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Flossmoor 60422
3042 Carmel Drive
$420,000
● House - Off Market

3042 Carmel Drive

Flossmoor, IL 60422
bedrooms
4 Beds
bathrooms
4 Baths
square feet
2,509 Ft²
$3,074
Est. Monthly
5.39%
Cap Rate

About This Property

Wonderful single family home close to Homewood-Flossmoor High School in a sought after neighborhood.  New roof, updated kitchen, new main floor full bath, new interior paint, super yard, new engineered hardwood and new carpeting on floors throughout. Exterior stucco repaired and painted. Finished basement with full bath. Massive primary suite with whirlpool and shower. HVAC just serviced, windows and screens cleaned. 2+ car garage. Move in ready!  Get in early and grab this now!
Unit Size
2,509 Ft²
Days on Market
-
Land Size
-
Price per sqft
$165
Property Type
House
Property Taxes
$1,036
HOA Dues
-
Year Built
1991

Payment Calculator

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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

Building Info

Overview

    General

  • Year Built: 1991
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 60
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,087
  • Total Building Area: 2,509
  • Gross Building Area: 2,509
  • Building Area: 2,509
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,509
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PINEWOOD MANOR OF FLOSSMOOR
  • Land Acres: 0000000323
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-78
  • Legal Description 1: (PINEWOOD) MANOR OF (FLOSSMOOR) BNG A SUB IN THE SW N W SEC 01-35-13

Neighborhood

  • School District Name: Homewood-Flossmoor Community High School District 233
  • Census Tract: 829800

Geography

  • District: 32
  • Parcel: 31-01-113-008-0000
  • Lot: 31
  • Meridian: SEC 01 TWN 35N RNG 13E
  • Municipality: RICH
  • Latitude: 41.5509
  • Longitude: -87.6915

    Address

  • Full Address: 3042 Carmel Dr
  • Address - House Number: 3042
  • Address - Street Name: Carmel
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Flossmoor
  • Carrier Code: R002
  • 4-Digit Zip Code: 2266
  • Zip Code: 60422

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,000,466
  • Tax Rate Code Area: 32012

    Appraisal Valuation

  • Standard Deviation: 0.2323
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 385,018
  • High Value: 474,483
  • Low Value: 295,554

    Market Valuation

  • Market Total Value: $360,000
  • Market Land Value: $84,520
  • Market Improvement Value: $275,480

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $36,000
  • Assessed Land Value: $8,452
  • Assessed Improvements Value: $27,548
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 Flossmoor

Stats & Trends

Median Asking:

$350,000

Sale Price/ft²

$150

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2169 ft²

Average Home Age

58.5 years

Currently For Sale

28 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 17681 Country Club Drive, Country Club Hills, IL, 60478

$2,900 /mo

  • 4 Beds
  • 2 Baths
  • 1,638 ft²
17681 Country Club Drive, Country Club Hills, IL, 60478 Listing by Sandra Lee

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Richard Kasper, Compass
Data Source: MRED, MLS# MRD12399963
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 3042 Carmel Drive built and last sold?
The property at 3042 Carmel Drive was built in 1991 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 3042 Carmel Drive is $0.
What are some comparable homes to 3042 Carmel Drive?
There are currently no comparable homes to 3042 Carmel Drive.
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