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Joliet 60586
1916 Breckenridge Drive
$370,000
● House - Off Market

1916 Breckenridge Drive

Plainfield, IL 60586
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,974 Ft²
$2,640
Est. Monthly
$16
HOA / Fees
10.09%
Cap Rate

About This Property

Welcome to Caton Ridge Subdivision, This Spacious Home Features just under 3,000 square feet, 9 foot ceilings with 5 Large Bedrooms. The Roof and Siding were both replaced in 2021 and the Furnace, Air Conditioning and Water Heater were all replaced in 2022. Large Family Room features a Beautiful  Brick gas fireplace, featured stone wall, Kitchen boast's Granite Countertops with a beautiful Glass Tile backsplash with a eat in Kitchen. The Half Bath on the main level has been updated along with the Main Hall Bath Room upstairs, has a second floor Laundry Room. Laminate flooring throughout the home. This home also has a full unfinished basement, Fenced in private backyard. This home offers substantial square feet. Put your own touches and a bit of TLC to make this your forever home.
Unit Size
2,974 Ft²
Days on Market
-
Land Size
-
Price per sqft
$131
Property Type
House
Property Taxes
$714
HOA Dues
$16
Year Built
2004

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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 #12098735)

Price History

Date / Event Date Event Price
Sep 19, 2024 Sold
Premium
Sold
Jul 28, 2024 In contract -
In contract
Jul 25, 2024 Relisted $388,900
Relisted
Jul 21, 2024 In contract -
In contract
Jul 13, 2024 Price Decreased $388,900
↓ $6K (1.5%)
Price Decreased
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 40
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,901
  • Total Building Area: 2,974
  • Building Area: 2,974
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 2,974
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CATON RIDGE WEST UNIT 2
  • Land Acres: 0000000180
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 724 IN CATON RIDGE WEST SUB UNIT 2, BEING A SUB OF THAT PRT OF SEC 31, T36N-R9E.

Neighborhood

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

Geography

  • Parcel: 06-03-31-403-014
  • Lot: 724
  • Meridian: SEC 31 TWN 36N RNG 09E
  • Municipality: PLAINFIELD
  • Latitude: 41.5571
  • Longitude: -88.239

    Address

  • Full Address: 1916 Breckenridge Dr
  • Legal Unit: 2
  • Address - House Number: 1916
  • Address - Street Name: Breckenridge
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Plainfield
  • Carrier Code: R044
  • 4-Digit Zip Code: 2662
  • Zip Code: 60586

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $781,266
  • Tax Rate Code Area: 0612

    Appraisal Valuation

  • Standard Deviation: 0.1419
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 83
  • Final Value: 427,396
  • High Value: 488,073
  • Low Value: 366,720

    Market Valuation

  • Market Total Value: $322,470
  • Market Land Value: $51,699
  • Market Improvement Value: $270,771

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $107,490
  • Assessed Land Value: $17,233
  • Assessed Improvements Value: $90,257

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 11, 2004
  • Current Sale Recording Date: Aug 20, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2004154962

    Financing

  • First Mortgage Financing Type: ADJ
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 Joliet

Stats & Trends

Median Asking:

$339,900

Sale Price/ft²

$192

Above Asking

0.00%

Average Days on Market

45

Average Home Size

1898 ft²

Average Home Age

40.9 years

Currently For Sale

275 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 6514 Walter Adamic Lane, Plainfield, IL, 60586

$4,000 /mo

  • 4 Beds
  • 2 Baths
  • 1,886 ft²
6514 Walter Adamic Lane, Plainfield, IL, 60586 Listing by Giovanna Schmieder

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Kym Keylard, Worth Clark Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 12098735
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 1916 Breckenridge Drive built and last sold?
The property at 1916 Breckenridge Drive was built in 2004 and last sold on Aug 11, 2004 for $274,000.
How much is this home worth?
The estimated value of the home located at 1916 Breckenridge Drive is $392,789.
What are some comparable homes to 1916 Breckenridge Drive?
There are currently no comparable homes to 1916 Breckenridge Drive.
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