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Joliet 60432
2703 MISTY BROOK LANE
$269,500
● House - Off Market

2703 MISTY BROOK LANE

JOLIET, IL 60432
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
$477,285
RealtyHop Estimate
70.52%
Since Mar 1, 2007
National-US
Primary Model

About This Property

GORGEOUS 3 BDRM LOADED W/UPGRADES! MSTR BDRM W/VAULTED CEILINGS, PLANT SHELF, ENORMOUS WALK-IN CLST & MSTR BTH. 2ND FL LAUNDRY, NEUTRAL CARPET, WOOD TRIM, SIX PANEL DOORS! KITCHEN FEATURES MAPLE CABINETRY & BRKFST NOOK. FULL FIN BSMT W/DRY BAR, FAMILY RM, STORAGE SPACE, FULL BTH & ROUGHED-IN PLUMBING. 2-CAR ATT GAR, GREAT BACKYARD W/FENCE. SHOW IT TODAY!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$243
HOA Dues
$14
Year Built
2005

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.

Property Highlights

Parking Available
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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 Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,995
  • Lot Size Depth Feet: 1,230
  • Lot Size Frontage Feet: 650
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NEUFAIRFIELD UNIT 2 AREA 1
  • Land Acres: 0000000180
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 96 IN NEUFAIRFIELD UNIT 2 AREA 1, BEING A SUB OF PART OF THE S1/2 OF SEC. 6, T35N-R11E.

Neighborhood

  • School District Name: New Lenox School District 122
  • Census Tract: 881108

Geography

  • Parcel: 15-08-06-311-010
  • Lot: 96
  • Meridian: SEC 06 TWN 35N RNG 11E
  • Municipality: NEW LENOX
  • Latitude: 41.5445
  • Longitude: -88.0165

    Address

  • Full Address: 2703 Misty Brook Ln
  • Legal Unit: 2
  • Address - House Number: 2703
  • Address - Street Name: Misty Brook
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Joliet
  • Carrier Code: R002
  • 4-Digit Zip Code: 0750
  • Zip Code: 60432

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $678,850
  • Tax Rate Code Area: 1531

    Appraisal Valuation

  • Standard Deviation: 0.1528
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 81
  • Final Value: 313,950
  • High Value: 361,924
  • Low Value: 265,977

    Market Valuation

  • Market Total Value: $240,093
  • Market Land Value: $54,171
  • Market Improvement Value: $185,922

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $80,031
  • Assessed Land Value: $18,057
  • Assessed Improvements Value: $61,974

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 17, 2018
  • Current Sale Recording Date: Aug 30, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2018061440
  • Previous Sale Recording Date: Jun 11, 2008
  • Previous Sale Contract Date: May 22, 2008
  • Previous Sale Amount: $217,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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 Joliet

Stats & Trends

Median Asking:

$340,000

Sale Price/ft²

$192

Above Asking

0.00%

Average Days on Market

46

Average Home Size

1865 ft²

Average Home Age

41.6 years

Currently For Sale

257 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: Yung-Wu Chen, MLS Realty
Data Source: MRED, MLS# MRD06335751
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 2703 Misty Brook Lane built and last sold?
The property at 2703 Misty Brook Lane was built in 2005 and last sold on Aug 17, 2018 for $250,000.
How much is this home worth?
The estimated value of the home located at 2703 Misty Brook Lane is $282,699.
What are some comparable homes to 2703 Misty Brook Lane?
There are currently no comparable homes to 2703 Misty Brook Lane.
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