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New Lenox 60451
2844 Cole Lane
$435,000
● House - Off Market

2844 Cole Lane

New Lenox, IL 60451
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,739 Ft²
$439,824
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model
Unit Size
2,739 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$157
Property Type
House
Property Taxes
$710
HOA Dues
$27
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.

Property Highlights

Garage
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: 11,783
  • 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: TAYLOR GLEN
  • Land Acres: 0000000270
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 121 IN TAYLOR GLEN UNIT TWO, BEING A SUB OF PRT OF THE W1/2 OF THE SE1/4 OF SEC 33, T35N-R11E.

Neighborhood

  • School District Name: Lincoln Way Community High School District 210
  • Census Tract: 881112

Geography

  • Parcel: 15-08-33-405-013
  • Lot: 121
  • Meridian: SEC 33 TWN 35N RNG 11E
  • Municipality: NEW LENOX
  • Latitude: 41.472
  • Longitude: -87.9719

    Address

  • Full Address: 2844 Cole Ln
  • Legal Unit: 2
  • Address - House Number: 2844
  • Address - Street Name: Cole
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: New Lenox
  • Carrier Code: R014
  • 4-Digit Zip Code: 2634
  • Zip Code: 60451

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $923,622
  • Tax Rate Code Area: 1509

    Appraisal Valuation

  • Standard Deviation: 0.1533
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 81
  • Final Value: 431,744
  • High Value: 497,966
  • Low Value: 365,523

    Market Valuation

  • Market Total Value: $338,235
  • Market Land Value: $107,424
  • Market Improvement Value: $230,811

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $112,745
  • Assessed Land Value: $35,808
  • Assessed Improvements Value: $76,937

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 07, 2022
  • Current Sale Recording Date: Jul 22, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 56075
  • Previous Sale Recording Date: Dec 06, 2010
  • Previous Sale Contract Date: Nov 24, 2010
  • Previous Sale Amount: $310,000
  • 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 New Lenox

Stats & Trends

Median Asking:

$447,900

Sale Price/ft²

$211

Below Asking

0.01%

Average Days on Market

44

Average Home Size

2181 ft²

Average Home Age

30 years

Currently For Sale

49 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: Kristina Klein, Realtopia Real Estate Inc
Data Source: MRED, MLS# MRD11400242
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 2844 Cole Lane built and last sold?
The property at 2844 Cole Lane was built in and last sold on Jul 7, 2022 for $435,000.
How much is this home worth?
The estimated value of the home located at 2844 Cole Lane is $0.
What are some comparable homes to 2844 Cole Lane?
There are currently no comparable homes to 2844 Cole Lane.
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