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Bolingbrook 60440
732 Melissa Drive
$345,000
● House - Off Market

732 Melissa Drive

Bolingbrook, IL 60440
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,500 Ft²
$2,183
Est. Monthly
8.14%
Cap Rate

About This Property

Highest and best by Tuesday 4/23/2024 by noon. Single Family in Bolingbrook! Kitchen with Quart countertops and all stainless steel appliances. New popular LVT flooring, carpet and freshly painted throughout! Master suite with full master bath. 2 Car attached garage. This is a must see! Close to all accommodations including schools, parks, shops, restaurants and more! Not for rent or lease.
Unit Size
2,500 Ft²
Days on Market
-
Land Size
-
Price per sqft
$132
Property Type
House
Property Taxes
$563
HOA Dues
-
Year Built
1991

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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 #12031685)

Price History

Date / Event Date Event Price
May 23, 2024 Sold
Premium
Sold
Apr 18, 2024 Listed by Grandview Realty, LLC $329,900
Listed by Grandview Realty, LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 41
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 523
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,234
  • Total Building Area: 1,969
  • Building Area: 1,969
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,969
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CHERRYWOOD EAST UNIT #4
  • Land Acres: 0000000166
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 14 BLOCK 64 IN CHERRYWOOD EAST UNIT 4, A SUB PRT OF THE W1/2 SE1/4 SEC 12, T37N-R10E.

Neighborhood

  • School District Name: Valley View Community Unit School District 365U
  • Census Tract: 880112

Geography

  • Parcel: 12-02-12-404-014
  • Block: 64
  • Lot: 14
  • Meridian: SEC 12 TWN 37N RNG 10E
  • Municipality: DUPAGE
  • Latitude: 41.7053
  • Longitude: -88.0364

    Address

  • Full Address: 732 Melissa Dr
  • Legal Unit: 4
  • Address - House Number: 732
  • Address - Street Name: Melissa
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Bolingbrook
  • Carrier Code: R004
  • 4-Digit Zip Code: 2557
  • Zip Code: 60440

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $675,378
  • Tax Rate Code Area: 1214

    Appraisal Valuation

  • Standard Deviation: 0.1592
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 80
  • Final Value: 325,059
  • High Value: 376,831
  • Low Value: 273,288

    Market Valuation

  • Market Total Value: $237,981
  • Market Land Value: $41,142
  • Market Improvement Value: $196,839

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $79,327
  • Assessed Land Value: $13,714
  • Assessed Improvements Value: $65,613

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 30, 1999
  • Current Sale Recording Date: Sep 24, 1999
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R1999118748
  • Previous Sale Recording Date: Dec 19, 1994
  • Previous Sale Contract Date: Dec 05, 1994
  • Previous Sale Amount: $34,000
  • 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 Bolingbrook

Stats & Trends

Median Asking:

$389,000

Sale Price/ft²

$208

Below Asking

0.01%

Average Days on Market

44

Average Home Size

2130 ft²

Average Home Age

37.1 years

Currently For Sale

112 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 212 Northridge Avenue, Bolingbrook, IL, 60440

$2,850 /mo

  • 4 Beds
  • 1 Bath
  • 1,438 ft²
212 Northridge Avenue, Bolingbrook, IL, 60440 Listing by Shaik Ahmed

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Christopher Lobrillo, Grandview Realty, LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 12031685
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 732 Melissa Drive built and last sold?
The property at 732 Melissa Drive was built in 1991 and last sold on Jul 30, 1999 for $165,000.
How much is this home worth?
The estimated value of the home located at 732 Melissa Drive is $343,412.
What are some comparable homes to 732 Melissa Drive?
There are currently no comparable homes to 732 Melissa Drive.
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