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Manteno 60950
361 Cardinal Drive
$350,000
● House - Off Market

361 Cardinal Drive

Manteno, IL 60950
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,884 Ft²
$2,411
Est. Monthly
6.43%
Cap Rate

About This Property

Quality, custom built 3 bedroom, 2 bath split plan ranch with hardwood.  Eat in kitchen includes ample storage and island and leads out to 8 x 12 covered deck and paver patio with retractable sun shade.  Cathedral ceilings, fireplace and custom touches throughout.  Full basement, partially finished with rec room, workshop and potential for fourth bedroom/office. Whole house generator and new HVAC in 2022. So much storage in basement, garage cupboards and 10x 12 shed.  In a league of it's own, this is one you don't want to miss.
Unit Size
1,884 Ft²
Days on Market
-
Land Size
-
Price per sqft
$196
Property Type
House
Property Taxes
$594
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 #12031426)

Price History

Date / Event Date Event Price
Aug 29, 2024 Sold
Premium
Sold
May 16, 2024 Listed by LaMore Realty $369,900
Listed by LaMore Realty

Property Highlights

Air Conditioning

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: 11,200
  • 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: LESTER ESTATES
  • Land Acres: 0000000257
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: LESTER ESTATES LOT 31 17-32-12E

Neighborhood

  • School District Name: Manteno Community Unit School District 5
  • Census Tract: 010201

Geography

  • District: 3
  • Parcel: 03-02-17-401-031
  • Lot: 31
  • Municipality: MANTENO
  • Latitude: 41.2536
  • Longitude: -87.8609

    Address

  • Full Address: 361 Cardinal Dr
  • Address - House Number: 361
  • Address - Street Name: Cardinal
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Manteno
  • Carrier Code: R005
  • 4-Digit Zip Code: 9482
  • Zip Code: 60950

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $712,528
  • Tax Rate Code Area: 3002

    Appraisal Valuation

  • Standard Deviation: 0.2147
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 70
  • Final Value: 340,860
  • High Value: 414,075
  • Low Value: 267,644

    Market Valuation

  • Market Total Value: $270,651
  • Market Land Value: $46,143
  • Market Improvement Value: $224,508

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $90,217
  • Assessed Land Value: $15,381
  • Assessed Improvements Value: $74,836

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes
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 Manteno

Stats & Trends

Median Asking:

$339,000

Sale Price/ft²

$178

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1744 ft²

Average Home Age

48.6 years

Currently For Sale

21 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: Gina LaMore, LaMore Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 12031426
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 361 Cardinal Drive built and last sold?
The property at 361 Cardinal Drive was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 361 Cardinal Drive is $0.
What are some comparable homes to 361 Cardinal Drive?
There are currently no comparable homes to 361 Cardinal Drive.
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