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Joliet 60431
3266 Cathy Drive
$330,000
● House - Off Market

3266 Cathy Drive

Joliet, IL 60431
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,830 Ft²
$2,190
Est. Monthly
7.95%
Cap Rate

About This Property

Welcome to this 3-bedroom, 2-bath tri-level home with a spacious layout. The main level features a vaulted-ceiling living room and a kitchen with a dedicated dining area. Step down into the large family room with a cozy fireplace and a second full bath - perfect for entertaining or relaxing. Most of the home has been updated with new flooring for a fresh, modern feel. You'll also appreciate the sub-basement for extra storage, a 2-car attached garage, and a fully fenced backyard for privacy and outdoor enjoyment. Conveniently located near I-80 and I-55, making commuting a breeze.
Unit Size
1,830 Ft²
Days on Market
-
Land Size
-
Price per sqft
$175
Property Type
House
Property Taxes
$618
HOA Dues
-
Year Built
1990

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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: 1990
  • Effective Year Built: 1990
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 41
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 660
  • Garage Type: 1
  • Garage Square Area: 462
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,695
  • Total Building Area: 2,952
  • Building Area: 1,830
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,830
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CAMBRIDGE
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 147 IN CAMBRIDGE UNIT 3, BEING A SUB OF PRT OF THE NE1/4 OF SEC 23, T35N-R9E.

Neighborhood

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

Geography

  • Parcel: 05-06-23-276-015
  • Lot: 147
  • Meridian: SEC 23 TWN 35N RNG 09E
  • Municipality: TROY
  • Latitude: 41.5003
  • Longitude: -88.1626

    Address

  • Full Address: 3266 Cathy Dr
  • Legal Unit: 3
  • Address - House Number: 3266
  • Address - Street Name: Cathy
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Joliet
  • Carrier Code: R008
  • 4-Digit Zip Code: 9068
  • Zip Code: 60431

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $689,962
  • Tax Rate Code Area: 0520

    Appraisal Valuation

  • Standard Deviation: 0.1667
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 78
  • Final Value: 279,108
  • High Value: 325,657
  • Low Value: 232,559

    Market Valuation

  • Market Total Value: $223,014
  • Market Land Value: $33,912
  • Market Improvement Value: $189,102

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $74,338
  • Assessed Land Value: $11,304
  • Assessed Improvements Value: $63,034

    Sales

  • Current Sale Contract Date: May 17, 2022
  • Current Sale Recording Date: Jun 01, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 42722
  • Previous Sale Recording Date: Feb 24, 2015
  • Previous Sale Contract Date: Dec 29, 2014
  • Previous Sale Amount: $99,989
  • Previous Sale Document Type: 68
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 Joliet

Stats & Trends

Median Asking:

$340,000

Sale Price/ft²

$192

Above Asking

0.00%

Average Days on Market

46

Average Home Size

1836 ft²

Average Home Age

42.7 years

Currently For Sale

257 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 1217 Rock Run Crossings Drive, Joliet, IL, 60431

$2,358 /mo

  • 2 Beds
  • 2 Baths
  • 1,193 ft²
1217 Rock Run Crossings Drive #211, Joliet, IL, 60431 Listing by Tabren Smith

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Carlos Olvera, Fathom Realty IL LLC
Data Source: MRED, MLS# MRD12459748
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 3266 Cathy Drive built and last sold?
The property at 3266 Cathy Drive was built in 1990 and last sold on May 17, 2022 for $250,000.
How much is this home worth?
The estimated value of the home located at 3266 Cathy Drive is $324,788.
What are some comparable homes to 3266 Cathy Drive?
There are currently no comparable homes to 3266 Cathy Drive.
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