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New Lenox 60451
2184 Runway Drive
$463,900
● House - Off Market

2184 Runway Drive

New Lenox, IL 60451
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,376 Ft²
$2,329
Est. Monthly
$21
HOA / Fees
7.61%
Cap Rate

About This Property

~ LILY Floor Plan ~ NEW HOME Under Construction In SKY HARBOR ~ Will be READY for DELIVERY Feb/March 2024 ~ Homesite 59 ~ There is a LILY MODEL Home with the Same Floor Plan you can View by Appointment ~ LINCOLNWAY Schools ~ Lake Michigan Water ~ This Home Features a Large KITCHEN with Prep Island & Quartz Counters, Upgraded Flooring & Cabinetry, White Doors & Trim, Vinyl Plank flooring in Living Room, Kitchen & Powder Room, Oak Rails, Double Bowl Vanity in the Primary Bath, FOUR Bedrooms & a 2nd floor Laundry Room ~ Upgraded Carpet & Tile  FULL English ( LOOK-OUT) Basement ~ A/C Included ~ Other FLOOR Plans & Locations Available for Building in NEW LENOX ~ SEE Sales Rep for all INFO on Building or any Available MOVE-In READY HOMES ~
Unit Size
2,376 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$198
Property Type
House
Property Taxes
-
HOA Dues
$21
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.

Last updated: 3 years ago (MRED MLS #11939346)

Price History

Date / Event Date Event Price
Mar 11, 2024 Sold
Premium
Sold
Nov 30, 2023 Listed by RE/MAX IMPACT $469,900
Listed by RE/MAX IMPACT

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: 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: SKY HARBOR UNIT 2
  • Standard Land Use Code: 1000
  • County Land Use Code: 0032
  • Legal Description 1: LOT 59 IN SKY HARBOR UNIT 2, BEING A SUB OF PRT OF THE NW1/4 OF SEC. 36, T35N-R11E.

Neighborhood

  • School District Name: Lincoln Way Community High School District 210
  • Census Tract: 881113

Geography

  • Parcel: 15-08-36-105-028
  • Lot: 59
  • Meridian: SEC 36 TWN 35N RNG 11E
  • Municipality: NEW LENOX
  • Latitude: 41.4782
  • Longitude: -87.9231

    Address

  • Full Address: 2184 Runway Dr
  • Legal Unit: 2
  • Address - House Number: 2184
  • Address - Street Name: Runway
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: New Lenox
  • Carrier Code: R008
  • 4-Digit Zip Code: 8812
  • Zip Code: 60451

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $17,306
  • Tax Rate Code Area: 1509

    Appraisal Valuation

  • Standard Deviation: 0.0862
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 93
  • Final Value: 460,385
  • High Value: 500,084
  • Low Value: 420,685

    Market Valuation

  • Market Total Value: $6,000
  • Market Land Value: $6,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $2,000
  • Assessed Land Value: $2,000

    Sales

  • Current Sale Contract Date: Feb 26, 2024
  • Current Sale Recording Date: Mar 13, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 11986
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:

$447,900

Sale Price/ft²

$211

Below Asking

0.01%

Average Days on Market

44

Average Home Size

2181 ft²

Average Home Age

30 years

Currently For Sale

49 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: Linda DiBenardo, RE/MAX IMPACT
Last Updated: 3 years ago
Data Source: MRED, MLS# 11939346
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 2184 Runway Drive built and last sold?
The property at 2184 Runway Drive was built in and last sold on Feb 26, 2024 for $463,900.
How much is this home worth?
The estimated value of the home located at 2184 Runway Drive is $0.
What are some comparable homes to 2184 Runway Drive?
There are currently no comparable homes to 2184 Runway Drive.
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