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Darien 60561
701 Maple Lane
$404,900
● House - Off Market

701 Maple Lane

Darien, IL 60561
bedrooms
5 Beds
bathrooms
2 Baths
square feet
2,475 Ft²
$457,098
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Entire home freshly painted. Hardwood floors on main level. 3 Bedrooms/2 baths. Finished lower level. Located in Hinsbrook Subdivision. 2below bedrooms and a small studio or room as well in the lower level. Floor/kitchen 2018, Windows 03/2016 lifetime warranty,  Roof 2010, Siding 2011, Driveway/garage cement 2016, Basement 2017,Furnace / AC 2011
Unit Size
2,475 Ft²
Days on Market
-
Land Size
-
Price per sqft
$168
Property Type
House
Property Taxes
$593
HOA Dues
-
Year Built
1968

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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 #11254338)

Price History

Date / Event Date Event Price
Dec 1, 2021 Sold
Premium
Sold
Oct 24, 2021 Listed by The Lozano Group $414,900
Listed by The Lozano Group

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,170
  • Garage Type: 7
  • Garage Square Area: 518
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,326
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,472
  • Gross Building Area: 2,472
  • Building Area: 1,302
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,302
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HINSBROOK
  • Land Acres: 0000000260
  • Standard Land Use Code: 1001
  • County Land Use Code: R
  • Legal Description 1: HINSBROOK UNIT #6

Neighborhood

  • School District Name: Hinsdale Township High School District 86
  • School Tax School District: TRI-STATE
  • Census Tract: 845507

Zoning

  • Zoning: A

Geography

  • Assessors Map Reference: 3145-C7
  • Parcel: 09-22-408-006
  • Lot: 657
  • Municipality: DOWNERS GROVE
  • Latitude: 41.7603
  • Longitude: -87.9629

    Address

  • Full Address: 701 Maple Ln
  • Legal Unit: 6
  • Address - House Number: 701
  • Address - Street Name: Maple
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Darien
  • Carrier Code: C011
  • 4-Digit Zip Code: 4070
  • Zip Code: 60561

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $749,394
  • Tax Rate Code Area: 9064

    Appraisal Valuation

  • Standard Deviation: 0.1681
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 429,576
  • High Value: 501,798
  • Low Value: 357,354

    Market Valuation

  • Market Total Value: $353,820
  • Market Land Value: $130,770
  • Market Improvement Value: $223,050

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $117,940
  • Assessed Land Value: $43,590
  • Assessed Improvements Value: $74,350

    Sales

  • Current Sale Contract Date: Dec 01, 2021
  • Current Sale Recording Date: Dec 16, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2021-179591
  • Previous Sale Recording Date: Feb 24, 2010
  • Previous Sale Contract Date: Jan 25, 2010
  • Previous Sale Amount: $234,000
  • Previous Sale Document Type: 20

    Financing

  • First Mortgage Financing Type: FIX
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 Darien

Stats & Trends

Median Asking:

$460,000

Sale Price/ft²

$249

Below Asking

0.01%

Average Days on Market

40

Average Home Size

2236 ft²

Average Home Age

44.3 years

Currently For Sale

58 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: Juan Lozano, The Lozano Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11254338
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 701 Maple Lane built and last sold?
The property at 701 Maple Lane was built in 1968 and last sold on Dec 1, 2021 for $405,000.
How much is this home worth?
The estimated value of the home located at 701 Maple Lane is $0.
What are some comparable homes to 701 Maple Lane?
There are currently no comparable homes to 701 Maple Lane.
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