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Bourbonnais 60914
637 Stone Mill Drive
$282,400
● House - Off Market

637 Stone Mill Drive

Bourbonnais, IL 60914
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,532 Ft²
$322,330
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

Great ranch floor plan with 3 bedrooms and two full bathrooms.  Beautiful kitchen with white shaker style cabinets, tile backsplash, quartz countertops, and full kitchen appliance package. Kitchen, dining area, family room and halls all engineered hardwood.  Bathrooms are tiled and bedrooms have 60 oz carpet.  Unfinished partial basement with powder room rough-in.  Just off the kitchen sliding glass door is a 12x14 patio.  Home is already fully sodded and landscaped.  Agent is related to builder.
Unit Size
1,532 Ft²
Days on Market
-
Land Size
-
Price per sqft
$187
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
-

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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 #11207079)

Price History

Date / Event Date Event Price
Oct 20, 2021 Sold
Premium
Sold
Sep 1, 2021 Listed by McColly Bennett Real Estate $286,400
Listed by McColly Bennett Real Estate

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • 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 Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,811
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: STONE MILL FARMS
  • Land Acres: 0000000179
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: STONE MILL FARMS LT 22 EX W 5' 31-32-12E

Neighborhood

  • School District Name: Manteno Community Unit School District 5
  • Census Tract: 010201

Geography

  • District: 3
  • Parcel: 03-02-31-301-111
  • Lot: 22
  • Municipality: MANTENO
  • Latitude: 41.21
  • Longitude: -87.8896

    Address

  • Full Address: 637 Stone Mill Dr
  • Address - House Number: 637
  • Address - Street Name: Stone Mill
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Bourbonnais
  • Carrier Code: R001
  • 4-Digit Zip Code: 5009
  • Zip Code: 60914

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $733,378
  • Tax Rate Code Area: 3003

    Appraisal Valuation

  • Standard Deviation: 0.2159
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 70
  • Final Value: 312,560
  • High Value: 380,085
  • Low Value: 245,035

    Market Valuation

  • Market Total Value: $245,145
  • Market Land Value: $26,181
  • Market Improvement Value: $218,964

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $81,715
  • Assessed Land Value: $8,727
  • Assessed Improvements Value: $72,988

    Sales

  • Current Sale Contract Date: Oct 22, 2021
  • Current Sale Recording Date: Nov 02, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 15456
  • Previous Sale Recording Date: Nov 02, 2021
  • Previous Sale Contract Date: Oct 22, 2021
  • Previous Sale Amount: $60,000
  • 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 Bourbonnais

Stats & Trends

Median Asking:

$295,000

Sale Price/ft²

$174

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1854 ft²

Average Home Age

28.8 years

Currently For Sale

48 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: Paula Curwick, McColly Bennett Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11207079
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 637 Stone Mill Drive built and last sold?
The property at 637 Stone Mill Drive was built in and last sold on Oct 22, 2021 for $282,400.
How much is this home worth?
The estimated value of the home located at 637 Stone Mill Drive is $0.
What are some comparable homes to 637 Stone Mill Drive?
There are currently no comparable homes to 637 Stone Mill Drive.
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