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Wheaton 60187
308 Westwood Drive
$425,000
● House - Off Market

308 Westwood Drive

Wheaton, IL 60187
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,610 Ft²
$427,492
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

sold befor processing.
Unit Size
1,610 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$267
Property Type
House
Property Taxes
$605
HOA Dues
-
Year Built
1958

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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.

Last updated: 3 years ago (MRED MLS #11832292)

Price History

Date / Event Date Event Price
Aug 15, 2023 Sold
Premium
Sold
Jul 14, 2023 Listed by Affordable Real Estate, Inc. $429,900
Listed by Affordable Real Estate, Inc.

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 596
  • Garage Type: 4
  • Garage Square Area: 720
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,583
  • Lot Size Depth Feet: 140
  • Lot Size Frontage Feet: 70
  • Total Building Area: 1,788
  • Gross Building Area: 1,788
  • Building Area: 1,788
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,788
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SURETYS WESTWOOD
  • Land Acres: 0000000220
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: SURETYS WESTWOOD UNIT NO 4

Neighborhood

  • School District Name: Community Unit School District 200
  • School Tax School District: DISTRICT 200
  • Census Tract: 842603

Zoning

  • Zoning: R

Geography

  • Parcel: 05-17-112-012
  • Lot: 2
  • Municipality: MILTON
  • Latitude: 41.8674
  • Longitude: -88.1286

    Address

  • Full Address: 308 Westwood Dr
  • Legal Unit: 4
  • Address - House Number: 308
  • Address - Street Name: Westwood
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Wheaton
  • Carrier Code: C071
  • 4-Digit Zip Code: 3936
  • Zip Code: 60187

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $729,038
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 5012

    Appraisal Valuation

  • Standard Deviation: 0.1544
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 81
  • Final Value: 430,200
  • High Value: 496,648
  • Low Value: 363,751

    Market Valuation

  • Market Total Value: $333,810
  • Market Land Value: $90,660
  • Market Improvement Value: $243,150

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $111,270
  • Assessed Land Value: $30,220
  • Assessed Improvements Value: $81,050

    Sales

  • Current Sale Contract Date: Aug 14, 2023
  • Current Sale Recording Date: Aug 16, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 52459
  • Previous Sale Recording Date: Aug 10, 2015
  • Previous Sale Contract Date: Jul 21, 2015
  • Previous Sale Amount: $280,000
  • 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 Wheaton

Stats & Trends

Median Asking:

$465,000

Sale Price/ft²

$275

Below Asking

0.01%

Average Days on Market

37

Average Home Size

1866 ft²

Average Home Age

54 years

Currently For Sale

73 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 519 S Hale Street, Wheaton, IL, 60187

$2,750 /mo

  • 3 Beds
  • 1 Bath
  • 1,414 ft²
519 S Hale Street, Wheaton, IL, 60187 Listing by Jennifer Niederbrach-Soszko

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Jim Lewinski, Affordable Real Estate, Inc.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11832292
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 308 Westwood Drive built and last sold?
The property at 308 Westwood Drive was built in 1958 and last sold on Aug 14, 2023 for $425,000.
How much is this home worth?
The estimated value of the home located at 308 Westwood Drive is $434,099.
What are some comparable homes to 308 Westwood Drive?
There are currently no comparable homes to 308 Westwood Drive.
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