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Joliet 60586 Cumberland
2314 Hasting Drive
$345,000
● House - Off Market

2314 Hasting Drive

Plainfield, IL 60586
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,528 Ft²
$2,258
Est. Monthly
6.78%
Cap Rate

About This Property

Discover your dream home in this beautifully remodeled ranch-style residence that perfectly combines comfort and modern living. Featuring three generous bedrooms and two updated bathrooms, this home is ideal for families and anyone looking for a serene living environment. The spacious two-car garage provides ample parking and storage, while the unfinished basement offers endless potential for customization.
Unit Size
1,528 Ft²
Days on Market
-
Land Size
-
Price per sqft
$232
Property Type
House
Property Taxes
$515
HOA Dues
-
Year Built
2000

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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: 2000
  • Effective Year Built: 2000
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,047
  • Total Building Area: 1,528
  • Building Area: 1,528
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,528
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CUMBERLAND UNIT 1
  • Land Acres: 0000000210
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 73 IN CUMBERLAND SUB UNIT 1, A SUB OF PRT OF THE NW1/4 OF SEC 31, T36N-R9E.

Neighborhood

  • School District Name: Plainfield School District 202
  • Census Tract: 880432

Geography

  • Parcel: 06-03-31-102-003
  • Lot: 73
  • Meridian: SEC 31 TWN 36N RNG 09E
  • Municipality: PLAINFIELD
  • Latitude: 41.5639
  • Longitude: -88.2506

    Address

  • Full Address: 2314 Hastings Dr
  • Legal Unit: 1
  • Address - House Number: 2314
  • Address - Street Name: Hastings
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Plainfield
  • Carrier Code: R040
  • 4-Digit Zip Code: 7689
  • Zip Code: 60586

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $571,010
  • Tax Rate Code Area: 0606

    Appraisal Valuation

  • Standard Deviation: 0.1699
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 78
  • Final Value: 303,960
  • High Value: 355,639
  • Low Value: 252,281

    Market Valuation

  • Market Total Value: $236,145
  • Market Land Value: $53,391
  • Market Improvement Value: $182,754

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $78,715
  • Assessed Land Value: $17,797
  • Assessed Improvements Value: $60,918

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 06, 2012
  • Current Sale Recording Date: Sep 26, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2012107210
  • Previous Sale Recording Date: Nov 10, 2003
  • Previous Sale Contract Date: Jun 24, 2003
  • Previous Sale Document Type: 40
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 Cumberland

Stats & Trends

Median Asking:

$419,950

Sale Price/ft²

$200

Below Asking

0.01%

Average Days on Market

54

Average Home Size

2255 ft²

Average Home Age

3.4 years

Currently For Sale

7 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: Ella Roshass, Tolstoy Realty
Data Source: MRED, MLS# MRD12393845
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 2314 Hastings Drive built and last sold?
The property at 2314 Hastings Drive was built in 2000 and last sold on Sep 6, 2012 for $110,000.
How much is this home worth?
The estimated value of the home located at 2314 Hastings Drive is $358,547.
What are some comparable homes to 2314 Hastings Drive?
There are currently no comparable homes to 2314 Hastings Drive.
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