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Frankfort 60423
22463 Hinspeter Drive
$520,000
● House - Off Market

22463 Hinspeter Drive

Frankfort, IL 60423
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,300 Ft²
$630,404
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model
Unit Size
3,300 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$161
Property Type
House
Property Taxes
$890
HOA Dues
-
Year Built
1999

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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 #10990131)

Price History

Date / Event Date Event Price
May 6, 2021 Sold
Premium
Sold
Mar 2, 2021 Listed by Keller Williams Preferred Rlty $530,000
Listed by Keller Williams Preferred Rlty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 538
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,829
  • Total Building Area: 2,948
  • Building Area: 2,948
  • Building Area Measurement: K

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 3
  • Heated Square Feet: 2,948
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THE HOMESTEAD SUB
  • Land Acres: 0000000360
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 103 IN THE HOMESTEAD SUB, UNIT ONE, A SUB OF PRT OF THE E1/2 NE1/4 OF SEC 31, T35N-R12E.

Neighborhood

  • School District Name: Frankfort Community Consolidated School District 157C
  • Census Tract: 883516

Geography

  • Parcel: 19-09-31-204-007
  • Lot: 103
  • Meridian: SEC 31 TWN 35N RNG 12E
  • Municipality: FRANKFORT
  • Latitude: 41.4811
  • Longitude: -87.8901

    Address

  • Full Address: 22463 Hinspeter Dr
  • Legal Unit: 1
  • Address - House Number: 22463
  • Address - Street Name: Hinspeter
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Frankfort
  • Carrier Code: R008
  • 4-Digit Zip Code: 7985
  • Zip Code: 60423

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,199,052
  • Tax Rate Code Area: 1906

    Appraisal Valuation

  • Standard Deviation: 0.1581
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 80
  • Final Value: 576,675
  • High Value: 667,849
  • Low Value: 485,500

    Market Valuation

  • Market Total Value: $441,858
  • Market Land Value: $112,464
  • Market Improvement Value: $329,394

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $147,286
  • Assessed Land Value: $37,488
  • Assessed Improvements Value: $109,798

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 05, 2021
  • Current Sale Recording Date: May 26, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2021058898
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:

$650,000

Sale Price/ft²

$219

Below Asking

0.01%

Average Days on Market

46

Average Home Size

3213 ft²

Average Home Age

24.8 years

Currently For Sale

60 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

Rentals Near You

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MRED

Listed by: Jamie Lemmons-Svoboda, Keller Williams Preferred Rlty
Last Updated: 3 years ago
Data Source: MRED, MLS# 10990131
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 22463 Hinspeter Drive built and last sold?
The property at 22463 Hinspeter Drive was built in 1999 and last sold on May 5, 2021 for $520,000.
How much is this home worth?
The estimated value of the home located at 22463 Hinspeter Drive is $0.
What are some comparable homes to 22463 Hinspeter Drive?
There are currently no comparable homes to 22463 Hinspeter Drive.
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