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Joliet 60586
4101 Rivertowne Drive
$245,000
● House - Off Market

4101 Rivertowne Drive

Plainfield, IL 60586
bedrooms
2 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,400 Ft²
$1,625
Est. Monthly
$160
HOA / Fees
8.70%
Cap Rate

About This Property

Nice home on corner lot. Needs TLC & some cosmetic work, carpets need to be cleaned, and home needs a deep cleaning. The front porch is big enough for patio furniture. Large kitchen has an eating area, features corian countertops, undermount sink, Stainless Steel appliances including a microwave, dishwasher & Fridge. Master bedroom has vaulted ceilings, walk in closet.  Master Bath has double sinks.  A  finished spacious basement with a bar for all of your entertaining needs. Finished basement features built ins, an office desk area, and a third bedroom. The roof & siding were replaced in 2012. Home is being sold AS-IS
Unit Size
1,400 Ft²
Days on Market
-
Land Size
0.04 acres
Price per sqft
$161
Property Type
House
Property Taxes
$360
HOA Dues
$160
Year Built
1996

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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.

Last updated: 3 years ago (MRED MLS #12009743)

Price History

Date / Event Date Event Price
Jun 19, 2024 Sold
Premium
Sold
May 11, 2024 Listed by Oliveros Realty Company $224,900
Listed by Oliveros Realty Company

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 35
  • Exterior Walls Type: 0
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,602
  • Total Building Area: 1,308
  • Building Area: 1,308
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,308
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIVERSIDE TOWNES AT OLE CATON FARM
  • Land Acres: 0000000174
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 51 IN RIVERSIDE TOWNES AT OLE CATON FARM UNIT 1 PUD, A SUB OF PRT OF THE NE1/4 OF SEC 34, T36N-R9E.

Neighborhood

  • School District Name: Plainfield School District 202
  • Census Tract: 880416

Geography

  • Parcel: 06-03-34-206-056
  • Lot: 51
  • Meridian: SEC 34 TWN 36N RNG 09E
  • Municipality: PLAINFIELD
  • Latitude: 41.5649
  • Longitude: -88.1843

    Address

  • Full Address: 4101 Rivertowne Dr
  • Legal Unit: 1
  • Address - House Number: 4101
  • Address - Street Name: Rivertowne
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Plainfield
  • Carrier Code: R053
  • 4-Digit Zip Code: 6902
  • Zip Code: 60586

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $432,354
  • Tax Rate Code Area: 0606

    Appraisal Valuation

  • Standard Deviation: 0.1588
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 80
  • Final Value: 249,830
  • High Value: 289,512
  • Low Value: 210,147

    Market Valuation

  • Market Total Value: $183,174
  • Market Land Value: $37,620
  • Market Improvement Value: $145,554

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $61,058
  • Assessed Land Value: $12,540
  • Assessed Improvements Value: $48,518

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 30, 2018
  • Current Sale Recording Date: Sep 17, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2018065419
  • Previous Sale Recording Date: Feb 22, 2005
  • Previous Sale Contract Date: Dec 21, 2004
  • Previous Sale Amount: $155,000
  • 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 Joliet

Stats & Trends

Median Asking:

$339,900

Sale Price/ft²

$192

Above Asking

0.00%

Average Days on Market

45

Average Home Size

1878 ft²

Average Home Age

41.4 years

Currently For Sale

272 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: Diane Oliveros, Oliveros Realty Company
Last Updated: 3 years ago
Data Source: MRED, MLS# 12009743
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 4101 Rivertowne Drive built and last sold?
The property at 4101 Rivertowne Drive was built in 1996 and last sold on Aug 30, 2018 for $185,000.
How much is this home worth?
The estimated value of the home located at 4101 Rivertowne Drive is $0.
What are some comparable homes to 4101 Rivertowne Drive?
There are currently no comparable homes to 4101 Rivertowne Drive.
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