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Romeoville 60446
320 Richfield Trail
$200,000
● House - Off Market

320 Richfield Trail

Romeoville, IL 60446
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,668 Ft²
$1,252
Est. Monthly
$40
HOA / Fees
15.16%
Cap Rate

About This Property

Complete gut rehab. Lots of potential for the price but needs work. No A/C. Property being sold AS-IS WHERE-IS
Unit Size
1,668 Ft²
Days on Market
-
Land Size
-
Price per sqft
$120
Property Type
House
Property Taxes
$229
HOA Dues
$40
Year Built
2001

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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

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 35
  • Exterior Walls Type: 0
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,928
  • Total Building Area: 1,668
  • Building Area: 1,668
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,668
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKEWOOD FALLS UNIT 5 POD 22
  • Land Acres: 0000000090
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: PARCEL 2 LOT 49 IN LAKEWOOD FALLS UNIT 5 POD 22, BEING A SUB OF PART OF THE SE 1/4 OF SEC 12, T36N-R9E. EXCEPT THAT PART DAF:

Neighborhood

  • School District Name: Plainfield School District 202
  • Census Tract: 880426

Geography

  • Parcel: 06-03-12-408-036
  • Lot: 49
  • Meridian: SEC 12 TWN 36N RNG 09E
  • Municipality: PLAINFIELD
  • Latitude: 41.6118
  • Longitude: -88.1462

    Address

  • Full Address: 320 Richfield Trl
  • Legal Unit: 5
  • Address - House Number: 320
  • Address - Street Name: Richfield
  • Address - Suffix Type: Trl
  • State: IL
  • City Name: Romeoville
  • Carrier Code: R030
  • 4-Digit Zip Code: 5057
  • Zip Code: 60446

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $345,150
  • Tax Rate Code Area: 0622

    Appraisal Valuation

  • Standard Deviation: 0.1419
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 83
  • Final Value: 267,504
  • High Value: 305,481
  • Low Value: 229,527

    Market Valuation

  • Market Total Value: $188,073
  • Market Land Value: $26,052
  • Market Improvement Value: $162,021

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $62,691
  • Assessed Land Value: $8,684
  • Assessed Improvements Value: $54,007

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 24, 2001
  • Current Sale Recording Date: Jun 07, 2001
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2001069581
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 Romeoville

Stats & Trends

Median Asking:

$315,000

Sale Price/ft²

$196

Below Asking

0.01%

Average Days on Market

48

Average Home Size

1689 ft²

Average Home Age

36.8 years

Currently For Sale

59 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 579 Scott Lane, Romeoville, IL, 60446

$2,950 /mo

  • 3 Beds
  • 2 Baths
  • 1,564 ft²
579 Scott Lane, Romeoville, IL, 60446 Listing by Aleksandr Katsman
Unit for rent at 14252 S Hemingway Circle, Plainfield, IL, 60544

$2,950 /mo

  • 4 Beds
  • 2 Baths
  • 2,031 ft²
14252 S Hemingway Circle, Plainfield, IL, 60544 Listing by Fawad Shahid

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Max Shallow, RE/MAX Professionals Select
Data Source: MRED, MLS# MRD12414983
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 320 Richfield Trail built and last sold?
The property at 320 Richfield Trail was built in 2001 and last sold on May 24, 2001 for $135,000.
How much is this home worth?
The estimated value of the home located at 320 Richfield Trail is $209,321.
What are some comparable homes to 320 Richfield Trail?
There are currently no comparable homes to 320 Richfield Trail.
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