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Joliet 60435
412 Bridge Street
$250,000
● House - Off Market

412 Bridge Street

Joliet, IL 60435
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,456 Ft²
$1,482
Est. Monthly
11.09%
Cap Rate

About This Property

Welcome Home! Nestled in a friendly neighborhood, this property offers the perfect blend of space and convenience. The main floor features a bright, inviting living area and a spacious kitchen ready for culinary adventures.  With three well-sized bedrooms, there's plenty of room for everyone. Plus, the layout provides an excellent opportunity to easily convert the office into a fourth bedroom, catering to your family's evolving needs.  The basement is a blank canvas, already equipped with plumbing connections, making it simple to add a bathroom, enhancing functionality for larger families or guests. Outside, enjoy the convenience of a generously sized parking space accommodating up to 7 cars. The enclosed rear porch is ideal for family gatherings or hosting friends. Close to universities, restaurants, and shopping.
Unit Size
1,456 Ft²
Days on Market
-
Land Size
-
Price per sqft
$161
Property Type
House
Property Taxes
$328
HOA Dues
-
Year Built
1900

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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: 2 years ago (MRED MLS #12168378)

Price History

Date / Event Date Event Price
Oct 23, 2024 Sold
Premium
Sold
Sep 28, 2024 In contract -
In contract
Sep 22, 2024 Listed by Keller Williams Infinity $235,000
Listed by Keller Williams Infinity

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Bedroom Count: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 15
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 196
  • Garage Type: 4
  • Garage Square Area: 280
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,333
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,652
  • Building Area: 1,456
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,456
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CATHERINE BETTINGERS
  • Land Acres: 0000000150
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: THE E 50 FT OF THE N 130 FT OF LOT 1 IN CATHERINE BETTINGERS SUB OF PRT OF THE S1/2 OF BLK 11 OF CANAL TRUSTEES' SUB, OF THE

Neighborhood

  • School District Name: Joliet Public School District 86
  • Census Tract: 881800

Geography

  • Parcel: 30-07-09-120-007
  • Block: 11
  • Lot: 1
  • Meridian: SEC 09 TWN 35N RNG 10E
  • Municipality: JOLIET
  • Latitude: 41.5333
  • Longitude: -88.0927

    Address

  • Full Address: 412 Bridge St
  • Address - House Number: 412
  • Address - Street Name: Bridge
  • Address - Suffix Type: St
  • State: IL
  • City Name: Joliet
  • Carrier Code: C006
  • 4-Digit Zip Code: 6102
  • Zip Code: 60435

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $393,582
  • Tax Rate Code Area: 3011

    Appraisal Valuation

  • Standard Deviation: 0.1747
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 77
  • Final Value: 195,337
  • High Value: 229,480
  • Low Value: 161,194

    Market Valuation

  • Market Total Value: $145,854
  • Market Land Value: $34,773
  • Market Improvement Value: $111,081

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $48,618
  • Assessed Land Value: $11,591
  • Assessed Improvements Value: $37,027

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 31, 2001
  • Current Sale Recording Date: May 31, 2001
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2001066218
  • Previous Sale Recording Date: May 23, 1995
  • Previous Sale Contract Date: May 19, 1995
  • Previous Sale Amount: $65,000
  • 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

1913 ft²

Average Home Age

40.3 years

Currently For Sale

268 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 803 1st Avenue, Joliet, IL, 60433

$2,500 /mo

  • 4 Beds
  • 1 Bath
  • 2,240 ft²
803 1st Avenue, Joliet, IL, 60433 Listing by Ilir Mekolli

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Giovanna Schmieder, Keller Williams Infinity
Last Updated: 2 years ago
Data Source: MRED, MLS# 12168378
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 412 Bridge Street built and last sold?
The property at 412 Bridge Street was built in 1900 and last sold on May 31, 2001 for $88,000.
How much is this home worth?
The estimated value of the home located at 412 Bridge Street is $239,684.
What are some comparable homes to 412 Bridge Street?
There are currently no comparable homes to 412 Bridge Street.
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