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Preston Heights 60433
416 Manhattan Road
$155,000
● House - Off Market

416 Manhattan Road

JOLIET, IL 60433
bedrooms
5 Beds
bathrooms
2 Baths
square feet
2,704 Ft²
$246,215
RealtyHop Estimate
58.95%
Since Nov 1, 2017
National-US
Primary Model

About This Property

DEAL FELL APART, AGAIN!  This property is ready to close. Bring us your qualified buyers.  This is the ultimate real estate deal!!  A lot of house for a little price.  There are five and could be six bedrooms and two full baths. There is a hobby room and living room, dining room and a sitting room.  The hardwood floors are in excellent shape!!  There are two heating systems.  True character and charm will greet you when you walk into this home.  There is a friendly front porch to sit on and watch the world go by.  All of this and a 2 1/2 car garage all on situated on a 3/4 acre well manicured lot.  Per sellers request, all offers to be presented as AS-IS
Unit Size
2,704 Ft²
Days on Market
-
Land Size
-
Price per sqft
$57
Property Type
House
Property Taxes
$305
HOA Dues
-
Year Built
1920

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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 #09521599)

Price History

Date / Event Date Event Price
Oct 24, 2017 Sold
Premium
Sold
Mar 6, 2017 Listed by Karges Realty $154,900
Listed by Karges Realty

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 216
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 36,853
  • Total Building Area: 2,704
  • Building Area: 2,704
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 2,704
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000850
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: THAT PRT OF W1/2 OF SE1/4 OF SEC. 22, T35N-R10E. DAF: COMM AT PT OF INTRSCTN OF W LN OF SE1/4 OF SD SEC. 22 WITH THE CNTR LN

Neighborhood

  • School District Name: Laraway Community Consolidated School District 70C
  • Census Tract: 883100

Geography

  • Parcel: 30-07-22-411-005
  • Meridian: SEC 22 TWN 35N RNG 10E
  • Municipality: JOLIET
  • Latitude: 41.4999
  • Longitude: -88.0698

    Address

  • Full Address: 416 Manhattan Rd
  • Address - House Number: 416
  • Address - Street Name: Manhattan
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Joliet
  • Carrier Code: C022
  • 4-Digit Zip Code: 2712
  • Zip Code: 60433

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $565,868
  • Tax Rate Code Area: 3001

    Appraisal Valuation

  • Standard Deviation: 0.1729
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 77
  • Final Value: 295,888
  • High Value: 347,059
  • Low Value: 244,716

    Market Valuation

  • Market Total Value: $219,606
  • Market Land Value: $42,582
  • Market Improvement Value: $177,024

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $73,202
  • Assessed Land Value: $14,194
  • Assessed Improvements Value: $59,008

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 20, 2017
  • Current Sale Recording Date: Oct 27, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 33
  • Current Sale Input Document Number: R2017084764
  • Previous Sale Recording Date: May 04, 2005
  • Previous Sale Contract Date: Apr 28, 2005
  • Previous Sale Amount: $155,000
  • Previous Sale Document Type: 71

    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 Preston Heights

Stats & Trends

Median Asking:

$210,000

Sale Price/ft²

$208

Below Asking

0.02%

Average Days on Market

51

Average Home Size

2067 ft²

Average Home Age

58.3 years

Currently For Sale

7 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: , Karges Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 09521599
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 416 Manhattan Road built and last sold?
The property at 416 Manhattan Road was built in 1920 and last sold on Oct 20, 2017 for $155,000.
How much is this home worth?
The estimated value of the home located at 416 Manhattan Road is $0.
What are some comparable homes to 416 Manhattan Road?
There are currently no comparable homes to 416 Manhattan Road.
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