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Beach Park 60083 Heatherstone
39862 Walton Lane
$463,000
● House - Off Market

39862 Walton Lane

Beach Park, IL 60083
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,952 Ft²
$3,163
Est. Monthly
$17
HOA / Fees
10.26%
Cap Rate

About This Property

So Much To Offer In This Stunning 6 Bedroom, 3.5-Bath Home! This Beautiful Residence Features Multiple Living Areas, Including A Fully Appointed In-Law Suite With A Private Entrance, Sitting Area, Kitchenette, Full Bath, Exercise Room &  Plentiful Storage. The Upstairs Loft Offers The Flexibility To Be Converted Into A 7th Bedroom If Desired. Enjoy Generously Sized Bedrooms With Abundant Closet Space. The First Floor, Added Kitchen Cabinets & Pantry, Sleek New Countertops, A Charming Eat-In Breakfast Nook & A Convenient Bar Area-All Complemented By Stainless Steel Appliances. Step Outside To An Oversized Fully Fenced Yard With A Lovely Deck & Patio, Perfect For Hosting Family & Friends. There's Plenty Of Parking, Plus A Spacious 3-Car Garage With Extra Storage.This Home Truly Has It All-Comfort, Space & Style!
Unit Size
2,952 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$152
Property Type
House
Property Taxes
$936
HOA Dues
$17
Year Built
2006

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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
Fireplace

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 7
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 14
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,260
  • Garage Type: 1
  • Garage Square Area: 625
  • Parking Space Count: 2
  • Patio Type: 69
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,023
  • Total Building Area: 4,837
  • Gross Building Area: 4,837
  • Building Area: 2,952
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,952
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CAMBRIDGE AT HEATHERSTONE NURSERY PARCEL
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: CAMBRIDGE AT HEATHERSTONE NURSERY PARCEL SUBDIVISION; LOT 8 51

Neighborhood

  • School District Name: Zion-Benton Township High School District 126
  • Census Tract: 866000

Geography

  • Assessors Map Reference: 2421-A4
  • District: NEWPORT
  • Parcel: 03-25-213-015
  • Lot: 8
  • Municipality: TWP OF NEWPORT
  • Latitude: 42.4408
  • Longitude: -87.8875

    Address

  • Full Address: 39862 Walton Ln
  • Address - House Number: 39862
  • Address - Street Name: Walton
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Beach Park
  • Carrier Code: R006
  • 4-Digit Zip Code: 3201
  • Zip Code: 60083

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $939,834
  • Tax Rate Code Area: 3073

    Appraisal Valuation

  • Standard Deviation: 0.1556
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 379,150
  • High Value: 438,168
  • Low Value: 320,133

    Market Valuation

  • Market Total Value: $325,623
  • Market Land Value: $58,554
  • Market Improvement Value: $267,069

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $108,530
  • Assessed Land Value: $19,516
  • Assessed Improvements Value: $89,014

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 31, 2019
  • Current Sale Recording Date: Feb 05, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7541829
  • Previous Sale Recording Date: May 31, 2006
  • Previous Sale Contract Date: Apr 24, 2006
  • Previous Sale Amount: $333,000
  • Previous Sale Document Type: 20

    Financing

  • First Mortgage Financing Type: FIX
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 Heatherstone

Stats & Trends

Median Asking:

$320,000

Sale Price/ft²

$176

Below Asking

0.01%

Average Days on Market

43

Average Home Size

1978 ft²

Average Home Age

21.3 years

Currently For Sale

3 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

Rentals Near You

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MRED

Listed by: Sandra Amidei, RE/MAX Suburban
Data Source: MRED, MLS# MRD12422354
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 39862 Walton Lane built and last sold?
The property at 39862 Walton Lane was built in 2006 and last sold on Jan 31, 2019 for $281,000.
How much is this home worth?
The estimated value of the home located at 39862 Walton Lane is $454,500.
What are some comparable homes to 39862 Walton Lane?
There are currently no comparable homes to 39862 Walton Lane.
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