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Thornton 60476
43 Arapaho Drive
$97,000
● House - Off Market

43 Arapaho Drive

THORNTON, IL 60476
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,600 Ft²
$150,912
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model

About This Property

This 3 Bedroom, 2 Bath home is over 1600 sq ft!   METAL ROOF WITH LIFETIME WARRANTY. Freshly painted rooms & garage!   Ranch home on a quite Cul-de-sac. Large Foyer leads to an Open Floor plan between the Kitchen and Family room. Enjoy the cozy area by the Fireplace in the Family room and just a step down will take you to a removable wet bar with Cabinetry off the Kitchen. Large 42" cabinets & Corian counters in Kitchen with Double Oven for convenience!! Great for entertaining!  Ceiling fans in all bedrooms. Master Bedroom has large Walk-In closet and Full Bath.  Individual zoned heat in each room, 3 AC units included. Covered front and back patio with large yard.  2 sheds for extra storage. Extra insulation added to home. 1 car garage with work area and epoxy floor coating.
Unit Size
1,600 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$59
Property Type
House
Property Taxes
$297
HOA Dues
-
Year Built
1960

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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 #09623543)

Price History

Date / Event Date Event Price
Jun 27, 2017 Sold
Premium
Sold
May 10, 2017 Listed by Coldwell Banker Residential $94,000
Listed by Coldwell Banker Residential

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,133
  • Total Building Area: 1,592
  • Gross Building Area: 1,592
  • Building Area: 1,592
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 2
  • Heated Square Feet: 1,592
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TOEFFERS THORNWOOD 02
  • Land Acres: 0000000256
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03

Neighborhood

  • School District Name: Thornton Township High School District 205
  • Census Tract: 828300

Geography

  • District: 37
  • Parcel: 29-27-411-007-0000
  • Lot: 37
  • Meridian: SEC 27 TWN 36N RNG 14E
  • Municipality: THORNTON
  • Latitude: 41.5751
  • Longitude: -87.6021

    Address

  • Full Address: 43 Arapaho Dr
  • Address - House Number: 43
  • Address - Street Name: Arapaho
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Thornton
  • Carrier Code: C002
  • 4-Digit Zip Code: 1147
  • Zip Code: 60476

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $365,632
  • Tax Rate Code Area: 37067

    Appraisal Valuation

  • Standard Deviation: 0.248
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 65
  • Final Value: 164,888
  • High Value: 205,796
  • Low Value: 123,979

    Market Valuation

  • Market Total Value: $140,000
  • Market Land Value: $44,530
  • Market Improvement Value: $95,470

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $14,000
  • Assessed Land Value: $4,453
  • Assessed Improvements Value: $9,547

    Sales

  • Current Sale Contract Date: Jun 27, 2017
  • Current Sale Recording Date: Jul 06, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1718712013
  • Previous Sale Recording Date: Jan 09, 2003
  • Previous Sale Contract Date: Nov 05, 2002
  • Previous Sale Amount: $100,000
  • Previous Sale Document Type: 33

    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 Thornton

Stats & Trends

Median Asking:

$209,700

Sale Price/ft²

$161

Below Asking

0.03%

Average Days on Market

63

Average Home Size

1682 ft²

Average Home Age

87.4 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: , Coldwell Banker Residential
Last Updated: 3 years ago
Data Source: MRED, MLS# 09623543
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 43 Arapaho Drive built and last sold?
The property at 43 Arapaho Drive was built in 1960 and last sold on Jun 27, 2017 for $97,000.
How much is this home worth?
The estimated value of the home located at 43 Arapaho Drive is $0.
What are some comparable homes to 43 Arapaho Drive?
There are currently no comparable homes to 43 Arapaho Drive.
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