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Joliet 60586 Cumberland
1800 CUMBERLAND Drive
$189,000
● House - Off Market

1800 CUMBERLAND Drive

PLAINFIELD, IL 60586
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,800 Ft²
$353,322
RealtyHop Estimate
86.01%
Since May 1, 2008
National-US
Primary Model

About This Property

NEEDS A LITTLE T.L.C. (cosmetics) AND OFFERS VAULTED CEILINGS IN LIV.RM&KITCHEN,10X13 UNFINISHED ROOM IN LOWER LEVEL CAN BE BDR OR OFFICE.BASEMENT IS FINISHED ALL IT NEEDS IS CARPET.HUGE DECK,FENCED YARD. Sold in a  AS IS, WHERE IS  condition; seller exempt from disclosure.
Unit Size
1,800 Ft²
Days on Market
-
Land Size
-
Price per sqft
$106
Property Type
House
Property Taxes
$322
HOA Dues
-
Year Built
2003

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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

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 41
  • Exterior Walls Type: 0
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,400
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,792
  • Building Area: 1,792
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,792
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CUMBERLAND UNIT 13
  • Land Acres: 0000000190
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 474 IN CUMBERLAND SUB. UNIT 13, BEING A SUB OF PRT OF FRACTIONAL SEC. 31 T36N-R9E.

Neighborhood

  • School District Name: Plainfield School District 202
  • Census Tract: 880432

Geography

  • Parcel: 06-03-31-306-011
  • Lot: 474
  • Meridian: SEC 31 TWN 36N RNG 09E
  • Municipality: PLAINFIELD
  • Latitude: 41.553
  • Longitude: -88.2511

    Address

  • Full Address: 1800 Cumberland Dr
  • Legal Unit: 13
  • Address - House Number: 1800
  • Address - Street Name: Cumberland
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Plainfield
  • Carrier Code: R003
  • 4-Digit Zip Code: 5284
  • Zip Code: 60586

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $545,504
  • Tax Rate Code Area: 0606

    Appraisal Valuation

  • Standard Deviation: 0.1588
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 80
  • Final Value: 297,988
  • High Value: 345,320
  • Low Value: 250,656

    Market Valuation

  • Market Total Value: $226,401
  • Market Land Value: $53,391
  • Market Improvement Value: $173,010

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $75,467
  • Assessed Land Value: $17,797
  • Assessed Improvements Value: $57,670

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 02, 2008
  • Current Sale Recording Date: Apr 24, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: R2008053473
  • Previous Sale Recording Date: Jan 30, 2008
  • Previous Sale Contract Date: Jan 11, 2008
  • Previous Sale Document Type: 30
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 Cumberland

Stats & Trends

Median Asking:

$404,900

Sale Price/ft²

$195

Below Asking

0.01%

Average Days on Market

43

Average Home Size

2163 ft²

Average Home Age

3.1 years

Currently For Sale

9 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 6906 Townsend Boulevard, Plainfield, IL, 60586

$2,700 /mo

  • 3 Beds
  • 2 Baths
  • 1,528 ft²
6906 Townsend Boulevard, Plainfield, IL, 60586 Listing by Margot Sun
Unit for rent at 1022 Heron Circle, Joliet, IL, 60431

$2,000 /mo

  • 2 Beds
  • 1 Bath
  • 1,500 ft²
1022 Heron Circle, Joliet, IL, 60431 Listing by Marie Clucas
Unit for rent at 2745 Canyon Drive, Plainfield, IL, 60586

$2,500 /mo

  • 2 Beds
  • 1 Bath
  • 1,280 ft²
2745 Canyon Drive, Plainfield, IL, 60586 Listing by George Simic

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Henry Jones, Southland Real Estate Inc
Data Source: MRED, MLS# MRD06797054
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 1800 Cumberland Drive built and last sold?
The property at 1800 Cumberland Drive was built in 2003 and last sold on Apr 2, 2008 for $189,000.
How much is this home worth?
The estimated value of the home located at 1800 Cumberland Drive is $203,678.
What are some comparable homes to 1800 Cumberland Drive?
There are currently no comparable homes to 1800 Cumberland Drive.
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