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Will 60449
3457 W Hamilton Road
$417,500
● House - Off Market

3457 W Hamilton Road

Monee, IL 60449
bedrooms
3 Beds
bathrooms
3 Baths
square feet
3,314 Ft²
$2,899
Est. Monthly
3.80%
Cap Rate

About This Property

Welcome to this farm house that is sits on a wooded 17 acre lot! Are you looking for privacy, or somewhere you can enjoy large family gatherings? This home needs some love but can be absolutely beautiful with a little work. Stunning long driveway through the forest to get to the property that's in the very back. So much potential, the opportunities or endless. Make an appointment today!
Unit Size
3,314 Ft²
Days on Market
-
Land Size
17.00 acres
Price per sqft
$121
Property Type
House
Property Taxes
$935
HOA Dues
-
Year Built
1900

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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.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 479
  • Garage Type: 4
  • Garage Square Area: 480
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 740,956
  • Total Building Area: 2,734
  • Building Area: 2,734
  • Building Area Measurement: M

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 2,255
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000017010
  • Standard Land Use Code: 1008
  • County Land Use Code: 0011
  • Legal Description 1: THAT PRT OF THE SE1/4 OF SEC 14, T34N-R13E DAF: COMM AT THE NW COR OF THE SE1/4 SD SEC; THC E ALG N LN OF SD SE1/4, 328.49 FT

Neighborhood

  • School District Name: Crete-Monee Community Unit School District 201-U
  • Census Tract: 883606

Geography

  • Parcel: 21-14-14-400-005
  • Meridian: SEC 14 TWN 34N RNG 13E
  • Municipality: MONEE
  • Latitude: 41.4321
  • Longitude: -87.6971

    Address

  • Full Address: 3457 W Hamilton Rd
  • Address - House Number: 3457
  • Street Direction: W
  • Address - Street Name: Hamilton
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Monee
  • Carrier Code: R001
  • 4-Digit Zip Code: 9477
  • Zip Code: 60449

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $996,612
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 2114

    Market Valuation

  • Market Total Value: $270,216
  • Market Land Value: $96,612
  • Market Improvement Value: $173,604

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $100,154
  • Assessed Land Value: $36,328
  • Assessed Improvements Value: $63,826
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 Will

Stats & Trends

Median Asking:

$389,990

Sale Price/ft²

$205

Below Asking

0.01%

Average Days on Market

47

Average Home Size

2342 ft²

Average Home Age

33.7 years

Currently For Sale

1511 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: Kenneth Hoffman, Hoffman Realtors LLC
Data Source: MRED, MLS# MRD12419698
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 3457 West Hamilton Road built and last sold?
The property at 3457 West Hamilton Road was built in 1900 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 3457 West Hamilton Road is $418,654.
What are some comparable homes to 3457 West Hamilton Road?
There are currently no comparable homes to 3457 West Hamilton Road.
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