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Monticello 61856
403 Maple Lane
$130,000
● House - Off Market

403 Maple Lane

Monticello, IL 61856
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,100 Ft²
$137,500
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model

About This Property

Spacious home with a great Monticello location. Over 1100 sq ft with 3 bedrooms and 1 full bath. Large eat in kitchen, sunroom and fenced yard. 1 car attached garage.  Property sold as-is.
Unit Size
1,100 Ft²
Days on Market
-
Land Size
-
Price per sqft
$125
Property Type
House
Property Taxes
$77
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 #11903070)

Price History

Date / Event Date Event Price
Nov 15, 2023 Sold
Premium
Sold
Oct 14, 2023 Listed by RE/MAX REALTY ASSOCIATES-MONT $137,500
Listed by RE/MAX REALTY ASSOCIATES-MONT

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: 8,175
  • Lot Size Depth Feet: 1,090
  • Lot Size Frontage Feet: 750
  • 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: LONE BEECH ADD
  • Land Acres: 0000000188
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: LOT 21 LONE BEECH ADD 52 5 46

Neighborhood

  • School District Name: Monticello Community Unit School District 25
  • Census Tract: 954600

Geography

  • District: 05
  • Parcel: 05-00-54-001-263-00
  • Lot: 21
  • Municipality: MONTICELLO TOWNSHIP
  • Latitude: 40.0326
  • Longitude: -88.5666

    Address

  • Full Address: 403 Maple Ln
  • Address - House Number: 403
  • Address - Street Name: Maple
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Monticello
  • Carrier Code: C001
  • 4-Digit Zip Code: 1231
  • Zip Code: 61856

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $92,126
  • Tax Rate Code Area: 05033

    Appraisal Valuation

  • Standard Deviation: 0.1838
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 75
  • Final Value: 154,621
  • High Value: 183,047
  • Low Value: 126,194

    Market Valuation

  • Market Total Value: $112,473
  • Market Land Value: $26,604
  • Market Improvement Value: $85,869

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $37,491
  • Assessed Land Value: $8,868
  • Assessed Improvements Value: $28,623

    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 Monticello

Stats & Trends

Median Asking:

$262,500

Sale Price/ft²

$157

Below Asking

0.01%

Average Days on Market

49

Average Home Size

2620 ft²

Average Home Age

32 years

Currently For Sale

13 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

Unit for rent at 2 Hedgerow Court, Monticello, IL, 61856

$2,150 /mo

  • 3 Beds
  • 2 Baths
  • 1,976 ft²
2 Hedgerow Court, Monticello, IL, 61856 Listing by Natalie Nielsen

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Matthew Foster, RE/MAX REALTY ASSOCIATES-MONT
Last Updated: 3 years ago
Data Source: MRED, MLS# 11903070
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 403 Maple Lane built and last sold?
The property at 403 Maple Lane 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 403 Maple Lane is $0.
What are some comparable homes to 403 Maple Lane?
There are currently no comparable homes to 403 Maple Lane.
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