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Kankakee 60901
357 S Longwood Drive
$72,000
● House - Off Market

357 S Longwood Drive

Kankakee, IL 60901
bedrooms
3 Beds
bathrooms
1 Bath
square feet
869 Ft²
$81,123
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model

About This Property

Cute, cozy and Move In Ready 3 bedroom ranch with a 1 car attached garage. Perfect home for those just starting out or those ready to downsize. Large eat-in kitchen with tons of cabinets. Nice sized bedrooms with large closets. Privacy fenced yard with patio perfect for those BBQ nights! Freshly painted and nice and clean. Wont last! call today for your private showing!
Unit Size
869 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$86
Property Type
House
Property Taxes
$110
HOA Dues
-
Year Built
-

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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 #11219047)

Price History

Date / Event Date Event Price
Jan 5, 2022 Sold
Premium
Sold
Sep 14, 2021 Listed by Speckman Realty Real Living B $75,000
Listed by Speckman Realty Real Living B

Property Highlights

Garage

Building Info

Overview

    General

  • Bedroom Count: 0
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,200
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HILLCREST SUB
  • Land Acres: 0000000165
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: HILLCREST SUB LOT 6 BLK 3 03-30-13W

Neighborhood

  • School District Name: Kankakee School District 111
  • Census Tract: 011400

Geography

  • District: 12
  • Parcel: 12-17-03-103-006
  • Block: 3
  • Lot: 6
  • Municipality: AROMA
  • Latitude: 41.1148
  • Longitude: -87.8301

    Address

  • Full Address: 357 S Longwood Dr
  • Address - House Number: 357
  • Street Direction: S
  • Address - Street Name: Longwood
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Kankakee
  • Carrier Code: C028
  • 4-Digit Zip Code: 4459
  • Zip Code: 60901

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $156,578
  • Tax Rate Code Area: 12006

    Appraisal Valuation

  • Standard Deviation: 0.263
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 62
  • Final Value: 77,065
  • High Value: 97,326
  • Low Value: 56,803

    Market Valuation

  • Market Total Value: $59,238
  • Market Land Value: $4,647
  • Market Improvement Value: $54,591

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $19,746
  • Assessed Land Value: $1,549
  • Assessed Improvements Value: $18,197

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 05, 2022
  • Current Sale Recording Date: Jan 06, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 246
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 Kankakee

Stats & Trends

Median Asking:

$165,000

Sale Price/ft²

$120

Below Asking

0.02%

Average Days on Market

66

Average Home Size

1317 ft²

Average Home Age

91.1 years

Currently For Sale

46 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: Monica Pizano, Speckman Realty Real Living B
Last Updated: 3 years ago
Data Source: MRED, MLS# 11219047
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 357 South Longwood Drive built and last sold?
The property at 357 South Longwood Drive was built in and last sold on Jan 5, 2022 for $72,000.
How much is this home worth?
The estimated value of the home located at 357 South Longwood Drive is $77,176.
What are some comparable homes to 357 South Longwood Drive?
There are currently no comparable homes to 357 South Longwood Drive.
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