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Grundy 60450
6470 Junebug Lane
$395,000
● House - Off Market

6470 Junebug Lane

Morris, IL 60450
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,430 Ft²
$2,640
Est. Monthly
$125
HOA / Fees
5.42%
Cap Rate
Unit Size
2,430 Ft²
Days on Market
-
Land Size
-
Price per sqft
$169
Property Type
House
Property Taxes
$502
HOA Dues
$125
Year Built
1998

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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.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Total Rooms: 9
  • Bedroom Count: 3
  • 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: 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: 41,382
  • Total Building Area: 2,430
  • Gross Building Area: 2,430
  • Building Area: 2,430
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,430
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COUNTRY VIEW ESTATES
  • Land Acres: 0000000950
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: COUNTRY VIEW ESTATES PHASE 2 LT 27 SEC 15-33-8

Neighborhood

  • School District Name: Coal City Community Unit School District 1
  • Census Tract: 000700

Geography

  • District: 07
  • Subdivision Phase Number: 2
  • Parcel: 06-15-130-010
  • Lot: 27
  • Meridian: SEC 15 TWN 33N RNG 08W
  • Municipality: GOOSE LAKE TOWNSHIP
  • Latitude: 41.3431
  • Longitude: -88.298

    Address

  • Full Address: 6470 Junebug Ln
  • Address - House Number: 6470
  • Address - Street Name: Junebug
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Morris
  • Carrier Code: R001
  • 4-Digit Zip Code: 9592
  • Zip Code: 60450

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $658,069
  • Tax Rate Code Area: 7001

    Appraisal Valuation

  • Standard Deviation: 0.1851
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 75
  • Final Value: 438,586
  • High Value: 519,773
  • Low Value: 357,399

    Market Valuation

  • Market Total Value: $387,240
  • Market Land Value: $44,688
  • Market Improvement Value: $342,552

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $129,080
  • Assessed Land Value: $14,896
  • Assessed Improvements Value: $114,184

    Exemptions

  • Homeowner Exemption: Yes
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 Grundy

Stats & Trends

Median Asking:

$339,900

Sale Price/ft²

$185

Below Asking

0.01%

Average Days on Market

46

Average Home Size

2085 ft²

Average Home Age

33 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

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MRED

Listed by: Heidi Bulthuis, Bulthuis Services LLC
Data Source: MRED, MLS# MRD12166606
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 6470 Junebug Lane built and last sold?
The property at 6470 Junebug Lane was built in 1998 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 6470 Junebug Lane is $0.
What are some comparable homes to 6470 Junebug Lane?
There are currently no comparable homes to 6470 Junebug Lane.
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