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Frankfort 60423
21702 HIGLEY Lane #0
$345,000
● House - Off Market

21702 HIGLEY Lane #0

FRANKFORT, IL 60423
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,600 Ft²
$643,421
RealtyHop Estimate
79.23%
Since Dec 1, 2007
National-US
Primary Model

About This Property

ONE LOOK & YOU WILL FALL IN LOVE. HARDWOOD FLOORS THRU OUT. SEE THROUGH FIREPLACE, WET BAR IN FAMILY ROOM ALL OAK DOORS & TRIM. CUSTOM MADE WOOD BLINDS THRU OUT, LUXURY MASTER BATH, MAPLE CABINETS, SECURITY ALARM WIRED TO POLICE. TO MANY UPGRADES TO LIST. THIS HOME SHOWS LIKE A MODEL. SHOW & SELL! SEND YOUR CLIENTS WILL HONOR YOUR CARD OR CLIENTS WORD THAT YOU SENT THEM.
Unit Size
2,600 Ft²
Days on Market
-
Land Size
-
Price per sqft
$138
Property Type
House
Property Taxes
$609
HOA Dues
$146
Year Built
2002

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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

Garage
Air Conditioning
Fireplace
Parking Available

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 1
  • Construction Type: 17
  • Building Style: 35
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,510
  • Total Building Area: 3,211
  • Building Area: 3,211
  • Building Area Measurement: K

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 3
  • Heated Square Feet: 3,211
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FOUNDERS PLACE
  • Land Acres: 0000000060
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 32 IN FOUNDERS PLACE PHASE I-C, BEING A PRT OF THE W 3/4 OF THE NW 1/4 OF SEC. 28, T35N-R12E.

Neighborhood

  • School District Name: Frankfort Community Consolidated School District 157C
  • Census Tract: 883504

Geography

  • Subdivision Phase Number: I-C
  • Parcel: 19-09-28-106-023
  • Lot: 32
  • Meridian: SEC 28 TWN 35N RNG 12E
  • Municipality: FRANKFORT
  • Latitude: 41.4945
  • Longitude: -87.8632

    Address

  • Full Address: 21702 Higley Ln
  • Address - House Number: 21702
  • Address - Street Name: Higley
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Frankfort
  • Carrier Code: R018
  • 4-Digit Zip Code: 2260
  • Zip Code: 60423

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $933,588
  • Tax Rate Code Area: 1906

    Appraisal Valuation

  • Standard Deviation: 0.1473
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 82
  • Final Value: 449,307
  • High Value: 515,509
  • Low Value: 383,105

    Market Valuation

  • Market Total Value: $348,018
  • Market Land Value: $1,905
  • Market Improvement Value: $346,113

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $116,006
  • Assessed Land Value: $635
  • Assessed Improvements Value: $115,371

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 04, 2018
  • Current Sale Recording Date: Jul 05, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2018045675
  • Previous Sale Recording Date: Apr 16, 2010
  • Previous Sale Contract Date: Apr 09, 2010
  • Previous Sale Amount: $315,000
  • 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 Frankfort

Stats & Trends

Median Asking:

$669,900

Sale Price/ft²

$219

Below Asking

0.01%

Average Days on Market

48

Average Home Size

3332 ft²

Average Home Age

29.8 years

Currently For Sale

63 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 516 Lincoln Lane, Frankfort, IL, 60423

$2,400 /mo

  • 3 Beds
  • 2 Baths
516 Lincoln Lane #1N, Frankfort, IL, 60423 Listing by Stacie McGlone
Unit for rent at 59 Old Frankfort Way, Frankfort, IL, 60423

$3,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,614 ft²
59 Old Frankfort Way #213, Frankfort, IL, 60423 Listing by Megan Tempinski

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Barbara Nudi, Realty Executives Ambassador
Data Source: MRED, MLS# MRD06642681
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 21702 Higley Lane built and last sold?
The property at 21702 Higley Lane was built in 2002 and last sold on Jun 4, 2018 for $350,000.
How much is this home worth?
The estimated value of the home located at 21702 Higley Lane is $490,389.
What are some comparable homes to 21702 Higley Lane?
There are currently no comparable homes to 21702 Higley Lane.
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