Putnam
3 Wood Drive
49
Map
$285,000
↓ $9K (3.1%)
●
House -
For Sale
3 Wood Drive
Putnam, IL 61560
3 Beds
2 Baths,
1
Half Bath
1,703 Ft²
$2,096
Est. Monthly
$68
HOA / Fees
About This Property
Beautiful brick open concept home in the desirable Lake Thunderbird
community sitting on a corner lot. This home features 3 bedrooms
and 2 and a half baths all on the main level. Basement is partially
finished which allows for additional space for entertaining,
relaxing, or a spot for weekend guests. Storage is no issue with
unfinished space in the basement, large two car garage and back
yard shed. There is plenty of parking and space to store boats,
campers, and any other recreation vehicles. Backyard allows for
ample privacy surrounded by a wooded lot. Updates include new
furnace and water softener in 2024 and new kitchen appliances in
2023. All appliances are included in the sale. Membership at
Thunderbird allows members access to a private beach, pool, and the
clubhouse.
Unit Size
1,703 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$167
Property Type
House
Property Taxes
$628
HOA Dues
$68
Year Built
-
Listed By
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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
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Has Open Parking
Parking Features: Driveway, Garage Door Opener, Garage, Attached, Yes
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Cathedral Ceiling(s), 1st Floor Bedroom, 1st Floor Full Bath
Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
Flooring Type: Hardwood
Laundry Features: Electric Dryer Hookup, In Unit
Rooms: 7
Has Fireplace
Fireplace Features: Wood Burning, Gas Starter
Fireplaces: 1
Basement: Partially Finished, Partial
Exterior Details
Square Footage: 1703
Square Footage Source: $0
Architectural Style: Ranch
Year Built: 2004
Other Structures: Shed(s)
Window Features: Screens, Skylight(s)
Construction Materials: Vinyl Siding, Brick
Patio and Porch Features: Patio
Lot Features: Corner Lot, Wooded, Water Rights, Mature Trees
Lot Size Area: 21780
Lot Size Units: Square Feet
Lot Size Acres: 0.5
Lot Size Square Feet: 21780
Lot Size Dimensions: 142X177X211X70
Water Source: Shared Well
Financial Details
Tax Annual Amount: $7,533
Utilities Details
Cooling Type: Central Air
Heating Type: Propane, Forced Air
Sewer : Septic Tank
Location Details
HOA/Condo/Coop Fee Includes: Water, Clubhouse, Pool, Lake Rights
HOA Fee: $817
HOA Fee Frequency: Annually
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Putnam
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Listed by: Bethany Coleman, Local Realty Group, Inc.
Data Source: MRED, MLS# MRD12680214
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.
Data Source: MRED, MLS# MRD12680214
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