kitchen with double ovens, a bedroom/office adjacent to a full bath, and a spacious mud/laundry room. Finished basement includes a movie theater with 110" screen, game areas, craft room/office, full bath and kitchenette, plus tons of storage! 2nd Floor loft can be used for an additional family room/study/playroom. Primary bedroom features a sitting room, 2 walk in closets, and a bathroom with heated floors! Nearly maintenance free exterior boasts full brick front with Hardie Board siding on sides and back. Neighborhood features include a playground down the block.  NEW AC: 2023 HWH: 2020 Roof/Furnace Original: 2008
Unit Size
3,721 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$158
Property Type
House
Property Taxes
$970
HOA Dues
$15
Year Built
2008

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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 #11968598)

Price History

Date / Event Date Event Price
Apr 26, 2024 Sold
Premium
Sold
Feb 1, 2024 Listed by Keller Williams Infinity $589,000
Listed by Keller Williams Infinity

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 590
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,022
  • Total Building Area: 3,721
  • Building Area: 3,721
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 3,721
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MIDWEST DEVELOPMENTS HIDDEN RIVER
  • Land Acres: 0000000280
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 51 IN MIDWEST DEVELOPMENT'S HIDDEN RIVER, BEING A SUB OF PRT OF THE W1/2 OF THE SW1/4 OF SEC 21, T36N-R9E.

Neighborhood

  • School District Name: Plainfield School District 202
  • Census Tract: 880421

Geography

  • Parcel: 06-03-21-304-013
  • Lot: 51
  • Meridian: SEC 21 TWN 36N RNG 09E
  • Municipality: PLAINFIELD
  • Latitude: 41.5836
  • Longitude: -88.2172

    Address

  • Full Address: 16524 Hidden River Cir
  • Address - House Number: 16524
  • Address - Street Name: Hidden River
  • Address - Suffix Type: Cir
  • State: IL
  • City Name: Plainfield
  • Carrier Code: R006
  • 4-Digit Zip Code: 5532
  • Zip Code: 60586

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,231,696
  • Tax Rate Code Area: 0602

    Appraisal Valuation

  • Standard Deviation: 0.1429
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 83
  • Final Value: 610,414
  • High Value: 697,697
  • Low Value: 523,131

    Market Valuation

  • Market Total Value: $473,211
  • Market Land Value: $68,073
  • Market Improvement Value: $405,138

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $157,737
  • Assessed Land Value: $22,691
  • Assessed Improvements Value: $135,046

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 11, 2008
  • Current Sale Recording Date: Jul 18, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2008091824

    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 Plainfield

Stats & Trends

Median Asking:

$515,000

Sale Price/ft²

$212

Above Asking

0.00%

Average Days on Market

50

Average Home Size

2695 ft²

Average Home Age

12.4 years

Currently For Sale

199 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 16519 S Fox Run Circle, Plainfield, IL, 60586

$3,990 /mo

  • 4 Beds
  • 3 Baths
  • 2,900 ft²
16519 S Fox Run Circle, Plainfield, IL, 60586 Listing by Randi Quigley

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Elisa Niesen, Keller Williams Infinity
Last Updated: 3 years ago
Data Source: MRED, MLS# 11968598
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 16524 Hidden River Circle built and last sold?
The property at 16524 Hidden River Circle was built in 2008 and last sold on Jul 11, 2008 for $461,000.
How much is this home worth?
The estimated value of the home located at 16524 Hidden River Circle is $594,890.
What are some comparable homes to 16524 Hidden River Circle?
There are currently no comparable homes to 16524 Hidden River Circle.
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