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Joliet 60431 Cambridge
3231 Windsor Lane
$200,000
● House - Off Market

3231 Windsor Lane

Joliet, IL 60431
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,008 Ft²
$1,550
Est. Monthly
11.26%
Cap Rate

About This Property

Located on the corner of a cul de sac & dead end street in well established College Park neighborhood with Troy schools. Features include, eat in kitchen, large 700 sq. ft  deck, three spacious bedrooms,1.5 baths, second floor laundry, 2 car attached garage with extra depth for storage. New roof,gutters and sliding glass door in 2017. Home is sold AS IS, and in need of some tlc, great potential here!
Unit Size
1,008 Ft²
Days on Market
-
Land Size
0.38 acres
Price per sqft
$233
Property Type
House
Property Taxes
$396
HOA Dues
-
Year Built
1987

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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: 2 years ago (MRED MLS #12110612)

Price History

Date / Event Date Event Price
Nov 9, 2024 Sold
Premium
Sold
Sep 6, 2024 Listed by john greene, Realtor $235,000
Listed by john greene, Realtor

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 1
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 384
  • Garage Type: 7
  • Garage Square Area: 624
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,650
  • Total Building Area: 1,008
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COLLEGE PARK
  • Land Acres: 0000000380
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 242 IN COLLEGE PARK UNIT 3, BEING A SUB OF PRT OF THE E1/2 OF THE NE1/4 OF SEC. 23, T35N-R9E.

Neighborhood

  • School District Name: Troy Community Consolidated School District 30C
  • Census Tract: 883211

Geography

  • Parcel: 05-06-23-205-001
  • Lot: 242
  • Meridian: SEC 23 TWN 35N RNG 09E
  • Municipality: TROY
  • Latitude: 41.5069
  • Longitude: -88.1606

    Address

  • Full Address: 3231 Windsor Ln
  • Legal Unit: 3
  • Address - House Number: 3231
  • Address - Street Name: Windsor
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Joliet
  • Carrier Code: R008
  • 4-Digit Zip Code: 9314
  • Zip Code: 60431

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $474,734
  • Tax Rate Code Area: 0520

    Appraisal Valuation

  • Standard Deviation: 0.1644
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 79
  • Final Value: 215,589
  • High Value: 251,050
  • Low Value: 180,127

    Market Valuation

  • Market Total Value: $171,447
  • Market Land Value: $33,912
  • Market Improvement Value: $137,535

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $57,149
  • Assessed Land Value: $11,304
  • Assessed Improvements Value: $45,845

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 03, 2020
  • Current Sale Recording Date: Jun 02, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2020042048
  • Previous Sale Recording Date: Dec 28, 2007
  • Previous Sale Contract Date: Dec 11, 2007
  • Previous Sale Amount: $147,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: UNK
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 Cambridge

Stats & Trends

Median Asking:

$319,900

Sale Price/ft²

$194

Below Asking

0.02%

Average Days on Market

44

Average Home Size

1476 ft²

Average Home Age

40.7 years

Currently For Sale

3 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

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MRED

Listed by: Keith Lang, john greene, Realtor
Last Updated: 2 years ago
Data Source: MRED, MLS# 12110612
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 3231 Windsor Lane built and last sold?
The property at 3231 Windsor Lane was built in 1987 and last sold on May 3, 2020 for $159,000.
How much is this home worth?
The estimated value of the home located at 3231 Windsor Lane is $236,262.
What are some comparable homes to 3231 Windsor Lane?
There are currently no comparable homes to 3231 Windsor Lane.
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