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Will 60432
409 Cayuga Street
$205,000
● House - Off Market

409 Cayuga Street

Joliet, IL 60432
bedrooms
2 Beds
bathrooms
1 Bath
square feet
672 Ft²
$1,208
Est. Monthly
10.38%
Cap Rate
Unit Size
672 Ft²
Days on Market
-
Land Size
-
Price per sqft
$297
Property Type
House
Property Taxes
$226
HOA Dues
-
Year Built
1948

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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: 1948
  • Effective Year Built: 1948
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 672
  • Garage Type: 4
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,992
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,344
  • Building Area: 672
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 672
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FAIRACRES
  • Land Acres: 0000000210
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOTS 36 37 IN FAIR ACRES, BEING A SUB BY CHARLES M. FISH, BEING PRT OF THE W1/2 OF THE NW1/4 OF SEC 12, T35N-R10E.

Neighborhood

  • School District Name: Joliet Public School District 86
  • Census Tract: 882200

Geography

  • Parcel: 30-07-12-129-020
  • Lot: 36-37
  • Meridian: SEC 12 TWN 35N RNG 10E
  • Municipality: JOLIET
  • Latitude: 41.5328
  • Longitude: -88.04

    Address

  • Full Address: 409 Cayuga St
  • Address - House Number: 409
  • Address - Street Name: Cayuga
  • Address - Suffix Type: St
  • State: IL
  • City Name: Joliet
  • Carrier Code: C025
  • 4-Digit Zip Code: 2762
  • Zip Code: 60432

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $141,182
  • Tax Rate Code Area: 3031

    Appraisal Valuation

  • Standard Deviation: 0.1442
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 82
  • Final Value: 127,623
  • High Value: 146,031
  • Low Value: 109,215

    Market Valuation

  • Market Total Value: $78,978
  • Market Land Value: $14,661
  • Market Improvement Value: $64,317

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $26,326
  • Assessed Land Value: $4,887
  • Assessed Improvements Value: $21,439

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 18, 2024
  • Current Sale Recording Date: Mar 18, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 64
  • Current Sale Input Document Number: 12758
  • Previous Sale Recording Date: Jul 24, 1997
  • Previous Sale Contract Date: Jul 14, 1997
  • Previous Sale Amount: $7,500
  • Previous Sale Document Type: 71
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 Will

Stats & Trends

Median Asking:

$389,900

Sale Price/ft²

$204

Below Asking

0.01%

Average Days on Market

47

Average Home Size

2340 ft²

Average Home Age

32.8 years

Currently For Sale

1538 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: Jayson Iniguez, Casa Moderna Real Estate
Data Source: MRED, MLS# MRD12488254
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 409 Cayuga Street built and last sold?
The property at 409 Cayuga Street was built in 1948 and last sold on Mar 18, 2024 for $57,457.
How much is this home worth?
The estimated value of the home located at 409 Cayuga Street is $0.
What are some comparable homes to 409 Cayuga Street?
There are currently no comparable homes to 409 Cayuga Street.
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