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Joliet 60586 Cumberland
1809 Cumberland Drive
$296,050
● House - Off Market

1809 Cumberland Drive

Plainfield, IL 60586
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,645 Ft²
$305,932
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

Immaculate 3 bedroom, 1.1 bath home with 2 car garage situated on a large fenced lot. This home features living room and kitchen with vaulted ceilings, spacious family room , primary suite has shared bath and additional bedrooms are generously sized. Enjoy your very own backyard retreat with 18 ft round pool and firepit.  Newer roof and oversized gutters, newer water heater, neutral decor, move-in condition. Must see this great buy!
Unit Size
1,645 Ft²
Days on Market
-
Land Size
-
Price per sqft
$176
Property Type
House
Property Taxes
$474
HOA Dues
-
Year Built
2001

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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.

Last updated: 3 years ago (MRED MLS #11649751)

Price History

Date / Event Date Event Price
Nov 28, 2022 Sold
Premium
Sold
Oct 11, 2022 Listed by Michele Morris Realty $289,900
Listed by Michele Morris Realty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 6
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 165
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,160
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 680
  • Total Building Area: 1,645
  • Building Area: 1,645
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,645
  • 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 485 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: 06-03-31-305-010
  • Lot: 485
  • Meridian: SEC 31 TWN 36N RNG 09E
  • Municipality: PLAINFIELD
  • Latitude: 41.5536
  • Longitude: -88.2518

    Address

  • Full Address: 1809 Cumberland Dr
  • Legal Unit: 13
  • Address - House Number: 1809
  • Address - Street Name: Cumberland
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Plainfield
  • Carrier Code: R003
  • 4-Digit Zip Code: 5289
  • Zip Code: 60586

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $600,724
  • Tax Rate Code Area: 0606

    Appraisal Valuation

  • Standard Deviation: 0.1884
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 75
  • Final Value: 301,873
  • High Value: 358,748
  • Low Value: 244,998

    Market Valuation

  • Market Total Value: $247,497
  • Market Land Value: $53,391
  • Market Improvement Value: $194,106

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $82,499
  • Assessed Land Value: $17,797
  • Assessed Improvements Value: $64,702

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 18, 2022
  • Current Sale Recording Date: Dec 01, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 84338
  • Previous Sale Recording Date: Jun 28, 2006
  • Previous Sale Contract Date: May 04, 2006
  • Previous Sale Amount: $220,000
  • 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 Cumberland

Stats & Trends

Median Asking:

$399,990

Sale Price/ft²

$195

Below Asking

0.01%

Average Days on Market

43

Average Home Size

2152 ft²

Average Home Age

6 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 7707 Nightshade Lane, Joliet, IL, 60431

$2,795 /mo

  • 3 Beds
  • 2 Baths
  • 1,701 ft²
7707 Nightshade Lane #7707, Joliet, IL, 60431 Listing by Waqar Riaz
Unit for rent at 6901 Creekside Drive, Plainfield, IL, 60586

$2,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,727 ft²
6901 Creekside Drive, Plainfield, IL, 60586 Listing by Abha Dey

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Michele Morris, Michele Morris Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11649751
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 1809 Cumberland Drive built and last sold?
The property at 1809 Cumberland Drive was built in 2001 and last sold on Nov 18, 2022 for $296,050.
How much is this home worth?
The estimated value of the home located at 1809 Cumberland Drive is $0.
What are some comparable homes to 1809 Cumberland Drive?
There are currently no comparable homes to 1809 Cumberland Drive.
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