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Bolingbrook 60490
231 N Canyon Drive
$260,000
● House - Off Market

231 N Canyon Drive

Bolingbrook, IL 60490
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,453 Ft²
$2,142
Est. Monthly
8.69%
Cap Rate

About This Property

Freshly painted and ready for it's new owners. This split level home has 3 bedrooms, 2 baths and large rooms throughout. The first floor is perfect for entertaining with an open floor plan including the kitchen with Merillat cabinets, an abundance of counter space, and a breakfast bar. The lower level has a huge family room, full bath, laundry area and access to the garage. There are 3 good sized bedrooms and a full bath on the upper level. The yard is huge and fully fenced. Perfectly located off Weber and Boughton, minutes from shopping, restaurants, and recreation. Air conditioning less than 5 years and new roof in 2023. An affordable choice in a great location!
Unit Size
1,453 Ft²
Days on Market
-
Land Size
-
Price per sqft
$224
Property Type
House
Property Taxes
$545
HOA Dues
-
Year Built
1978

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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

  • Year Built: 1978
  • Effective Year Built: 1978
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 413
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,496
  • Total Building Area: 995
  • Building Area: 995
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 995
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: INDIAN BOUNDARY
  • Land Acres: 0000000264
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 7 IN INDIAN BOUNDARY UNIT 1, THE W1/2 SE1/4 SEC 7, T37N-R10E.

Neighborhood

  • School District Name: Valley View Community Unit School District 365U
  • Census Tract: 880122

Geography

  • Parcel: 12-02-07-405-005
  • Lot: 7
  • Meridian: SEC 07 TWN 37N RNG 10E
  • Municipality: DUPAGE
  • Latitude: 41.701
  • Longitude: -88.1329

    Address

  • Full Address: 231 N Canyon Dr
  • Legal Unit: 1
  • Address - House Number: 231
  • Street Direction: N
  • Address - Street Name: Canyon
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Bolingbrook
  • Carrier Code: C028
  • 4-Digit Zip Code: 1528
  • Zip Code: 60490

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $572,926
  • Tax Rate Code Area: 1214

    Appraisal Valuation

  • Standard Deviation: 0.1539
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 81
  • Final Value: 253,226
  • High Value: 292,202
  • Low Value: 214,249

    Market Valuation

  • Market Total Value: $191,886
  • Market Land Value: $48,075
  • Market Improvement Value: $143,811

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $63,962
  • Assessed Land Value: $16,025
  • Assessed Improvements Value: $47,937

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 18, 2014
  • Current Sale Recording Date: Dec 04, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2014106034
  • Previous Sale Recording Date: Jan 21, 2003
  • Previous Sale Contract Date: Dec 16, 2002
  • Previous Sale Amount: $170,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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 Bolingbrook

Stats & Trends

Median Asking:

$385,000

Sale Price/ft²

$207

Below Asking

0.01%

Average Days on Market

44

Average Home Size

2140 ft²

Average Home Age

36.1 years

Currently For Sale

109 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 1440 Carleton Avenue, Naperville, IL, 60565

$2,800 /mo

  • 3 Beds
  • 1 Bath
  • 1,320 ft²
1440 Carleton Avenue, Naperville, IL, 60565 Listing by Frank Passaro
Unit for rent at 2013 Vanderbilt Court, Naperville, IL, 60565

$3,000 /mo

  • 3 Beds
  • 1 Bath
  • 1,320 ft²
2013 Vanderbilt Court, Naperville, IL, 60565 Listing by Michael Davis

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Karen Cookingham, L.W. Reedy Real Estate
Data Source: MRED, MLS# MRD12448244
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 231 North Canyon Drive built and last sold?
The property at 231 North Canyon Drive was built in 1978 and last sold on Oct 18, 2014 for $140,000.
How much is this home worth?
The estimated value of the home located at 231 North Canyon Drive is $0.
What are some comparable homes to 231 North Canyon Drive?
There are currently no comparable homes to 231 North Canyon Drive.
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