For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Newark 60541
42 Coy Park Drive
$275,000
● House - Off Market

42 Coy Park Drive

Newark, IL 60541
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,848 Ft²
$308,269
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model

About This Property

Beautiful ranch home tucked back on a wooded lot near the end of a cul-de-sac~Incredibly peaceful and spacious location~The concrete driveway continues on the side of the heated garage for added parking or storage for a boat or RV. The fenced in back yard has a large deck to sit and enjoy the peaceful wooded surroundings. The open concept floor plan includes a spacious vaulted great room, w/brick fireplace~Stunning kitchen with hardwood floors, island, pantry, updated appliances. The large Master Bedroom has an incredible walk in closet with a jetted tub & sauna! 2015 Furnace with humidifier. Come and check this one out and make us an offer!
Unit Size
1,848 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$154
Property Type
House
Property Taxes
$429
HOA Dues
-
Year Built
1991

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #11257086)

Price History

Date / Event Date Event Price
Jan 18, 2022 Sold
Premium
Sold
Oct 27, 2021 Listed by Coldwell Banker Real Estate Group $285,000
Listed by Coldwell Banker Real Estate Group

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,761
  • Total Building Area: 0
  • Building Area: 1,848
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,848
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COY PARK ESTATES
  • Land Acres: 0000000270
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: LT 12 COY PARK ESTATES VILLAGE OF NEWARK

Neighborhood

  • School District Name: Newark Community High School District 18
  • Census Tract: 890703

Geography

  • Parcel: 07-06-231-004
  • Lot: 12
  • Municipality: BIG GROVE TOWNSHIP
  • Latitude: 41.5429
  • Longitude: -88.5822

    Address

  • Full Address: 42 Coy Park Dr
  • Address - House Number: 42
  • Address - Street Name: Coy Park
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Newark
  • Carrier Code: R001
  • 4-Digit Zip Code: 9382
  • Zip Code: 60541

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $544,386
  • Tax Rate Code Area: BG004

    Appraisal Valuation

  • Standard Deviation: 0.1468
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 82
  • Final Value: 304,569
  • High Value: 349,296
  • Low Value: 259,842

    Market Valuation

  • Market Total Value: $228,285
  • Market Land Value: $49,626
  • Market Improvement Value: $178,659

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $76,095
  • Assessed Land Value: $16,542
  • Assessed Improvements Value: $59,553

    Sales

  • Current Sale Contract Date: Dec 03, 2021
  • Current Sale Recording Date: Jan 25, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1694
  • Previous Sale Recording Date: May 12, 2015
  • Previous Sale Contract Date: Apr 30, 2015
  • Previous Sale Amount: $195,000
  • Previous Sale Document Type: 27
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 Newark

Stats & Trends

Median Asking:

$239,500

Sale Price/ft²

$196

Above Asking

0.00%

Average Days on Market

38

Average Home Size

1322 ft²

Average Home Age

98.5 years

Currently For Sale

0 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

Click here to view more rentals in the neighborhood.
MRED

Listed by: Tara Kunkel, Coldwell Banker Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11257086
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 42 Coy Park Drive built and last sold?
The property at 42 Coy Park Drive was built in 1991 and last sold on Dec 3, 2021 for $275,000.
How much is this home worth?
The estimated value of the home located at 42 Coy Park Drive is $0.
What are some comparable homes to 42 Coy Park Drive?
There are currently no comparable homes to 42 Coy Park Drive.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Big Grove Homes for Sale
Big Grove Houses for Sale
Big Grove Land for Sale
Big Grove Homes with Basements
Big Grove Homes with Pools
Big Grove Homes with Parking
Big Grove Homes with Garages
Big Grove Homes with a View
Nearby Cities
Morris Homes for Sale
Lake Holiday Homes for Sale
Newark Homes for Sale
Millington Homes for Sale
Sheridan Homes for Sale
Millbrook Homes for Sale
Lisbon Homes for Sale
Plattville Homes for Sale
Nearby Property Records
Kendall County, IL Property Records
Grundy County, IL Property Records
LaSalle County, IL Property Records
Will County, IL Property Records
DeKalb County, IL Property Records
DuPage County, IL Property Records
Kane County, IL Property Records
Lee County, IL Property Records
Nearby Counties
Kendall Homes for Sale
Northville Homes for Sale
Saratoga Homes for Sale
Mission Homes for Sale
Fox Homes for Sale
Lisbon Homes for Sale
Miller Homes for Sale
Nettle Creek Homes for Sale
Top Real Estate Agents
Top Agents in Big Grove
Top Agents in 60560
Top Agents in Kendall
Top Agents in Morris
Top Agents in Northville
Top Agents in Lake Holiday
Top Agents in Saratoga
Top Agents in 60541