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New Lenox 60451
2425 Jackson Branch Drive
$425,000
● House - Off Market

2425 Jackson Branch Drive

New Lenox, IL 60451
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,604 Ft²
$437,390
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

Original owners relocating to another state. Meticulously well-maintained 3 bedroom, 2 1/2 bath amazing ranch. Full finished basement great for entertaining which includes pool table and granite-top bar with an additional office/workout room. Extended concrete driveway and fully fenced yard with newer deck and shed.  Updates Include:  Attic Insulated, Basement Granite Bar Top 2022; New Siding, Basement Carpet, Refelted Pool Table 2021; New Windows, Trim and Doors, Overhead Garage Door, Family Room Carpet, Refinished Hardwood Floors 2019; Deck 2018; New Furnace/Central Air, New Roof 2015. Make this move-in ready house your new home!
Unit Size
1,604 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$268
Property Type
House
Property Taxes
$720
HOA Dues
-
Year Built
-

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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 #11724460)

Price History

Date / Event Date Event Price
Apr 3, 2023 Sold
Premium
Sold
Feb 20, 2023 Listed by Keller Williams Preferred Rlty $429,900
Listed by Keller Williams Preferred Rlty

Property Highlights

Air Conditioning
Fireplace

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: 9,685
  • 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: MEADOWVIEW
  • Land Acres: 0000000220
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 3 IN MEADOWVIEW, BEING A SUB OF PRT OF THE NW1/4 OF SEC. 32, T35N-R11E.

Neighborhood

  • School District Name: Lincoln Way Community High School District 210
  • Census Tract: 881109

Geography

  • Parcel: 15-08-32-109-026
  • Lot: 3
  • Meridian: SEC 32 TWN 35N RNG 11E
  • Municipality: NEW LENOX
  • Latitude: 41.4761
  • Longitude: -87.9947

    Address

  • Full Address: 2425 Jackson Branch Dr
  • Address - House Number: 2425
  • Address - Street Name: Jackson Branch
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: New Lenox
  • Carrier Code: R007
  • 4-Digit Zip Code: 2527
  • Zip Code: 60451

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $909,812
  • Tax Rate Code Area: 1509

    Appraisal Valuation

  • Standard Deviation: 0.1459
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 82
  • Final Value: 421,075
  • High Value: 482,546
  • Low Value: 359,604

    Market Valuation

  • Market Total Value: $333,447
  • Market Land Value: $84,729
  • Market Improvement Value: $248,718

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $111,149
  • Assessed Land Value: $28,243
  • Assessed Improvements Value: $82,906

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 23, 2023
  • Current Sale Recording Date: Apr 04, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 15704
  • Previous Sale Recording Date: May 29, 1998
  • Previous Sale Contract Date: May 27, 1998
  • Previous Sale Amount: $180,000
  • Previous Sale Document Type: 69

    Financing

  • First Mortgage Financing Type: ADJ
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 New Lenox

Stats & Trends

Median Asking:

$446,354

Sale Price/ft²

$211

Below Asking

0.01%

Average Days on Market

44

Average Home Size

2208 ft²

Average Home Age

29.3 years

Currently For Sale

50 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: Anita Izzo, Keller Williams Preferred Rlty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11724460
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 2425 Jackson Branch Drive built and last sold?
The property at 2425 Jackson Branch Drive was built in and last sold on Mar 23, 2023 for $425,000.
How much is this home worth?
The estimated value of the home located at 2425 Jackson Branch Drive is $0.
What are some comparable homes to 2425 Jackson Branch Drive?
There are currently no comparable homes to 2425 Jackson Branch Drive.
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