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Frankfort 60423
22665 Joshua Drive
$640,000
● House - Off Market

22665 Joshua Drive

Frankfort, IL 60423
bedrooms
4 Beds
bathrooms
3 Baths
square feet
3,300 Ft²
$4,378
Est. Monthly
$25
HOA / Fees
3.35%
Cap Rate

About This Property

Gorgeous flagstone-accented colonial in highly sought after Lakeview Estates, dramatic 2-story entryway brings you into stunning 2-story sunlit family room with skylights, granite wet bar. Kitchen has lots of cabinets and room for more in large dining area. 4 spacious bedrooms, 2 3/4 baths, huge master walk-in closet with laundry room, master bath has huge whirlpool tub and double vanity. Separate laundry room/mudroom on main level. Basement:  1800 square feet, plenty of space, features stone gas fireplace, framed rooms. All double panel doors. Major updates in last 5 years include new roof, both heavy duty A/C units, water softener, water heater, cooktop and dishwasher. Extensive paver stone outside. Excellent  K-12 schools.
Unit Size
3,300 Ft²
Days on Market
-
Land Size
-
Price per sqft
$197
Property Type
House
Property Taxes
$1,161
HOA Dues
$25
Year Built
2005

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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

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Total Rooms: 9
  • 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: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 727
  • Garage Type: 1
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,000
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 3,299
  • Building Area: 3,299
  • Building Area Measurement: K

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 3
  • Heated Square Feet: 3,299
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKEVIEW ESTATES UNIT 2
  • Land Acres: 0000000340
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 194 IN LAKEVIEW ESTATES UNIT 2, BEING A SUB OF PRT OF THE NE1/4 OF SEC. 35, T35N-R12E.

Neighborhood

  • School District Name: Frankfort Community Consolidated School District 157C
  • Census Tract: 883505

Geography

  • Parcel: 19-09-35-213-004
  • Lot: 194
  • Meridian: SEC 35 TWN 35N RNG 12E
  • Municipality: FRANKFORT
  • Latitude: 41.4783
  • Longitude: -87.817

    Address

  • Full Address: 22665 Joshua Dr
  • Legal Unit: 2
  • Address - House Number: 22665
  • Address - Street Name: Joshua
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Frankfort
  • Carrier Code: R016
  • 4-Digit Zip Code: 8585
  • Zip Code: 60423

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,285,694
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 1906

    Appraisal Valuation

  • Standard Deviation: 0.1419
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 83
  • Final Value: 581,593
  • High Value: 664,161
  • Low Value: 499,026

    Market Valuation

  • Market Total Value: $472,485
  • Market Land Value: $97,728
  • Market Improvement Value: $374,757

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $157,495
  • Assessed Land Value: $32,576
  • Assessed Improvements Value: $124,919

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 28, 2005
  • Current Sale Recording Date: May 02, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: R2005071640
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

3316 ft²

Average Home Age

29.9 years

Currently For Sale

62 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: Garrett Horkan, City Gate Real Estate Inc.
Data Source: MRED, MLS# MRD12373853
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 22665 Joshua Drive built and last sold?
The property at 22665 Joshua Drive was built in 2005 and last sold on Apr 28, 2005 for $445,000.
How much is this home worth?
The estimated value of the home located at 22665 Joshua Drive is $0.
What are some comparable homes to 22665 Joshua Drive?
There are currently no comparable homes to 22665 Joshua Drive.
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