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Genoa 60135
428 Preserve Drive
$382,000
● House - Off Market

428 Preserve Drive

Genoa, IL 60135
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,740 Ft²
$1,934
Est. Monthly
10.34%
Cap Rate

About This Property

**SOLD DURING PROCESSING** AMAZING, REMINGTON MODEL RANCH HOME WITH A BEAUTIFUL OPEN CONCEPT!!! Another spectacular project in the desirable Riverbend subdivision! 4 BR, 2 FULL BATH home with stunning features throughout! The kitchen features beautiful grey or white cabinetry, granite countertops, and an island with barstool seating that opens into your dining and great room! Huge mud room/pantry space and laundry off the garage! Vaulted cathedral ceilings in living, dining, and kitchen! This is not your average new build! Durable luxury vinyl plank flooring in the main living spaces. Completely upgraded throughout with amazing materials and neutral finishes throughout! Photos are of a similar model.
Unit Size
1,740 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$220
Property Type
House
Property Taxes
$57
HOA Dues
-
Year Built
-

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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.

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 735
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: RIVERBEND ADDITION
  • Land Acres: 0000000200
  • Standard Land Use Code: 8000
  • County Land Use Code: 0030
  • Legal Description 1: LOT 225 - RIVERBEND ADDITION TO GENOA - UNIT THREE

Neighborhood

  • School District Name: Genoa-Kingston Community Unit School District 424
  • Census Tract: 000100

Geography

  • Account Number: 0225255009
  • District: KI
  • Parcel: 02-25-255-009
  • Lot: 225
  • Municipality: KINGSTON
  • Latitude: 42.0907
  • Longitude: -88.7141

    Address

  • Full Address: 428 Preserve Dr
  • Legal Unit: THRE
  • Address - House Number: 428
  • Address - Street Name: Preserve
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Genoa
  • Carrier Code: R001
  • 4-Digit Zip Code: 1453
  • Zip Code: 60135

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $119,004
  • Tax Rate Code Area: KI20

    Market Valuation

  • Market Total Value: $21,486
  • Market Land Value: $21,486

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $7,162
  • Assessed Land Value: $7,162

    Sales

  • Current Sale Contract Date: Apr 29, 2009
  • Current Sale Recording Date: Aug 24, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2009012583
  • Previous Sale Recording Date: Aug 20, 2007
  • Previous Sale Contract Date: Aug 03, 2007
  • Previous Sale Amount: $520,000
  • 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 Genoa

Stats & Trends

Median Asking:

$297,450

Sale Price/ft²

$198

Below Asking

0.01%

Average Days on Market

55

Average Home Size

1774 ft²

Average Home Age

30.8 years

Currently For Sale

10 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: Matthew Lysien, Suburban Life Realty, Ltd
Data Source: MRED, MLS# MRD12272521
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 428 Preserve Drive built and last sold?
The property at 428 Preserve Drive was built in and last sold on Apr 29, 2009 for $32,000.
How much is this home worth?
The estimated value of the home located at 428 Preserve Drive is $0.
What are some comparable homes to 428 Preserve Drive?
There are currently no comparable homes to 428 Preserve Drive.
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