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Crest Hill 60403
1920 Cowing Lane
$103,000
● House - Off Market

1920 Cowing Lane

CREST HILL, IL 60403
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,025 Ft²
$166,899
RealtyHop Estimate
58.95%
Since Nov 1, 2017
National-US
Primary Model

About This Property

VERY NICE 3 BEDROOM HOME ON LARGE LOT WITH FULL BASEMENT, LARGE EAT IN KITCHEN, VERY WIDE DRIVEWAY FOR PLENTY OF PARKING AND GARAGE WITH SIDE ROOM ATTACHED AND STORAGE SHED. NEWER FURNACE AND AC. PLEASE NOTE BATHROOM NEEDS TO BE REMODELED, OTHERWISE A NICE HOME.
Unit Size
1,025 Ft²
Days on Market
-
Land Size
0.70 acres
Price per sqft
$102
Property Type
House
Property Taxes
$226
HOA Dues
-
Year Built
-

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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 #09734718)

Price History

Date / Event Date Event Price
Oct 4, 2017 Sold
Premium
Sold
Aug 29, 2017 Listed by McColly Real Estate $105,000
Listed by McColly Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • 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: 30,692
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RAYNOR HILLS ESTATES
  • Land Acres: 0000000700
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 197 (EX THE E 40 FT THROF) (EX THAT PRT DESC IN DOC #1027943) IN RAYNOR HILLS ESTATES UNIT 2, BEING A SUB OF PRT OF THE

Neighborhood

  • School District Name: Chaney-Monge School District 88
  • Census Tract: 880905

Geography

  • Parcel: 11-04-32-407-043
  • Lot: 197
  • Meridian: SEC 32 TWN 36N RNG 10E
  • Municipality: LOCKPORT
  • Latitude: 41.5583
  • Longitude: -88.1047

    Address

  • Full Address: 1920 Cowing Ln
  • Legal Unit: 2
  • Address - House Number: 1920
  • Address - Street Name: Cowing
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Crest Hill
  • Carrier Code: C104
  • 4-Digit Zip Code: 2006
  • Zip Code: 60403

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $412,208
  • Tax Rate Code Area: 1103

    Appraisal Valuation

  • Standard Deviation: 0.1616
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 79
  • Final Value: 217,167
  • High Value: 252,271
  • Low Value: 182,062

    Market Valuation

  • Market Total Value: $163,386
  • Market Land Value: $55,806
  • Market Improvement Value: $107,580

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $54,462
  • Assessed Land Value: $18,602
  • Assessed Improvements Value: $35,860

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 26, 2018
  • Current Sale Recording Date: Feb 27, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2018013797
  • Previous Sale Recording Date: Oct 23, 2017
  • Previous Sale Contract Date: Oct 04, 2017
  • Previous Sale Amount: $103,000
  • Previous Sale Document Type: 4

    Financing

  • First Mortgage Financing Type: FIX
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 Crest Hill

Stats & Trends

Median Asking:

$287,000

Sale Price/ft²

$191

Below Asking

0.01%

Average Days on Market

42

Average Home Size

1468 ft²

Average Home Age

41 years

Currently For Sale

30 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 1311 Loral Avenue, Joliet, IL, 60435

$2,700 /mo

  • 3 Beds
  • 2 Baths
  • 1,005 ft²
1311 Loral Avenue, Joliet, IL, 60435 Listing by Jayson Iniguez

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: , McColly Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 09734718
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 1920 Cowing Lane built and last sold?
The property at 1920 Cowing Lane was built in and last sold on Feb 26, 2018 for $152,000.
How much is this home worth?
The estimated value of the home located at 1920 Cowing Lane is $0.
What are some comparable homes to 1920 Cowing Lane?
There are currently no comparable homes to 1920 Cowing Lane.
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