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Bolingbrook 60440
296 Berkeley Drive
$390,000
● House - Off Market

296 Berkeley Drive

Bolingbrook, IL 60440
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,713 Ft²
$431,616
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

Come out and see the largest home in the subdivision! This Bolingbrook gem has a 2 car attached garage, 4 bedrooms, 2.5 baths, living room, dining room, den/office and huge unfinished basement for extra storage. The gorgeous backyard is serene yet perfect for entertaining. Come see it today, this will go quickly!
Unit Size
2,713 Ft²
Days on Market
-
Land Size
-
Price per sqft
$153
Property Type
House
Property Taxes
$937
HOA Dues
-
Year Built
2004

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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 #11464670)

Price History

Date / Event Date Event Price
Sep 8, 2022 Sold
Premium
Sold
Jul 14, 2022 Listed by eXp Realty, LLC $415,000
Listed by eXp Realty, LLC

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 2
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 418
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,446
  • Total Building Area: 2,713
  • Building Area: 2,713
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 2,713
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKEWOOD RIDGE
  • Land Acres: 0000000217
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 455 IN LAKEWOOD RIDGE UNIT 1, BEING A SUB OF PRT OF SEC. 9, LYG S'LY OF THE INDIAN BOUNDARY LINE, T37N-R10E.

Neighborhood

  • School District Name: Valley View Community Unit School District 365U
  • Census Tract: 880105

Geography

  • Parcel: 12-02-09-302-025
  • Lot: 455
  • Meridian: SEC 09 TWN 37N RNG 10E
  • Municipality: DUPAGE
  • Latitude: 41.7046
  • Longitude: -88.1034

    Address

  • Full Address: 296 Berkeley Dr
  • Legal Unit: 1
  • Address - House Number: 296
  • Address - Street Name: Berkeley
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Bolingbrook
  • Carrier Code: C018
  • 4-Digit Zip Code: 6122
  • Zip Code: 60440

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,204,292
  • Tax Rate Code Area: 1214

    Appraisal Valuation

  • Standard Deviation: 0.1451
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 82
  • Final Value: 396,367
  • High Value: 453,906
  • Low Value: 338,828

    Market Valuation

  • Market Total Value: $309,759
  • Market Land Value: $72,402
  • Market Improvement Value: $237,357

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $103,253
  • Assessed Land Value: $24,134
  • Assessed Improvements Value: $79,119

    Sales

  • Current Sale Contract Date: Sep 07, 2022
  • Current Sale Recording Date: Sep 16, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 69061
  • Previous Sale Recording Date: Jul 27, 2004
  • Previous Sale Contract Date: Jul 07, 2004
  • Previous Sale Amount: $287,500
  • 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 Bolingbrook

Stats & Trends

Median Asking:

$385,000

Sale Price/ft²

$207

Below Asking

0.01%

Average Days on Market

44

Average Home Size

2135 ft²

Average Home Age

36 years

Currently For Sale

106 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

Unit for rent at 213 Campbell Drive, Bolingbrook, IL, 60440

$3,600 /mo

  • 4 Beds
  • 2 Baths
  • 2,130 ft²
213 Campbell Drive, Bolingbrook, IL, 60440 Listing by Shaik Ahmed

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Daphne Pinkney, eXp Realty, LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11464670
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 296 Berkeley Drive built and last sold?
The property at 296 Berkeley Drive was built in 2004 and last sold on Sep 7, 2022 for $390,000.
How much is this home worth?
The estimated value of the home located at 296 Berkeley Drive is $0.
What are some comparable homes to 296 Berkeley Drive?
There are currently no comparable homes to 296 Berkeley Drive.
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