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Frankfort 60423
648 PHEASANT Trail
$570,000
● House - Off Market

648 PHEASANT Trail

Frankfort, IL 60423
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,441 Ft²
$4,010
Est. Monthly
$100
HOA / Fees
3.77%
Cap Rate
Unit Size
2,441 Ft²
Days on Market
-
Land Size
0.80 acres
Price per sqft
$234
Property Type
House
Property Taxes
$1,111
HOA Dues
$100
Year Built
1967

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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

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 17
  • Building Style: 11
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 676
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 34,848
  • Total Building Area: 2,243
  • Building Area: 2,243
  • Building Area Measurement: K

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 3
  • Heated Square Feet: 2,243
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PRESTWICK SUB
  • Land Acres: 0000000800
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 33 IN PRESTWICK SUB UNIT 1 PRT OF THE E1/2 OF THE NE1/4 OF SEC. 26, PRT OF THE W1/2 OF THE NW1/4 OF SEC. 25, T35N-R12E.

Neighborhood

  • School District Name: Frankfort Community Consolidated School District 157C
  • Census Tract: 883505

Geography

  • Parcel: 19-09-26-202-001
  • Lot: 33
  • Meridian: SEC 25 TWN 35N RNG 12E
  • Municipality: FRANKFORT
  • Latitude: 41.4974
  • Longitude: -87.8142

    Address

  • Full Address: 648 Pheasant Trl
  • Legal Unit: 1
  • Address - House Number: 648
  • Address - Street Name: Pheasant
  • Address - Suffix Type: Trl
  • State: IL
  • City Name: Frankfort
  • Carrier Code: R002
  • 4-Digit Zip Code: 9589
  • Zip Code: 60423

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,219,462
  • Tax Rate Code Area: 1906

    Appraisal Valuation

  • Standard Deviation: 0.1581
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 80
  • Final Value: 490,336
  • High Value: 567,860
  • Low Value: 412,812

    Market Valuation

  • Market Total Value: $431,073
  • Market Land Value: $172,029
  • Market Improvement Value: $259,044

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $143,691
  • Assessed Land Value: $57,343
  • Assessed Improvements Value: $86,348

    Sales

  • Current Sale Contract Date: Jun 06, 2018
  • Current Sale Recording Date: Jul 13, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2018048014
  • Previous Sale Recording Date: Oct 02, 2017
  • Previous Sale Contract Date: Aug 18, 2017
  • Previous Sale Amount: $205,000
  • Previous Sale Document Type: 68
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 Frankfort

Stats & Trends

Median Asking:

$662,450

Sale Price/ft²

$219

Below Asking

0.01%

Average Days on Market

48

Average Home Size

3312 ft²

Average Home Age

30.2 years

Currently For Sale

61 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: Stefanie Campbell, @properties Christie's International Real Estate
Data Source: MRED, MLS# MRD12378288
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 648 Pheasant Trail built and last sold?
The property at 648 Pheasant Trail was built in 1967 and last sold on Jun 6, 2018 for $370,000.
How much is this home worth?
The estimated value of the home located at 648 Pheasant Trail is $0.
What are some comparable homes to 648 Pheasant Trail?
There are currently no comparable homes to 648 Pheasant Trail.
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