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Ringwood 60072
2413 Justen Lane
$56,000
● Land - Off Market

2413 Justen Lane

Ringwood, IL 60072
bedrooms
Studio
bathrooms
0 Bath
$61,726
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

Largest lot in the subdivision and in the most beautiful tree lined location.  Perfect for a walk out basement.
Unit Size
-
Days on Market
-
Land Size
2.12 acres
Price per sqft
-
Property Type
Land
Property Taxes
$83
HOA Dues
-
Year Built
-

Payment Calculator

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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.

Last updated: 3 years ago (MRED MLS #11339559)

Price History

Date / Event Date Event Price
Mar 10, 2023 Sold
Premium
Sold
Mar 4, 2022 Listed by RE/MAX Plaza $59,900
Listed by RE/MAX Plaza

Property Highlights

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: 92,347
  • 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: V
  • Subdivision: PIONEER OAKS
  • Land Acres: 0000002131
  • Standard Land Use Code: 8000
  • County Land Use Code: 0030
  • Legal Description 1: DOC 2006R0093750 LT 26 PIONEER OAKS OF RINGWOOD

Neighborhood

  • School District Name: Johnsburg Community Unit School District 12
  • Census Tract: 870703

Geography

  • Parcel: 09-10-253-008
  • Lot: 26
  • Municipality: MCHENRY TWP
  • Latitude: 42.394
  • Longitude: -88.2822

    Address

  • Full Address: 2413 Justen Farm Ln
  • Address - House Number: 2413
  • Address - Street Name: Justen Farm
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Ringwood
  • Carrier Code: R001
  • 4-Digit Zip Code: 9206
  • Zip Code: 60072

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $106,570
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 09025

    Market Valuation

  • Market Total Value: $40,881
  • Market Land Value: $40,881

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $13,627
  • Assessed Land Value: $13,627

    Sales

  • Current Sale Contract Date: Mar 07, 2023
  • Current Sale Recording Date: Mar 27, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6564
  • Previous Sale Recording Date: Dec 26, 2006
  • Previous Sale Contract Date: Dec 21, 2006
  • Previous Sale Amount: $180,000
  • Previous Sale Document Type: 71
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 Ringwood

Stats & Trends

Median Asking:

$707,450

Sale Price/ft²

$210

Below Asking

0.01%

Average Days on Market

42

Average Home Size

3958 ft²

Average Home Age

17.5 years

Currently For Sale

2 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: Elise Livingston, RE/MAX Plaza
Last Updated: 3 years ago
Data Source: MRED, MLS# 11339559
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 2413 Justen Lane built and last sold?
The property at 2413 Justen Lane was built in and last sold on Mar 7, 2023 for $56,000.
How much is this home worth?
The estimated value of the home located at 2413 Justen Lane is $0.
What are some comparable homes to 2413 Justen Lane?
There are currently no comparable homes to 2413 Justen Lane.
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