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Joliet 60431
701 Mission Boulevard
$280,000
● House - Off Market

701 Mission Boulevard

Joliet, IL 60436
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,528 Ft²
$291,833
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

New as of 2018. This freshly painted home is move in ready. Main level offers kitchen with large pantry, open concept to family room with lots of natural light, large foyer, half bath & mud room off of garage. 2nd level offers master bedroom with en suite and 8x8 walk in closet, generously sized 2nd & 3rd bedrooms & laundry room. The basement is insulated with roughed-in bath, just waiting for your finishing touch. Entertain this summer in your amazing yard. Close to shopping, restaurants, shopping, schools, parks and more. Minutes from I-55 & I-80.
Unit Size
2,528 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$101
Property Type
House
Property Taxes
$569
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 #11147593)

Price History

Date / Event Date Event Price
Aug 6, 2021 Sold
Premium
Sold
Jul 7, 2021 Listed by Lori Bonarek Realty $255,000
Listed by Lori Bonarek Realty

Property Highlights

Garage
Air Conditioning

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: 8,758
  • 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: R
  • Subdivision: SILVER LEAF SUB
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 101 IN SILVER LEAF SUB UNIT 3, BEING A SUB OF PRT OF THE SE1/4 OF SEC 14, T35N-R9E.

Neighborhood

  • School District Name: Troy Community Consolidated School District 30C
  • Census Tract: 883211

Geography

  • Parcel: 05-06-14-406-074
  • Lot: 101
  • Meridian: SEC 14 TWN 35N RNG 09E
  • Municipality: TROY
  • Latitude: 41.5089
  • Longitude: -88.1597

    Address

  • Full Address: 701 Mission Blvd
  • Legal Unit: 3
  • Address - House Number: 701
  • Address - Street Name: Mission
  • Address - Suffix Type: Blvd
  • State: IL
  • City Name: Joliet
  • Carrier Code: R012
  • 4-Digit Zip Code: 9765
  • Zip Code: 60436

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $698,630
  • Tax Rate Code Area: 0520

    Appraisal Valuation

  • Standard Deviation: 0.1518
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 81
  • Final Value: 320,323
  • High Value: 368,975
  • Low Value: 271,672

    Market Valuation

  • Market Total Value: $243,816
  • Market Land Value: $44,883
  • Market Improvement Value: $198,933

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $81,272
  • Assessed Land Value: $14,961
  • Assessed Improvements Value: $66,311

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 05, 2021
  • Current Sale Recording Date: Aug 24, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2021093707
  • Previous Sale Recording Date: Nov 08, 2018
  • Previous Sale Contract Date: Nov 01, 2018
  • Previous Sale Amount: $220,890
  • 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 Joliet

Stats & Trends

Median Asking:

$340,000

Sale Price/ft²

$192

Above Asking

0.00%

Average Days on Market

46

Average Home Size

1880 ft²

Average Home Age

41.9 years

Currently For Sale

276 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 1217 Rock Run Crossings Drive, Joliet, IL, 60431

$2,358 /mo

  • 2 Beds
  • 2 Baths
  • 1,193 ft²
1217 Rock Run Crossings Drive #211, Joliet, IL, 60431 Listing by Tabren Smith
Unit for rent at 1221 Rock Run Crossings Drive, Joliet, IL, 60431

$2,313 /mo

  • 2 Beds
  • 2 Baths
  • 1,193 ft²
1221 Rock Run Crossings Drive #201, Joliet, IL, 60431 Listing by Tabren Smith

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Kimberly Engelhardt, Lori Bonarek Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11147593
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 Mission Boulevard built and last sold?
The property at 701 Mission Boulevard was built in and last sold on Aug 5, 2021 for $280,000.
How much is this home worth?
The estimated value of the home located at 701 Mission Boulevard is $0.
What are some comparable homes to 701 Mission Boulevard?
There are currently no comparable homes to 701 Mission Boulevard.
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