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Matteson 60443
6005 Colgate Lane
$291,000
● House - Off Market

6005 Colgate Lane

MATTESON, IL 60443
bedrooms
4 Beds
bathrooms
4 Baths
square feet
3,200 Ft²
$478,263
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model

About This Property

This beautiful two story home located in the desirable Newbury Estates subdivision has been updated and is ready for immediate occupancy. The home features a new gourmet kitchen with 42 inch cabinets, granite countertops, and new stainless steel appliances. The master bedroom suite features a sitting room and skylights in the bathroom for exquisite natural lighting while relaxing in the jacuzzi. There is new carpet throughout the home and both air conditioning condensers have been replaced with brand new units. The first floor boasts of 9 feet ceilings, an additional room for bedroom/office, both formal living and dining rooms, a 2 story family room with a fireplace, and an amazing view of the pond from the patio. Make your appointment today and you will not be disappointed!!!
Unit Size
3,200 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$93
Property Type
House
Property Taxes
$1,075
HOA Dues
$18
Year Built
2007

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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 #09571627)

Price History

Date / Event Date Event Price
Jun 29, 2017 Sold
Premium
Sold
Mar 21, 2017 Listed by United Real Estate-Chicago $297,900
Listed by United Real Estate-Chicago

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2007
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 60
  • Exterior Walls Type: 24
  • 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: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,000
  • Total Building Area: 3,200
  • Gross Building Area: 3,200
  • Building Area: 3,200
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 3,200
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NEWBURY ESTATES PH 04B
  • Land Acres: 0000000207
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-78

Neighborhood

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

Geography

  • District: 32
  • Parcel: 31-20-103-017-0000
  • Lot: 29
  • Municipality: RICH
  • Latitude: 41.5114
  • Longitude: -87.7617

    Address

  • Full Address: 6005 Colgate Ln
  • Address - House Number: 6005
  • Address - Street Name: Colgate
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Matteson
  • Carrier Code: R002
  • 4-Digit Zip Code: 1994
  • Zip Code: 60443

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,183,423
  • Tax Rate Code Area: 32029

    Appraisal Valuation

  • Standard Deviation: 0.2338
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 424,564
  • High Value: 523,839
  • Low Value: 325,289

    Market Valuation

  • Market Total Value: $420,000
  • Market Land Value: $49,500
  • Market Improvement Value: $370,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $42,000
  • Assessed Land Value: $4,950
  • Assessed Improvements Value: $37,050

    Sales

  • Current Sale Contract Date: May 23, 2017
  • Current Sale Recording Date: Jul 12, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 1719316139
  • Previous Sale Recording Date: Aug 05, 2016
  • Previous Sale Contract Date: Jul 29, 2016
  • Previous Sale Document Type: 64

    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:

$268,900

Sale Price/ft²

$151

Below Asking

0.02%

Average Days on Market

64

Average Home Size

1658 ft²

Average Home Age

45 years

Currently For Sale

40 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: , United Real Estate-Chicago
Last Updated: 3 years ago
Data Source: MRED, MLS# 09571627
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 6005 Colgate Lane built and last sold?
The property at 6005 Colgate Lane was built in 2007 and last sold on May 23, 2017 for $291,000.
How much is this home worth?
The estimated value of the home located at 6005 Colgate Lane is $0.
What are some comparable homes to 6005 Colgate Lane?
There are currently no comparable homes to 6005 Colgate Lane.
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