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Kankakee 60950
429 Emma Drive
$330,000
● House - Off Market

429 Emma Drive

Manteno, IL 60950
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,600 Ft²
$345,212
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

New Construction!! This 3 bedroom & 2 bath ranch has it all, an open floor plan with a stunning great room with vaulted ceilings, & luxury vinyl flooring. Fabulous kitchen with stainless steel appliances & quartz countertops. The dining room leads to a private deck (12 x 12 wooden deck to be built when the weather is appropriate) Main floor laundry with cabinets, a sink & quartz countertop. Master bedroom ensuite with walk-in shower and lots of closet space. Huge basement with roughed-in plumbing and plush carpet for the kids to play.   Inviting front porch, beautifully landscaped yard (Sod will be installed at the front and 2 sides & back will be seeded in the spring), and oversized 3 car garage.  Welcome home!!
Unit Size
1,600 Ft²
Days on Market
-
Land Size
-
Price per sqft
$209
Property Type
House
Property Taxes
$73
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.

Last updated: 3 years ago (MRED MLS #11717441)

Price History

Date / Event Date Event Price
Mar 17, 2023 Sold
Premium
Sold
Feb 11, 2023 Listed by @properties Christie's International Real Estate $335,000
Listed by @properties Christie's International Real Estate

Property Highlights

Air Conditioning

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: 10,515
  • 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: R
  • Subdivision: FAIRWAY OAKS SUB
  • Land Acres: 0000000241
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: FAIRWAY OAKS SUB LT 15 26-32-12E

Neighborhood

  • School District Name: Manteno Community Unit School District 5
  • Census Tract: 010204

Zoning

  • Zoning: I2

Geography

  • District: 3
  • Parcel: 03-02-26-204-015
  • Lot: 15
  • Municipality: MANTENO
  • Latitude: 41.2295
  • Longitude: -87.802

    Address

  • Full Address: 429 Emma Dr
  • Address - House Number: 429
  • Address - Street Name: Emma
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Manteno
  • Carrier Code: R006
  • 4-Digit Zip Code: 9007
  • Zip Code: 60950

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $86,658
  • Tax Rate Code Area: 3001

    Market Valuation

  • Market Total Value: $195,627
  • Market Land Value: $30,474
  • Market Improvement Value: $165,153

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $65,209
  • Assessed Land Value: $10,158
  • Assessed Improvements Value: $55,051

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 17, 2023
  • Current Sale Recording Date: Mar 23, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2536
  • Previous Sale Recording Date: Nov 30, 2020
  • Previous Sale Amount: $35,000
  • Previous Sale Document Type: 55
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 Kankakee

Stats & Trends

Median Asking:

$235,000

Sale Price/ft²

$160

Below Asking

0.02%

Average Days on Market

56

Average Home Size

1739 ft²

Average Home Age

57.3 years

Currently For Sale

212 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

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MRED

Listed by: Bridget Gricus, @properties Christie's International Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11717441
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 Emma Drive built and last sold?
The property at 429 Emma Drive was built in and last sold on Mar 17, 2023 for $330,000.
How much is this home worth?
The estimated value of the home located at 429 Emma Drive is $0.
What are some comparable homes to 429 Emma Drive?
There are currently no comparable homes to 429 Emma Drive.
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