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Morris 60450
2591 Cobblestone Ct.
$247,000
● House - Off Market

2591 Cobblestone Ct.

MORRIS, IL 60450
bedrooms
3 Beds
bathrooms
2 Baths
$433,606
RealtyHop Estimate
73.44%
Since Sep 1, 2007
National-US
Primary Model

About This Property

BRAND NEW 3 BR, 2 BA ranch home. Attractive brick and vinyl exterior. Many upgrades - ceramic tile entry and 6 panel doors.  Oak cabinets & trim. Volume ceilings. Includes dishwasher, central air, micro/fan & GDO.  Desirable "split bedroom" floor plan. Large master BR suite w/whirlpool tub & separate shower. Full basement with rough-in for bath. Fireplace. HA to be formed. BE THE FIRST TO LIVE HERE!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$5
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: 2 years ago (MRED MLS #06302715)

Price History

Date / Event Date Event Price
Aug 23, 2007 Sold
Premium
Sold
Oct 3, 2006 Listed by Century 21 Coleman-Hornsby $250,000
Listed by Century 21 Coleman-Hornsby

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: 10,019
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 800
  • 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: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COBBLESTONE COURT SUBDIVISION
  • Land Acres: 0000000230
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: COBBLESTONE COURT SUB LT 22 SEC 33-34-7

Neighborhood

  • School District Name: Saratoga Community Consolidated School District 60C
  • Census Tract: 000200

Geography

  • District: 15
  • Parcel: 02-33-128-013
  • Lot: 22
  • Meridian: SEC 33 TWN 34N RNG 07W
  • Municipality: SARATOGA TOWNSHIP
  • Latitude: 41.3839
  • Longitude: -88.4342

    Address

  • Full Address: 2591 Cobblestone Ct
  • Address - House Number: 2591
  • Address - Street Name: Cobblestone
  • Address - Suffix Type: Ct
  • State: IL
  • City Name: Morris
  • Carrier Code: R004
  • 4-Digit Zip Code: 2532
  • Zip Code: 60450

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $612,982
  • Tax Rate Code Area: 15002

    Appraisal Valuation

  • Standard Deviation: 0.1805
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 76
  • Final Value: 308,526
  • High Value: 364,218
  • Low Value: 252,834

    Market Valuation

  • Market Total Value: $253,398
  • Market Land Value: $42,699
  • Market Improvement Value: $210,699

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $84,466
  • Assessed Land Value: $14,233
  • Assessed Improvements Value: $70,233

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 29, 2022
  • Current Sale Recording Date: Oct 19, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 616307
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 Morris

Stats & Trends

Median Asking:

$307,000

Sale Price/ft²

$174

Below Asking

0.02%

Average Days on Market

43

Average Home Size

1933 ft²

Average Home Age

59 years

Currently For Sale

18 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: , Century 21 Coleman-Hornsby
Last Updated: 2 years ago
Data Source: MRED, MLS# 06302715
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 2591 Cobblestone Court built and last sold?
The property at 2591 Cobblestone Court was built in and last sold on Sep 29, 2022 for $325,000.
How much is this home worth?
The estimated value of the home located at 2591 Cobblestone Court is $0.
What are some comparable homes to 2591 Cobblestone Court?
There are currently no comparable homes to 2591 Cobblestone Court.
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