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Joliet 60431
1805 Clarence Road
$430,000
● House - Off Market

1805 Clarence Road

Joliet, IL 60431
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,300 Ft²
$2,941
Est. Monthly
$37
HOA / Fees
9.97%
Cap Rate

About This Property

Beautiful 2 Story home in Windsor Ridge!  Home is an entertainers dream with completely open floor plan!  Huge chef's kitchen features massive island for the whole family, granite countertops, SS appliances!  Private master suite features his and her walk-in closets and spa like master bath!  5 bedrooms with 3.5 baths!  Full finished basement features rec room/office, second kitchen, and full bath!  Fenced in yard with brick paver patio!  Attached 3 car garage!  Must see!
Unit Size
3,300 Ft²
Days on Market
-
Land Size
-
Price per sqft
$130
Property Type
House
Property Taxes
$793
HOA Dues
$37
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.

Property Highlights

Garage
Air Conditioning

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: 11,683
  • 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: WINDSOR RIDGE SUB
  • Land Acres: 0000000268
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: LOT 71 WINDSOR RIDGE SUB UNIT 1 CITY OF JOLIET

Neighborhood

  • School District Name: Plainfield School District 202
  • Census Tract: 890702

Geography

  • Parcel: 06-35-305-013
  • Lot: 71
  • Municipality: NA-AU-SAY TOWNSHIP
  • Latitude: 41.5539
  • Longitude: -88.2891

    Address

  • Full Address: 1805 Clarence Rd
  • Address - House Number: 1805
  • Address - Street Name: Clarence
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Joliet
  • Carrier Code: R026
  • 4-Digit Zip Code: 7829
  • Zip Code: 60431

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: NS004

    Appraisal Valuation

  • Standard Deviation: 0.0913
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 92
  • Final Value: 448,762
  • High Value: 489,763
  • Low Value: 407,762

    Market Valuation

  • Market Total Value: $384,744
  • Market Land Value: $42,009
  • Market Improvement Value: $342,735

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $128,248
  • Assessed Land Value: $14,003
  • Assessed Improvements Value: $114,245

    Sales

  • Current Sale Contract Date: Aug 17, 2018
  • Current Sale Recording Date: Aug 31, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 201800012678
  • Previous Sale Recording Date: May 19, 2011
  • Previous Sale Contract Date: Apr 12, 2011
  • Previous Sale Amount: $359,000
  • Previous Sale Document Type: 68

    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 Joliet

Stats & Trends

Median Asking:

$340,000

Sale Price/ft²

$192

Above Asking

0.00%

Average Days on Market

46

Average Home Size

1850 ft²

Average Home Age

43.9 years

Currently For Sale

280 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 1814 Springside Drive, Plainfield, IL, 60586

$3,600 /mo

  • 4 Beds
  • 2 Baths
  • 2,308 ft²
1814 Springside Drive, Plainfield, IL, 60586 Listing by Louie Ruffolo

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Asif Mohammed, Signature Realty Group LLC
Data Source: MRED, MLS# MRD12407845
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 1805 Clarence Road built and last sold?
The property at 1805 Clarence Road was built in and last sold on Aug 17, 2018 for $348,500.
How much is this home worth?
The estimated value of the home located at 1805 Clarence Road is $0.
What are some comparable homes to 1805 Clarence Road?
There are currently no comparable homes to 1805 Clarence Road.
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