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Matteson 60443
5900 WOODGATE Drive
$175,000
● House - Off Market

5900 WOODGATE Drive

Matteson, IL 60443
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,602 Ft²
$1,420
Est. Monthly
14.87%
Cap Rate

About This Property

Welcome to 5900 Woodgate! This 4-bedroom, 2-bath ranch-style home is a true gem which features a spacious living room with natural light, gleaming floors, an inviting kitchen, and beautiful back yard! The kitchen is a culinary delight flowing seamlessly into the dining area and outside patio.  Four generously sized bedrooms offer versatility and comfort, with the primary bedroom boasting an en-suite bathroom. The backyard is your oasis, fully fenced and perfect for outdoor activities and relaxation. Don't miss the chance to make it your own.
Unit Size
1,602 Ft²
Days on Market
-
Land Size
-
Price per sqft
$112
Property Type
House
Property Taxes
$536
HOA Dues
-
Year Built
1976

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #11903925)

Price History

Date / Event Date Event Price
Jan 9, 2024 Sold
Premium
Sold
Oct 9, 2023 Listed by eXp Realty, LLC $179,900
Listed by eXp Realty, LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Total Rooms: 7
  • 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: 17
  • 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: 10,010
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,611
  • Gross Building Area: 1,611
  • Building Area: 1,611
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,611
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WOODGATE GREEN UNIT3
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: (WOODGATE) (GREEN) (UNIT3) SUB OF PT OF NE & PT OF EH NW SEC 17-35-13

Neighborhood

  • School District Name: Elementary School District 159
  • Census Tract: 830003

Geography

  • District: 32
  • Parcel: 31-17-202-005-0000
  • Lot: 342
  • Meridian: SEC 17 TWN 35N RNG 13E
  • Municipality: RICH
  • Latitude: 41.5276
  • Longitude: -87.7589

    Address

  • Full Address: 5900 Woodgate Dr
  • Legal Unit: 3
  • Address - House Number: 5900
  • Address - Street Name: Woodgate
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Matteson
  • Carrier Code: C005
  • 4-Digit Zip Code: 1035
  • Zip Code: 60443

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $641,266
  • Tax Rate Code Area: 32022

    Appraisal Valuation

  • Standard Deviation: 0.2609
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 216,197
  • High Value: 272,620
  • Low Value: 159,774

    Market Valuation

  • Market Total Value: $177,810
  • Market Land Value: $40,040
  • Market Improvement Value: $137,770

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $17,781
  • Assessed Land Value: $4,004
  • Assessed Improvements Value: $13,777

    Sales

  • Current Sale Contract Date: Dec 15, 2023
  • Current Sale Recording Date: Jan 16, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 57011
  • Previous Sale Recording Date: Dec 24, 2012
  • Previous Sale Contract Date: Dec 17, 2012
  • Previous Sale Amount: $116,000
  • 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 Matteson

Stats & Trends

Median Asking:

$267,000

Sale Price/ft²

$152

Below Asking

0.02%

Average Days on Market

61

Average Home Size

1626 ft²

Average Home Age

44.3 years

Currently For Sale

35 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 6024 Aspen Lane, Matteson, IL, 60443

$2,850 /mo

  • 3 Beds
  • 2 Baths
  • 1,294 ft²
6024 Aspen Lane, Matteson, IL, 60443 Listing by Cathy LaShea

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Michael Scanlon, eXp Realty, LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11903925
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 5900 Woodgate Drive built and last sold?
The property at 5900 Woodgate Drive was built in 1976 and last sold on Dec 15, 2023 for $175,000.
How much is this home worth?
The estimated value of the home located at 5900 Woodgate Drive is $185,309.
What are some comparable homes to 5900 Woodgate Drive?
There are currently no comparable homes to 5900 Woodgate Drive.
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