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Morris 60450
1836 Periwinkle Drive
$425,000
● House - Off Market

1836 Periwinkle Drive

Morris, IL 60450
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,460 Ft²
$2,833
Est. Monthly
7.50%
Cap Rate

About This Property

Stunning two-story home in Rockwell Estates with over 3,000 sq. ft. of living space, featuring 4 bedrooms, 3.5 baths, and a fully finished basement with a rec room, bar area, game room, and full bath-perfect for entertaining or relaxing. The main level includes a dining room that flows into the kitchen, creating a large and inviting space with hardwood floors and carpet throughout. The master suite offers a walk-in closet and private bath for your personal retreat. Enjoy the fully fenced backyard-ideal for pets, play, or outdoor entertaining. Recent updates include a new HVAC (2024) for peace of mind. Furniture/items negotiable-schedule your showing today!
Unit Size
2,460 Ft²
Days on Market
-
Land Size
-
Price per sqft
$173
Property Type
House
Property Taxes
$746
HOA Dues
-
Year Built
2016

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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

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • 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: 10,890
  • Total Building Area: 2,297
  • Gross Building Area: 2,297
  • Building Area: 2,297
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,297
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROCKWELL ESTATES SUBDIVISION SECOND ADDI
  • Land Acres: 0000000250
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: ROCKWELL ESTATES SUB 2ND ADD LT 121 SEC 31-34-7

Neighborhood

  • School District Name: Saratoga Community Consolidated School District 60C
  • Census Tract: 000200

Geography

  • District: 15
  • Parcel: 02-31-429-009
  • Lot: 121
  • Meridian: SEC 31 TWN 34N RNG 07W
  • Municipality: SARATOGA TOWNSHIP
  • Latitude: 41.3767
  • Longitude: -88.463

    Address

  • Full Address: 1836 Periwinkle Dr
  • Address - House Number: 1836
  • Address - Street Name: Periwinkle
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Morris
  • Carrier Code: R003
  • 4-Digit Zip Code: 6402
  • Zip Code: 60450

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $868,048
  • Tax Rate Code Area: 15002

    Appraisal Valuation

  • Standard Deviation: 0.2244
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 69
  • Final Value: 358,995
  • High Value: 439,570
  • Low Value: 278,421

    Market Valuation

  • Market Total Value: $358,839
  • Market Land Value: $47,040
  • Market Improvement Value: $311,799

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $119,613
  • Assessed Land Value: $15,680
  • Assessed Improvements Value: $103,933

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 01, 2017
  • Current Sale Recording Date: May 04, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 569626
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 Morris

Stats & Trends

Median Asking:

$307,000

Sale Price/ft²

$174

Below Asking

0.02%

Average Days on Market

43

Average Home Size

1933 ft²

Average Home Age

59 years

Currently For Sale

18 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

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MRED

Listed by: David Welter, RE/MAX Top Properties
Data Source: MRED, MLS# MRD12317432
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 1836 Periwinkle Drive built and last sold?
The property at 1836 Periwinkle Drive was built in 2016 and last sold on May 1, 2017 for $235,500.
How much is this home worth?
The estimated value of the home located at 1836 Periwinkle Drive is $0.
What are some comparable homes to 1836 Periwinkle Drive?
There are currently no comparable homes to 1836 Periwinkle Drive.
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