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New Lenox 60451
1870 Cambridge
$278,000
● House - Off Market

1870 Cambridge

NEW LENOX, IL 60451
bedrooms
4 Beds
bathrooms
3 Baths
$543,499
RealtyHop Estimate
87.48%
Since Jul 1, 2008
National-US
Primary Model

About This Property

Open, bright and perfectly maintained 4 Bdrm, 2 1/2 Bth split level with sub bsmt. Features incl. Skylights, volume ceilings, Fam Rm with brick FP and dry bar. Finished sub bsmt with rec room and exercise area. Lg. Prof landscaped fenced yard and 20x20 wood deck and 24 ft. pool. Lots of storage. Move in ready. Very cute. Great location and schools.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$529
HOA Dues
-
Year Built
1995

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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

Air Conditioning
Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Total Rooms: 10
  • Bedroom Count: 4
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 41
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,800
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 800
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SCHOOLHOUSE MANOR UNIT ONE
  • Land Acres: 0000000250
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 110 IN SCHOOLHOUSE MANOR UNIT 1, BEING A SUB OF PRT OF THE E 1/2 OF THE SE 1/4 OF SEC. 23, T35N-R11E.

Neighborhood

  • School District Name: Lincoln Way Community High School District 210
  • Census Tract: 881115

Geography

  • Parcel: 15-08-23-408-002
  • Lot: 110
  • Meridian: SEC 23 TWN 35N RNG 11E
  • Municipality: NEW LENOX
  • Latitude: 41.5029
  • Longitude: -87.93

    Address

  • Full Address: 1870 Cambridge Ln
  • Legal Unit: 1
  • Address - House Number: 1870
  • Address - Street Name: Cambridge
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: New Lenox
  • Carrier Code: R006
  • 4-Digit Zip Code: 3807
  • Zip Code: 60451

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $937,354
  • Tax Rate Code Area: 1509

    Appraisal Valuation

  • Standard Deviation: 0.1482
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 82
  • Final Value: 402,824
  • High Value: 462,531
  • Low Value: 343,117

    Market Valuation

  • Market Total Value: $342,996
  • Market Land Value: $91,686
  • Market Improvement Value: $251,310

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $114,332
  • Assessed Land Value: $30,562
  • Assessed Improvements Value: $83,770

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 27, 2008
  • Current Sale Recording Date: Jul 09, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2008087088
  • Previous Sale Recording Date: May 27, 1998
  • Previous Sale Contract Date: May 22, 1998
  • Previous Sale Amount: $180,000
  • 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 New Lenox

Stats & Trends

Median Asking:

$439,000

Sale Price/ft²

$212

Below Asking

0.01%

Average Days on Market

43

Average Home Size

2240 ft²

Average Home Age

29.6 years

Currently For Sale

47 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 1013 Stonegate Road, New Lenox, IL, 60451

$3,250 /mo

  • 3 Beds
  • 3 Baths
  • 1,600 ft²
1013 Stonegate Road, New Lenox, IL, 60451 Listing by Jessica Eiler

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Amy Curtis, CNC, Coldwell Banker Residential
Data Source: MRED, MLS# MRD06906281
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 1870 Cambridge Lane built and last sold?
The property at 1870 Cambridge Lane was built in 1995 and last sold on Jun 27, 2008 for $278,000.
How much is this home worth?
The estimated value of the home located at 1870 Cambridge Lane is $292,799.
What are some comparable homes to 1870 Cambridge Lane?
There are currently no comparable homes to 1870 Cambridge Lane.
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