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Bolingbrook 60490
646 Timberline Drive
$430,000
● House - Off Market

646 Timberline Drive

Bolingbrook, IL 60490
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,750 Ft²
$3,055
Est. Monthly
5.29%
Cap Rate

About This Property

Plan to have your socks knocked off!  Fully updated home here!  You can expect to see new kitchen cabinets, quartz counters, stainless appliances, wood flooring throughout main level, gorgeous light fixtures in every room, new doors throughout home, new deck!  All bathrooms updated.  Classy paint colors throughout.  New carpet to sink your toes into on the second floor.  All. New. Windows.  Updated mechanicals (HVAC + water heater) and exterior (roof + siding -  5 years).  Second floor laundry room with new washer/dryer.  If you like home projects, you've come to the wrong home.  Plan to spend the remainder of your summer just relaxing!  Quick close possible!
Unit Size
1,750 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$246
Property Type
House
Property Taxes
$943
HOA Dues
-
Year Built
1994

Payment Calculator

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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.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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 Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 428
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,148
  • Lot Size Depth Feet: 1,190
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,750
  • Building Area: 1,750
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,750
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAPLEBROOK ESTATES
  • Land Acres: 0000000210
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 74 IN MAPLE BROOK ESTATES PHASE II, IN THE NE1/4 OF SEC 19 T37N-R10E.

Neighborhood

  • School District Name: Valley View Community Unit School District 365U
  • Census Tract: 880125

Geography

  • Subdivision Phase Number: II
  • Parcel: 12-02-19-209-013
  • Lot: 74
  • Meridian: SEC 19 TWN 37N RNG 10E
  • Municipality: DUPAGE
  • Latitude: 41.6778
  • Longitude: -88.1344

    Address

  • Full Address: 646 Timberline Dr
  • Address - House Number: 646
  • Address - Street Name: Timberline
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Bolingbrook
  • Carrier Code: R011
  • 4-Digit Zip Code: 5412
  • Zip Code: 60490

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $979,970
  • Tax Rate Code Area: 1214

    Appraisal Valuation

  • Standard Deviation: 0.1419
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 83
  • Final Value: 373,585
  • High Value: 426,622
  • Low Value: 320,548

    Market Valuation

  • Market Total Value: $315,426
  • Market Land Value: $48,807
  • Market Improvement Value: $266,619

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $105,142
  • Assessed Land Value: $16,269
  • Assessed Improvements Value: $88,873

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 30, 2003
  • Current Sale Recording Date: Feb 10, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 40
  • Current Sale Input Document Number: R2004023878
  • Previous Sale Recording Date: Oct 17, 1994
  • Previous Sale Contract Date: Oct 12, 1994
  • Previous Sale Amount: $167,500
  • 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 Bolingbrook

Stats & Trends

Median Asking:

$389,000

Sale Price/ft²

$208

Below Asking

0.01%

Average Days on Market

44

Average Home Size

2080 ft²

Average Home Age

36.6 years

Currently For Sale

110 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 168 Farm Gate Lane, Bolingbrook, IL, 60440

$3,100 /mo

  • 4 Beds
  • 2 Baths
168 Farm Gate Lane, Bolingbrook, IL, 60440 Listing by Puneet Kapoor

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Julianne Croegaert, @properties Christie's International Real Estate
Data Source: MRED, MLS# MRD12351908
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 646 Timberline Drive built and last sold?
The property at 646 Timberline Drive was built in 1994 and last sold on Oct 30, 2003 for $225,000.
How much is this home worth?
The estimated value of the home located at 646 Timberline Drive is $431,560.
What are some comparable homes to 646 Timberline Drive?
There are currently no comparable homes to 646 Timberline Drive.
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