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Carol Stream 60188
331 Mohawk Drive
$265,000
● House - Off Market

331 Mohawk Drive

Carol Stream, IL 60188
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,070 Ft²
$272,334
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

One of the largest lots in subdivision on this private cul-de-sac location. Three bedroom, 2 bath ranch is the perfect single floor living for empty nesters or first time homebuyers. Updated kitchen and baths. Wonderful 3 season room when you enter the home leads you out the back to a spacious patio and your large fenced-in back yard or into the 1 car garage. Don't miss this great opportunity for this well cared for home.
Unit Size
1,070 Ft²
Days on Market
-
Land Size
0.53 acres
Price per sqft
$224
Property Type
House
Property Taxes
$368
HOA Dues
-
Year Built
1958

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #11173856)

Price History

Date / Event Date Event Price
Sep 15, 2021 Sold
Premium
Sold
Jul 30, 2021 Listed by Doran & Associates $239,900
Listed by Doran & Associates

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 134
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,988
  • Total Building Area: 1,056
  • Gross Building Area: 1,056
  • Building Area: 1,056
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 5
  • Heating: 0
  • Heated Square Feet: 1,056
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CAROL STREAM
  • Land Acres: 0000000390
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: CAROL STREAM UNIT TWO

Neighborhood

  • School District Name: Community Consolidated School District 93
  • School Tax School District: CAROL STREAM
  • Census Tract: 841206

Zoning

  • Zoning: B-1

Geography

  • Parcel: 02-32-108-017
  • Lot: 59
  • Municipality: BLOOMINGDALE
  • Latitude: 41.9122
  • Longitude: -88.1298

    Address

  • Full Address: 331 Mohawk Dr
  • Address - House Number: 331
  • Address - Street Name: Mohawk
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Carol Stream
  • Carrier Code: C014
  • 4-Digit Zip Code: 1914
  • Zip Code: 60188

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $635,426
  • Tax Rate Code Area: 2046

    Appraisal Valuation

  • Standard Deviation: 0.1571
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 80
  • Final Value: 278,438
  • High Value: 322,205
  • Low Value: 234,672

    Market Valuation

  • Market Total Value: $224,640
  • Market Land Value: $84,570
  • Market Improvement Value: $140,070

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $74,880
  • Assessed Land Value: $28,190
  • Assessed Improvements Value: $46,690

    Sales

  • Current Sale Contract Date: Sep 15, 2021
  • Current Sale Recording Date: Sep 21, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2021-140249

    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 Carol Stream

Stats & Trends

Median Asking:

$359,500

Sale Price/ft²

$227

Below Asking

0.01%

Average Days on Market

42

Average Home Size

1525 ft²

Average Home Age

42.1 years

Currently For Sale

35 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 800 Stanford Lane, Carol Stream, IL, 60188

$2,800 /mo

  • 3 Beds
  • 1 Bath
  • 1,520 ft²
800 Stanford Lane #800, Carol Stream, IL, 60188 Listing by Kimberly Peterson

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Michael Doran, Doran & Associates
Last Updated: 3 years ago
Data Source: MRED, MLS# 11173856
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 331 Mohawk Drive built and last sold?
The property at 331 Mohawk Drive was built in 1958 and last sold on Sep 15, 2021 for $265,000.
How much is this home worth?
The estimated value of the home located at 331 Mohawk Drive is $0.
What are some comparable homes to 331 Mohawk Drive?
There are currently no comparable homes to 331 Mohawk Drive.
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