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Matteson 60443
4998 Gibson Street
$310,000
● House - Off Market

4998 Gibson Street

Matteson, IL 60443
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,154 Ft²
$358,288
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

Newer home built in 2017 in Brookmere of Matteson.  This Arlington model home has over 2000 square feet of living space and features 4 bedrooms, 2 1/2 baths, with formal living room, formal dining room, Kitchen with 42 inch cabinets, pantry, island and stainless steel appliances.  There is a den/study on main level as well as main level laundry.  The spacious master suite has a walk in closet, and garden master bath.  Bedrooms 2, 3 & 4 are ample in size and feature generous closet space. The full unfinished basement is ready for your finishing touches. There is a 2 car attached garage, and oversize patio for outdoor entertainment.  Home is conveniently located 23 miles south of downtown Chicago and within miles of interstate access, shopping, dining and entertainment.  Neutral decor and ready to move in.
Unit Size
2,154 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$144
Property Type
House
Property Taxes
$495
HOA Dues
$80
Year Built
2016

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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 #11079885)

Price History

Date / Event Date Event Price
Jul 1, 2021 Sold
Premium
Sold
May 7, 2021 Listed by @properties $310,000
Listed by @properties

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 34
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,491
  • Total Building Area: 2,165
  • Gross Building Area: 2,165
  • Building Area: 2,165
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,165
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BROOKMERE
  • Land Acres: 0000000103
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-78

Neighborhood

  • School District Name: Elementary School District 159
  • Census Tract: 830004

Geography

  • District: 32
  • Parcel: 31-16-204-004-0000
  • Lot: 1-3
  • Municipality: RICH
  • Latitude: 41.5252
  • Longitude: -87.7375

    Address

  • Full Address: 4998 Gibson St
  • Address - House Number: 4998
  • Address - Street Name: Gibson
  • Address - Suffix Type: St
  • State: IL
  • City Name: Matteson
  • Carrier Code: C011
  • 4-Digit Zip Code: 3023
  • Zip Code: 60443

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 32180

    Appraisal Valuation

  • Standard Deviation: 0.2119
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 71
  • Final Value: 359,682
  • High Value: 435,933
  • Low Value: 283,430

    Market Valuation

  • Market Total Value: $320,000
  • Market Land Value: $57,260
  • Market Improvement Value: $262,740

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $32,000
  • Assessed Land Value: $5,726
  • Assessed Improvements Value: $26,274

    Sales

  • Current Sale Contract Date: Jul 01, 2021
  • Current Sale Recording Date: Jul 16, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2119708185
  • Previous Sale Recording Date: May 08, 2018
  • Previous Sale Contract Date: Apr 18, 2018
  • Previous Sale Amount: $232,000
  • Previous Sale Document Type: 68

    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 Matteson

Stats & Trends

Median Asking:

$269,000

Sale Price/ft²

$154

Below Asking

0.02%

Average Days on Market

60

Average Home Size

1590 ft²

Average Home Age

41.7 years

Currently For Sale

33 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: Margaret Cahill, @properties
Last Updated: 3 years ago
Data Source: MRED, MLS# 11079885
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 4998 Gibson Street built and last sold?
The property at 4998 Gibson Street was built in 2016 and last sold on Jul 1, 2021 for $310,000.
How much is this home worth?
The estimated value of the home located at 4998 Gibson Street is $0.
What are some comparable homes to 4998 Gibson Street?
There are currently no comparable homes to 4998 Gibson Street.
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