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Braceville 60407
429 DAVID Drive
$225,000
● House - Off Market

429 DAVID Drive

Braceville, IL 60407
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,650 Ft²
$233,905
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

Move-in ready 3 bedroom 2.1 bath ranch home. 1650sqft. Open floor plan with vaulted ceilings. Wood laminate flooring. New carpet and paint. 6 panel white doors and trim. Gourmet kitchen features lots of cabinets, granite counter tops, stainless steel appliances and island. Large master suite offers master bath with dual sink vanity. Tiled floors and tile tub surround. Two more generous sized bedrooms with large closets. Updated full bath. Laundry room. 2 car garage. Patio door off of dining area lead to a large deck. Oversized private fenced yard.
Unit Size
1,650 Ft²
Days on Market
-
Land Size
-
Price per sqft
$139
Property Type
House
Property Taxes
$397
HOA Dues
-
Year Built
1995

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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: 3 years ago (MRED MLS #11742121)

Price History

Date / Event Date Event Price
Apr 24, 2023 Sold
Premium
Sold
Mar 21, 2023 Listed by Protech Realty $229,900
Listed by Protech Realty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • 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: 15,246
  • Total Building Area: 1,616
  • Gross Building Area: 1,616
  • Building Area: 1,616
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,616
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GADDO SUBDIVISION
  • Land Acres: 0000000350
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: GADDO SUB LT 15 SEC 26-32-8

Neighborhood

  • School District Name: Gardner-South Wilmington Township High School District
  • Census Tract: 000900

Geography

  • District: 02
  • Parcel: 09-26-251-016
  • Lot: 15
  • Meridian: SEC 26 TWN 32N RNG 08W
  • Municipality: BRACEVILLE TOWNSHIP
  • Latitude: 41.2239
  • Longitude: -88.2713

    Address

  • Full Address: 429 David Dr
  • Address - House Number: 429
  • Address - Street Name: David
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Braceville
  • Carrier Code: R003
  • 4-Digit Zip Code: 9037
  • Zip Code: 60407

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $534,766
  • Tax Rate Code Area: 2004

    Appraisal Valuation

  • Standard Deviation: 0.1972
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 73
  • Final Value: 233,556
  • High Value: 279,617
  • Low Value: 187,496

    Market Valuation

  • Market Total Value: $195,066
  • Market Land Value: $30,966
  • Market Improvement Value: $164,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $65,022
  • Assessed Land Value: $10,322
  • Assessed Improvements Value: $54,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 21, 2023
  • Current Sale Recording Date: Apr 28, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 619141
  • Previous Sale Recording Date: Feb 08, 2023
  • Previous Sale Contract Date: Jan 26, 2023
  • Previous Sale Amount: $134,616
  • Previous Sale Document Type: 69
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 Braceville

Stats & Trends

Median Asking:

$204,950

Sale Price/ft²

$192

Below Asking

0.01%

Average Days on Market

40

Average Home Size

1851 ft²

Average Home Age

51 years

Currently For Sale

1 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: Michael Ruffatto, Protech Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11742121
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 429 David Drive built and last sold?
The property at 429 David Drive was built in 1995 and last sold on Apr 21, 2023 for $225,000.
How much is this home worth?
The estimated value of the home located at 429 David Drive is $0.
What are some comparable homes to 429 David Drive?
There are currently no comparable homes to 429 David Drive.
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