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New Lenox 60451
2107 Traemore Lane
$451,750
● House - Off Market

2107 Traemore Lane

New Lenox, IL 60451
bedrooms
3 Beds
bathrooms
2 Baths
$3,471
Est. Monthly
$200
HOA / Fees
3.47%
Cap Rate

About This Property

This beautiful and well-maintained 3-bedroom, 2-bathroom home in the Heather Glen subdivision offers comfort, style, and convenience in a low-maintenance community. The updated kitchen features modern, high-quality appliances and a smart thermostat for efficient living. A first-floor laundry room adds everyday ease, and the full unfinished basement provides plenty of storage or potential for future expansion. Step outside to a spacious backyard deck with tranquil pond views-perfect for relaxing or entertaining. With a 2-car attached garage and exterior upkeep like lawn care and snow removal included, this home is move-in ready and designed for easy living. This sale is based on the completion of a prior transaction.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$1,013
HOA Dues
$200
Year Built
-

Payment Calculator

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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
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: 0
  • Lot Size Frontage Feet: 0
  • 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: HEATHER GLEN
  • Standard Land Use Code: 1000
  • County Land Use Code: 0032
  • Legal Description 1: LOT 494 IN HEATHER GLEN PHASE 6 PUD, BEING A SUB OF PRT OF THE SW1/4 OF SEC. 25, T35N-R11E.

Neighborhood

  • Census Tract: 881113

Geography

  • Subdivision Phase Number: 6
  • Parcel: 15-08-25-304-020
  • Lot: 494
  • Meridian: SEC 25 TWN 35N RNG 11E
  • Latitude: 41.4888
  • Longitude: -87.9212

    Address

  • Full Address: 2107 Traemore Ln
  • Address - House Number: 2107
  • Address - Street Name: Traemore
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: New Lenox
  • Carrier Code: R008
  • 4-Digit Zip Code: 9735
  • Zip Code: 60451

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,370
  • Tax Rate Code Area: 1509

    Appraisal Valuation

  • Standard Deviation: 0.4749
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 5
  • Final Value: 148,823
  • High Value: 219,513
  • Low Value: 78,132

    Market Valuation

  • Market Total Value: $1,515
  • Market Land Value: $1,515

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $505
  • Assessed Land Value: $505

    Sales

  • Current Sale Contract Date: Sep 18, 2023
  • Current Sale Recording Date: Sep 19, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 49054
  • Previous Sale Recording Date: May 24, 2023
  • Previous Sale Contract Date: May 12, 2023
  • Previous Sale Amount: $51,500
  • 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

44

Average Home Size

2116 ft²

Average Home Age

28.2 years

Currently For Sale

38 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: Ryan Ivemeyer, O'Neil Property Group, LLC
Data Source: MRED, MLS# MRD12395418
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 2107 Traemore Lane built and last sold?
The property at 2107 Traemore Lane was built in and last sold on Sep 18, 2023 for $473,265.
How much is this home worth?
The estimated value of the home located at 2107 Traemore Lane is $0.
What are some comparable homes to 2107 Traemore Lane?
There are currently no comparable homes to 2107 Traemore Lane.
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