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Grundy 60450
3610 Plaza Drive
$325,000
● House - Off Market

3610 Plaza Drive

Morris, IL 60450
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,000 Ft²
$1,998
Est. Monthly
11.90%
Cap Rate

About This Property

Enjoy this BEAUTIFUL recently updated Morris home! Featuring a 4 bedroom 2 bathroom floor plan, with an attached garage , fenced in yard & storage shed! Located on a dead end street! Roof only about 4 years old. HUGE living room and eat in dining area! Separate laundry room! Also featuring a massive master BR suite with walk in closet and full bathroom - soaking tub & walk in shower! Make an appointment to view today!
Unit Size
2,000 Ft²
Days on Market
-
Land Size
-
Price per sqft
$165
Property Type
House
Property Taxes
$377
HOA Dues
-
Year Built
1971

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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: 1971
  • Effective Year Built: 1971
  • 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: 17,424
  • Total Building Area: 1,440
  • Gross Building Area: 1,440
  • Building Area: 1,440
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,440
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LORI-SUE SUBDIVISION
  • Land Acres: 0000000400
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: LORI-SUE SUB LT 10 SEC 14-33-7

Neighborhood

  • School District Name: Morris School District 54
  • Census Tract: 000500

Geography

  • District: 17
  • Parcel: 05-14-176-008
  • Lot: 10
  • Meridian: SEC 14 TWN 33N RNG 07W
  • Municipality: WAUPONSEE TOWNSHIP
  • Latitude: 41.3379
  • Longitude: -88.3976

    Address

  • Full Address: 3610 Plaza Dr
  • Address - House Number: 3610
  • Address - Street Name: Plaza
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Morris
  • Carrier Code: R007
  • 4-Digit Zip Code: 8553
  • Zip Code: 60450

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $457,989
  • Tax Rate Code Area: 17001

    Appraisal Valuation

  • Standard Deviation: 0.2089
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 71
  • Final Value: 239,378
  • High Value: 289,384
  • Low Value: 189,371

    Market Valuation

  • Market Total Value: $173,547
  • Market Land Value: $37,983
  • Market Improvement Value: $135,564

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $57,849
  • Assessed Land Value: $12,661
  • Assessed Improvements Value: $45,188

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 16, 2016
  • Current Sale Recording Date: Dec 30, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 567152
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 Grundy

Stats & Trends

Median Asking:

$339,900

Sale Price/ft²

$184

Below Asking

0.01%

Average Days on Market

47

Average Home Size

2054 ft²

Average Home Age

35.5 years

Currently For Sale

111 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: Robert Findlay, Findlay Real Estate Group Inc
Data Source: MRED, MLS# MRD12410318
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 3610 Plaza Drive built and last sold?
The property at 3610 Plaza Drive was built in 1971 and last sold on Dec 16, 2016 for $137,500.
How much is this home worth?
The estimated value of the home located at 3610 Plaza Drive is $0.
What are some comparable homes to 3610 Plaza Drive?
There are currently no comparable homes to 3610 Plaza Drive.
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