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Matteson 60443
733 Kostner Avenue
$308,000
● House - Off Market

733 Kostner Avenue

Matteson, IL 60443
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,861 Ft²
$1,915
Est. Monthly
6.26%
Cap Rate

About This Property

Beautifully updated step up ranch.  All new appliances, kitchen cabinets,  bathroom vanities and flooring!  New HVAC.  New water heater.  Large partially finished basement with lots of possible uses.   Fenced in back yard!  Close to Oakwood Park and Library.    Prepare to be impressed!    Please double check room measurements.    Whole House fan is sold As Is.  Alarm system As Is.
Unit Size
1,861 Ft²
Days on Market
-
Land Size
-
Price per sqft
$142
Property Type
House
Property Taxes
$613
HOA Dues
-
Year Built
1978

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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 #12018027)

Price History

Date / Event Date Event Price
May 20, 2024 Sold
Premium
Sold
Apr 8, 2024 Listed by Triumph Real Estate, Inc. $265,000
Listed by Triumph Real Estate, Inc.

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,487
  • Total Building Area: 1,861
  • Gross Building Area: 1,861
  • Building Area: 1,861
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,861
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MATTESON HIGHLANDS UNIT2
  • Land Acres: 0000000195
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-04
  • Legal Description 1: (MATTESON)(HIGHLANDS)(UNIT2) SUB OF PT & OF OUTLOT B MATTESON HIGHLANDS UNIT1 SUB OF PT NE SEC 22-35-13

Neighborhood

  • School District Name: Matteson Elementary School District 162
  • Census Tract: 830004

Geography

  • District: 32
  • Parcel: 31-22-212-020-0000
  • Lot: 259
  • Meridian: SEC 22 TWN 35N RNG 13E
  • Municipality: RICH
  • Latitude: 41.5122
  • Longitude: -87.7217

    Address

  • Full Address: 733 Kostner Ave
  • Legal Unit: 2
  • Address - House Number: 733
  • Address - Street Name: Kostner
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Matteson
  • Carrier Code: C013
  • 4-Digit Zip Code: 1950
  • Zip Code: 60443

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $720,882
  • Tax Rate Code Area: 32015

    Appraisal Valuation

  • Standard Deviation: 0.2609
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 62
  • Final Value: 245,198
  • High Value: 309,189
  • Low Value: 181,206

    Market Valuation

  • Market Total Value: $240,000
  • Market Land Value: $33,950
  • Market Improvement Value: $206,050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $24,000
  • Assessed Land Value: $3,395
  • Assessed Improvements Value: $20,605

    Sales

  • Current Sale Contract Date: Nov 15, 2023
  • Current Sale Recording Date: Dec 13, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 33278
  • Previous Sale Recording Date: Dec 23, 2010
  • Previous Sale Contract Date: Dec 18, 2010
  • Previous Sale Amount: $145,500
  • Previous Sale Document Type: 27
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:

$267,000

Sale Price/ft²

$153

Below Asking

0.01%

Average Days on Market

61

Average Home Size

1562 ft²

Average Home Age

45.5 years

Currently For Sale

33 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 4723 Laurel Drive, Richton Park, IL, 60471

$1,950 /mo

  • 3 Beds
  • 1 Bath
  • 1,175 ft²
4723 Laurel Drive, Richton Park, IL, 60471 Listing by Michael Fisher
Unit for rent at 5044 Brighton Lane, Richton Park, IL, 60471

$2,200 /mo

  • 3 Beds
  • 1 Bath
  • 1,500 ft²
5044 Brighton Lane, Richton Park, IL, 60471 Listing by Dominique Lowery

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Dawn Beckerman, Triumph Real Estate, Inc.
Last Updated: 3 years ago
Data Source: MRED, MLS# 12018027
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 733 Kostner Avenue built and last sold?
The property at 733 Kostner Avenue was built in 1978 and last sold on Nov 15, 2023 for $167,102.
How much is this home worth?
The estimated value of the home located at 733 Kostner Avenue is $269,963.
What are some comparable homes to 733 Kostner Avenue?
There are currently no comparable homes to 733 Kostner Avenue.
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