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Braidwood 60408
240 MITCHELL Court
$279,900
● House - Off Market

240 MITCHELL Court

Braidwood, IL 60408
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,200 Ft²
$1,662
Est. Monthly
12.06%
Cap Rate

About This Property

AWESOME FAMILY HOME, GREAT KITCHEN WITH GRANITE COUNTERS AND BREAKFAST AREA LEADING TO BIG BACK YARD. 4 BEDROOM, 2 1/2 BATH LOCATED ON QUIET CUL-DE-SAC. ALL LARGE BEDROOMS, MASTER BEDROOM FEATURES MASTER BATH, DOUBLE SINKS, SOAKING TUB, SEPARATE SHOWER, FIRST FLOOR LAUNDRY. HUGE UPSTAIRS BEDROOMS WITH WIC'S AND LOFT.****LOW TAXES****SELLER WILL BE PUTTING A NEW ROOF ON IN THE NEXT FEW WEEKS WEATHER PERMITTING***
Unit Size
2,200 Ft²
Days on Market
-
Land Size
-
Price per sqft
$127
Property Type
House
Property Taxes
$287
HOA Dues
-
Year Built
-

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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 #11927719)

Price History

Date / Event Date Event Price
Mar 7, 2024 Sold
Premium
Sold
Nov 14, 2023 Listed by Coldwell Banker Real Estate Group $279,900
Listed by Coldwell Banker Real Estate Group

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: 16,195
  • 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: CLEARWATER SPRINGS AL MIRAGE
  • Land Acres: 0000000370
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 12 IN 1ST ADDN TO MCCLEAN SUB, A SUB OF PRT OF THE E1/2 SE1/4 OF SEC 5, T32N-R9E.

Neighborhood

  • School District Name: Reed Custer Community Unit School District 255U
  • Census Tract: 884003

Geography

  • Parcel: 02-24-05-404-011
  • Lot: 12
  • Meridian: SEC 05 TWN 32N RNG 09E
  • Municipality: REED TWP
  • Latitude: 41.2762
  • Longitude: -88.2117

    Address

  • Full Address: 240 Mitchell Ct
  • Address - House Number: 240
  • Address - Street Name: Mitchell
  • Address - Suffix Type: Ct
  • State: IL
  • City Name: Braidwood
  • Carrier Code: R002
  • 4-Digit Zip Code: 2124
  • Zip Code: 60408

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $344,028
  • Tax Rate Code Area: 0207

    Appraisal Valuation

  • Standard Deviation: 0.0862
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 93
  • Final Value: 272,433
  • High Value: 295,926
  • Low Value: 248,941

    Market Valuation

  • Market Total Value: $167,679
  • Market Land Value: $31,035
  • Market Improvement Value: $136,644

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $55,893
  • Assessed Land Value: $10,345
  • Assessed Improvements Value: $45,548

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 21, 2024
  • Current Sale Recording Date: Mar 11, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 11579
  • Previous Sale Recording Date: Oct 03, 2014
  • Previous Sale Contract Date: Sep 19, 2014
  • Previous Sale Document Type: 68
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 Braidwood

Stats & Trends

Median Asking:

$267,000

Sale Price/ft²

$194

Below Asking

0.02%

Average Days on Market

53

Average Home Size

1187 ft²

Average Home Age

27.7 years

Currently For Sale

23 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: Kristine Henderson, Coldwell Banker Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11927719
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 240 Mitchell Court built and last sold?
The property at 240 Mitchell Court was built in and last sold on Feb 21, 2024 for $279,900.
How much is this home worth?
The estimated value of the home located at 240 Mitchell Court is $289,264.
What are some comparable homes to 240 Mitchell Court?
There are currently no comparable homes to 240 Mitchell Court.
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