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New Lenox 60451
642 COLUMBIA Drive
$260,000
● House - Off Market

642 COLUMBIA Drive

NEW LENOX, IL 60451
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,600 Ft²
$593,242
RealtyHop Estimate
115.80%
Since Nov 1, 2012
National-US
Primary Model

About This Property

GREAT 5 BEDROOM, 3.5 BATH BRICK 2 STORY IN THE EVER POPULAR SCHOOLHOUSE MANOR SUBDIVISION. HOME FEATURES ALL LARGE ROOMS, FORMAL LIVING & DINING ROOMS, BEAUTIFUL MAIN LEVEL FAMILY ROOM WITH HARDWOOD FLOORS, BRICK FIREPLACE, HUGE KITCHEN WITH DINETTE. 4 HUGE BEDROOMS, & 2 BATHS ON 2ND FLOOR, FULL FINISHED WALK-OUT BASEMENT WITH FAMILY ROOM, 5TH BEDROOM BATHROOM & ENTERTAINMENT ROOM, LARGE 6 FOOT PVC FENCED, NEWER DECK
Unit Size
2,600 Ft²
Days on Market
-
Land Size
-
Price per sqft
$106
Property Type
House
Property Taxes
$577
HOA Dues
-
Year Built
1994

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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 #08149898)

Price History

Date / Event Date Event Price
Oct 26, 2012 Sold
Premium
Sold
Aug 31, 2012 Listed by CRIS REALTY $274,900
Listed by CRIS REALTY

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Total Rooms: 12
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,875
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 950
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SCHOOLHOUSE MANOR UNIT TWO
  • Land Acres: 0000000270
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 166 IN SCHOOLHOUSE MANOR UNIT 2, BEING A SUB OF PRT OF THE NE1/4 OF SEC. 23, T35N R11E.

Neighborhood

  • School District Name: Lincoln Way Community High School District 210
  • Census Tract: 881116

Geography

  • Parcel: 15-08-23-212-005
  • Lot: 166
  • Meridian: SEC 23 TWN 35N RNG 11E
  • Municipality: NEW LENOX
  • Latitude: 41.5068
  • Longitude: -87.9287

    Address

  • Full Address: 642 Columbia Dr
  • Legal Unit: 2
  • Address - House Number: 642
  • Address - Street Name: Columbia
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: New Lenox
  • Carrier Code: R006
  • 4-Digit Zip Code: 3823
  • Zip Code: 60451

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $929,930
  • Tax Rate Code Area: 1509

    Appraisal Valuation

  • Standard Deviation: 0.1459
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 82
  • Final Value: 419,506
  • High Value: 480,748
  • Low Value: 358,264

    Market Valuation

  • Market Total Value: $340,422
  • Market Land Value: $91,686
  • Market Improvement Value: $248,736

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $113,474
  • Assessed Land Value: $30,562
  • Assessed Improvements Value: $82,912

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 26, 2012
  • Current Sale Recording Date: Nov 05, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4R2012124186
  • Previous Sale Recording Date: Mar 26, 1997
  • Previous Sale Contract Date: Mar 25, 1997
  • Previous Sale Document Type: 41
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 New Lenox

Stats & Trends

Median Asking:

$442,404

Sale Price/ft²

$211

Below Asking

0.01%

Average Days on Market

44

Average Home Size

2246 ft²

Average Home Age

29.5 years

Currently For Sale

47 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: Christine Kaczmarski, CRIS REALTY
Last Updated: 3 years ago
Data Source: MRED, MLS# 08149898
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 642 Columbia Drive built and last sold?
The property at 642 Columbia Drive was built in 1994 and last sold on Oct 26, 2012 for $260,000.
How much is this home worth?
The estimated value of the home located at 642 Columbia Drive is $0.
What are some comparable homes to 642 Columbia Drive?
There are currently no comparable homes to 642 Columbia Drive.
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