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Joliet 60586 Cumberland
1812 CUMBERLAND Drive
$315,000
● House - Off Market

1812 CUMBERLAND Drive

Plainfield, IL 60586
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,506 Ft²
$312,041
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

Beautiful home sitting on a large, fenced lot. Easily relax in any of the spacious bedrooms. Incredible kitchen with lots of storage and counter top space. Fantastic family room great for entertaining or relaxing. Amazing and bright living room right off the kitchen. Over sized backyard is fenced and features a deck great enjoying the warmer months. Tons of parking in the 2.5-car garage, long side driveway and the street in front of the home. Conveniently located near food, shopping, schools and all the conveniences Rt 59 has to offer.
Unit Size
2,506 Ft²
Days on Market
-
Land Size
-
Price per sqft
$122
Property Type
House
Property Taxes
$428
HOA Dues
-
Year Built
2001

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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 #11409279)

Price History

Date / Event Date Event Price
Jul 27, 2022 Sold
Premium
Sold
May 19, 2022 Listed by @properties Christie's International Real Estate $305,000
Listed by @properties Christie's International Real Estate

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Total Rooms: 7
  • 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: 4
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,520,657
  • Total Building Area: 2,506
  • Building Area: 2,506
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,506
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CUMBERLAND UNIT 10
  • Land Acres: 0000103780
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 480 IN CUMBERLAND SUB UNIT 10, A SUB OF PRT OF FRACTIONAL SEC 31, T36N R9E.

Neighborhood

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

Geography

  • Parcel: 06-03-31-306-002
  • Lot: 480
  • Meridian: SEC 31 TWN 36N RNG 09E
  • Municipality: PLAINFIELD
  • Latitude: 41.5542
  • Longitude: -88.2512

    Address

  • Full Address: 1812 Cumberland Dr
  • Legal Unit: 10
  • Address - House Number: 1812
  • 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: $542,786
  • Tax Rate Code Area: 0606

    Appraisal Valuation

  • Standard Deviation: 0.0883
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 92
  • Final Value: 303,836
  • High Value: 330,686
  • Low Value: 276,987

    Market Valuation

  • Market Total Value: $225,363
  • Market Land Value: $53,391
  • Market Improvement Value: $171,972

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $75,121
  • Assessed Land Value: $17,797
  • Assessed Improvements Value: $57,324

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 09, 2021
  • Current Sale Recording Date: Aug 05, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 59515
  • Previous Sale Recording Date: Aug 28, 2006
  • Previous Sale Contract Date: Aug 15, 2006
  • Previous Sale Amount: $231,000
  • 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 1909 Havenhill Drive, Plainfield, IL, 60586

$3,100 /mo

  • 3 Beds
  • 2 Baths
  • 2,100 ft²
1909 Havenhill Drive, Plainfield, IL, 60586 Listing by Katerina Pavlova
Unit for rent at 2004 Fieldstone Court, Plainfield, IL, 60586

$3,600 /mo

  • 5 Beds
  • 3 Baths
  • 2,964 ft²
2004 Fieldstone Court, Plainfield, IL, 60586 Listing by Mudassir Siddiqui

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Derrick Jackson, @properties Christie's International Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11409279
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 1812 Cumberland Drive built and last sold?
The property at 1812 Cumberland Drive was built in 2001 and last sold on Jul 9, 2021 for $315,000.
How much is this home worth?
The estimated value of the home located at 1812 Cumberland Drive is $0.
What are some comparable homes to 1812 Cumberland Drive?
There are currently no comparable homes to 1812 Cumberland Drive.
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