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Crest Hill 60403
1805 Jared Drive
$360,000
● House - Off Market

1805 Jared Drive

Crest Hill, IL 60403
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,656 Ft²
$2,403
Est. Monthly
6.23%
Cap Rate
Unit Size
1,656 Ft²
Days on Market
-
Land Size
-
Price per sqft
$211
Property Type
House
Property Taxes
$684
HOA Dues
-
Year Built
1997

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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

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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 Count: 100
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,696
  • Garage Type: 1
  • Garage Square Area: 484
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,928
  • Total Building Area: 3,876
  • Building Area: 1,696
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,696
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CRESTWOOD ESTATES UNIT R
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 39 IN CRESTWOOD ESTATES UNIT 4, BEING A SUB OF PRT OF THE NE1/4 OF SEC. 31, T36N-R10E.

Neighborhood

  • School District Name: Lockport Township High School District 205
  • Census Tract: 880901

Geography

  • Parcel: 11-04-31-217-006
  • Lot: 39
  • Meridian: SEC 31 TWN 36N RNG 10E
  • Municipality: LOCKPORT
  • Latitude: 41.5604
  • Longitude: -88.1263

    Address

  • Full Address: 1805 Jared Dr
  • Legal Unit: 4
  • Address - House Number: 1805
  • Address - Street Name: Jared
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Crest Hill
  • Carrier Code: C087
  • 4-Digit Zip Code: 0922
  • Zip Code: 60403

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $714,604
  • Tax Rate Code Area: 1105

    Appraisal Valuation

  • Standard Deviation: 0.1604
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 80
  • Final Value: 316,686
  • High Value: 367,491
  • Low Value: 265,880

    Market Valuation

  • Market Total Value: $250,296
  • Market Land Value: $69,900
  • Market Improvement Value: $180,396

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $83,432
  • Assessed Land Value: $23,300
  • Assessed Improvements Value: $60,132

    Sales

  • Current Sale Contract Date: Jan 30, 2012
  • Current Sale Recording Date: Feb 01, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2012012701
  • Previous Sale Recording Date: Aug 20, 2002
  • Previous Sale Contract Date: Aug 02, 2002
  • Previous Sale Amount: $185,500
  • 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 Crest Hill

Stats & Trends

Median Asking:

$287,000

Sale Price/ft²

$194

Below Asking

0.01%

Average Days on Market

43

Average Home Size

1530 ft²

Average Home Age

33.4 years

Currently For Sale

32 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 1311 Loral Avenue, Joliet, IL, 60435

$2,700 /mo

  • 3 Beds
  • 2 Baths
  • 1,005 ft²
1311 Loral Avenue, Joliet, IL, 60435 Listing by Jayson Iniguez
Unit for rent at 2338 Carnation Drive, Crest Hill, IL, 60403

$2,400 /mo

  • 2 Beds
  • 1 Bath
  • 924 ft²
2338 Carnation Drive #1, Crest Hill, IL, 60403 Listing by Jacqueline Dix

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Christina Atamian, john greene, Realtor
Data Source: MRED, MLS# MRD12296416
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 Jared Drive built and last sold?
The property at 1805 Jared Drive was built in 1997 and last sold on Jan 30, 2012 for $180,000.
How much is this home worth?
The estimated value of the home located at 1805 Jared Drive is $352,571.
What are some comparable homes to 1805 Jared Drive?
There are currently no comparable homes to 1805 Jared Drive.
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