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Crete 60417
493 Aberdeen Drive
$355,000
● House - Off Market

493 Aberdeen Drive

Crete, IL 60417
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,321 Ft²
$362,690
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

IMMACULATE OPEN CONCEPT 1.5 story, 4 BEDROOM, 2.5 bath, with OFFICE and WRAP-AROUND PORCH overlooking LINCOLN OAKS GOLF COURSE.  Over 2,300 sq. ft of finished space PLUS 1,600+ sq. ft. basement with MAN CAVE! Huge MASTER BED/BATH COMBO on first floor.  Beautiful KITCHEN has TONS OF CABINET SPACE and a PANTRY! Main floor laundry room with laundry chute.  ALL APPLIANCES STAY.  The spacious GREAT ROOM with HARDWOOD FLOORS and FIREPLACE provides a great flow and AMPLE SPACE FOR ENTERTAINING. 9 foot ceilings throughout, with 18 foot ceilings in the great room.  CUSTOM MILLWORK.  No HOA. Recently replaced kitchen appliances.  Battery backup second sump pump.  Whole house humidifier.  No neighbors on the adjacent east and west lots, and to the south is the golf course.  Call for your appointment today!
Unit Size
2,321 Ft²
Days on Market
-
Land Size
-
Price per sqft
$155
Property Type
House
Property Taxes
$631
HOA Dues
-
Year Built
2004

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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 #11743291)

Price History

Date / Event Date Event Price
May 9, 2023 Sold
Premium
Sold
Mar 23, 2023 Listed by eXp Realty, LLC $359,900
Listed by eXp Realty, LLC

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • 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 Count: 200
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,657
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,210
  • Total Building Area: 3,963
  • Building Area: 2,306
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 2,306
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LINCOLNSHIRE ESTATE
  • Land Acres: 0000000190
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 32 THE W 32 FT OF LOT 33, BLOCK 10 OF PART 2 OF UNIT 3 IN LINCOLNSHIRE ESTATES, BEING A SUB OF PRT OF THE SW1/4 OF SEC 3

Neighborhood

  • School District Name: Crete-Monee Community Unit School District 201-U
  • Census Tract: 883810

Geography

  • Parcel: 23-15-03-303-007
  • Block: 10
  • Lot: 32
  • Meridian: SEC 03 TWN 34N RNG 14E
  • Municipality: CRETE
  • Latitude: 41.4624
  • Longitude: -87.6039

    Address

  • Full Address: 493 Aberdeen Dr
  • Legal Unit: 3
  • Address - House Number: 493
  • Address - Street Name: Aberdeen
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Crete
  • Carrier Code: R002
  • 4-Digit Zip Code: 1201
  • Zip Code: 60417

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $800,840
  • Tax Rate Code Area: 2325

    Appraisal Valuation

  • Standard Deviation: 0.1623
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 79
  • Final Value: 303,366
  • High Value: 352,603
  • Low Value: 254,128

    Market Valuation

  • Market Total Value: $223,233
  • Market Land Value: $25,212
  • Market Improvement Value: $198,021

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $74,411
  • Assessed Land Value: $8,404
  • Assessed Improvements Value: $66,007

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 08, 2023
  • Current Sale Recording Date: Jun 08, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 28118
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 Crete

Stats & Trends

Median Asking:

$294,950

Sale Price/ft²

$140

Below Asking

0.02%

Average Days on Market

52

Average Home Size

2509 ft²

Average Home Age

59.4 years

Currently For Sale

30 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: Tony Anczer, eXp Realty, LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11743291
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 493 Aberdeen Drive built and last sold?
The property at 493 Aberdeen Drive was built in 2004 and last sold on May 8, 2023 for $355,000.
How much is this home worth?
The estimated value of the home located at 493 Aberdeen Drive is $364,397.
What are some comparable homes to 493 Aberdeen Drive?
There are currently no comparable homes to 493 Aberdeen Drive.
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