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Joliet 60586
5760 EMERALD POINTE Drive
$185,000
● House - Off Market

5760 EMERALD POINTE Drive

Plainfield, IL 60586
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,036 Ft²
$226,285
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model

About This Property

COUNTRY CLUB COMMUNITY WITH CLUB HOUSE, POOL, PLAYGROUND, TENNIS COURTS;  SELLER IN THE PROCESS OF REHABBING WITH PAINT AND CARPET,painted cabinets,wood floor in living room,new vinyl flooring in kitchen and breakfast area,new c/a and furnace.Also brand new carpet in two bedrooms upstairs.This home is about 90% done but still needs work on small projects.A few fixtures to be hung,electrical plates to be put on.THey have drywalled  basement but still need flooring to be put down.Looking for conventional loan or cash.This home will have instant equity once these projects are finished.Please call listing agent if you have any questions Thanks  Seller selling  AS IS  Please only seious buyers willing to put a little work in this home
Unit Size
1,036 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$207
Property Type
House
Property Taxes
$385
HOA Dues
$90
Year Built
1998

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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 #11287407)

Price History

Date / Event Date Event Price
Feb 4, 2022 Sold
Premium
Sold
Dec 15, 2021 Listed by Village Realty, Inc. $214,900
Listed by Village Realty, Inc.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 380
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,327
  • Total Building Area: 1,036
  • Building Area: 1,036
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,036
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WESMERE AREA 10
  • Land Acres: 0000000150
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 964 IN WESMERE SUB AREA 10 UNIT 1 A, A SUB OF PRT OF THE SE1/4 OF SEC 32, T36N-R9E.

Neighborhood

  • School District Name: Plainfield School District 202
  • Census Tract: 880429

Geography

  • Parcel: 06-03-32-404-031
  • Lot: 964
  • Meridian: SEC 32 TWN 36N RNG 09E
  • Municipality: PLAINFIELD
  • Latitude: 41.5506
  • Longitude: -88.2237

    Address

  • Full Address: 5760 Emerald Pointe Dr
  • Legal Unit: 1
  • Address - House Number: 5760
  • Address - Street Name: Emerald Pointe
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Plainfield
  • Carrier Code: R032
  • 4-Digit Zip Code: 6536
  • Zip Code: 60586

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $495,828
  • Tax Rate Code Area: 0612

    Appraisal Valuation

  • Standard Deviation: 0.196
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 73
  • Final Value: 194,433
  • High Value: 232,555
  • Low Value: 156,311

    Market Valuation

  • Market Total Value: $207,423
  • Market Land Value: $55,524
  • Market Improvement Value: $151,899

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $69,141
  • Assessed Land Value: $18,508
  • Assessed Improvements Value: $50,633

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 26, 2022
  • Current Sale Recording Date: Feb 10, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 4
  • Current Sale Input Document Number: 13665
  • Previous Sale Recording Date: May 10, 1999
  • Previous Sale Contract Date: Apr 30, 1999
  • Previous Sale Amount: $124,000
  • Previous Sale Document Type: 71
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 Joliet

Stats & Trends

Median Asking:

$340,000

Sale Price/ft²

$192

Above Asking

0.00%

Average Days on Market

45

Average Home Size

1890 ft²

Average Home Age

42.2 years

Currently For Sale

276 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

Unit for rent at 4917 Montauk Drive, Plainfield, IL, 60586

$2,500 /mo

  • 3 Beds
  • 1 Bath
  • 1,484 ft²
4917 Montauk Drive #4917, Plainfield, IL, 60586 Listing by Sebastian Hila

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Sandra Doctor, Village Realty, Inc.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11287407
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 5760 Emerald Pointe Drive built and last sold?
The property at 5760 Emerald Pointe Drive was built in 1998 and last sold on Jan 26, 2022 for $185,000.
How much is this home worth?
The estimated value of the home located at 5760 Emerald Pointe Drive is $0.
What are some comparable homes to 5760 Emerald Pointe Drive?
There are currently no comparable homes to 5760 Emerald Pointe Drive.
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