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Joliet 60431
2024 PROVIDENCE Way
$250,000
● House - Off Market

2024 PROVIDENCE Way

JOLIET, IL 60431
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
$517,068
RealtyHop Estimate
95.19%
Since Oct 1, 2008
National-US
Primary Model

About This Property

WELL MAINTAINED BRICK TWO STORY WITH A FIREPLACE. PROPERTY IS APPROVED FOR EXPRESS PATH FINANCING. CONTACT LISTING AGENT FOR INFORMATION.  BANK OWNED-SOLD AS IS. NO DISCLOSURES, NO SURVEY OR TERMITE PROVIDED. PRESENT PRE-QUAL LETTER OR PROOF OF FUNDS WITH OFFER.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
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
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

Garage

Building Info

Overview

    General

  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Full Bathrooms: 2
  • 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 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: 10,056
  • Lot Size Depth Feet: 600
  • Lot Size Frontage Feet: 1,300
  • 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: GREYWALL CLUB
  • Land Acres: 0000000231
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: LOT 321 GREYWALL CLUB UNIT 7, CITY OF JOLIET

Neighborhood

  • School District Name: Plainfield School District 202
  • Census Tract: 890702

Geography

  • Parcel: 06-35-162-008
  • Lot: 321
  • Municipality: NA-AU-SAY TOWNSHIP
  • Latitude: 41.5583
  • Longitude: -88.2897

    Address

  • Full Address: 2024 Providence Way
  • Address - House Number: 2024
  • Address - Street Name: Providence
  • Address - Suffix Type: Way
  • State: IL
  • City Name: Joliet
  • Carrier Code: R026
  • 4-Digit Zip Code: 7746
  • Zip Code: 60431

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $766,428
  • Tax Rate Code Area: NS004

    Appraisal Valuation

  • Standard Deviation: 0.1394
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 83
  • Final Value: 383,589
  • High Value: 437,085
  • Low Value: 330,092

    Market Valuation

  • Market Total Value: $306,729
  • Market Land Value: $43,155
  • Market Improvement Value: $263,574

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $102,243
  • Assessed Land Value: $14,385
  • Assessed Improvements Value: $87,858

    Sales

  • Current Sale Contract Date: Apr 01, 2011
  • Current Sale Recording Date: Apr 12, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 201100006236
  • Previous Sale Recording Date: Oct 16, 2008
  • Previous Sale Contract Date: Aug 28, 2008
  • Previous Sale Amount: $250,000
  • Previous Sale Document Type: 68
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:

$340,000

Sale Price/ft²

$192

Above Asking

0.00%

Average Days on Market

46

Average Home Size

1892 ft²

Average Home Age

41.8 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 2015 Pembridge Lane, Joliet, IL, 60431

$2,700 /mo

  • 3 Beds
  • 2 Baths
  • 1,776 ft²
2015 Pembridge Lane #2015, Joliet, IL, 60431 Listing by Varun Malhotra
Unit for rent at 7714 Nightshade Lane, Joliet, IL, 60431

$2,875 /mo

  • 3 Beds
  • 2 Baths
  • 1,701 ft²
7714 Nightshade Lane #7714, Joliet, IL, 60431 Listing by Waqar Riaz

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Jeff Mrozek, Crosstown Realtors, Inc.
Data Source: MRED, MLS# MRD06871704
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 2024 Providence Way built and last sold?
The property at 2024 Providence Way was built in and last sold on Apr 1, 2011 for $170,000.
How much is this home worth?
The estimated value of the home located at 2024 Providence Way is $267,549.
What are some comparable homes to 2024 Providence Way?
There are currently no comparable homes to 2024 Providence Way.
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