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Matteson 60443
6708 Bridle Path Drive
$18,000
● Land - Off Market

6708 Bridle Path Drive

Matteson, IL 60443
bedrooms
Studio
bathrooms
0 Bath
$26,453
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

Calling all builders, investors, realtors and buyers. We have the deal of the decade. Come and put the finishing touches on an existing subdivision. These lots are already improved and ready to go. This location is perfect, just South of 30 and East of Harlem. Easy access to I-57 and I-80, and just 20 miles to Chicago. Look at these prices and hurry over to see these awesome lots. You can't afford not to! Bring your friends and family and buy these in bundles. You just can't touch improved lots at these prices. Vacant residential lot being sold AS IS. CASH buyers only. Buyer to pay for survey if required. All reasonable offers will be considered. Bulk buyer preferred for the 7 lots with addresses of 21200, 21204, 21208, 21212, 6624, 6704 and 6708 Bridle Path.
Unit Size
-
Days on Market
-
Land Size
0.22 acres
Price per sqft
-
Property Type
Land
Property Taxes
$162
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 #11700351)

Price History

Date / Event Date Event Price
Apr 28, 2023 Sold
Premium
Sold
Jan 12, 2023 Listed by Kinzie Brokerage LLC $26,000
Listed by Kinzie Brokerage LLC

Property Highlights

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: 9,566
  • 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: V
  • Subdivision: POINTE
  • Land Acres: 0000000220
  • Standard Land Use Code: 8000
  • County Land Use Code: 1-00

Neighborhood

  • School District Name: Elementary School District 159
  • Census Tract: 830003

Geography

  • District: 32
  • Parcel: 31-19-401-010-0000
  • Lot: 231
  • Municipality: RICH
  • Latitude: 41.5031
  • Longitude: -87.7787

    Address

  • Full Address: 6708 Bridle Path Dr
  • Address - House Number: 6708
  • Address - Street Name: Bridle Path
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Matteson
  • Carrier Code: R005
  • 4-Digit Zip Code: 3322
  • Zip Code: 60443

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $192,048
  • Tax Rate Code Area: 32029

    Market Valuation

  • Market Total Value: $121,970
  • Market Land Value: $121,970

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $12,197
  • Assessed Land Value: $12,197

    Sales

  • Current Sale Contract Date: Nov 07, 2023
  • Current Sale Recording Date: Dec 12, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6277
  • Previous Sale Recording Date: May 12, 2023
  • Previous Sale Contract Date: Apr 20, 2023
  • Previous Sale Amount: $72,000
  • 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 Matteson

Stats & Trends

Median Asking:

$268,900

Sale Price/ft²

$151

Below Asking

0.02%

Average Days on Market

64

Average Home Size

1658 ft²

Average Home Age

45 years

Currently For Sale

40 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: Jeffrey Schultz, Kinzie Brokerage LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11700351
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 6708 Bridle Path Drive built and last sold?
The property at 6708 Bridle Path Drive was built in and last sold on Nov 7, 2023 for $50,000.
How much is this home worth?
The estimated value of the home located at 6708 Bridle Path Drive is $0.
What are some comparable homes to 6708 Bridle Path Drive?
There are currently no comparable homes to 6708 Bridle Path Drive.
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