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Manteno 60950
763 Kurt Drive
$389,900
● House - Off Market

763 Kurt Drive

Manteno, IL 60950
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,380 Ft²
$2,810
Est. Monthly
6.61%
Cap Rate

About This Property

Fantastic 1.5 story home with 4 bedrooms and 2.5 baths. Extra large kitchen with custom maple shaker cabinets and pantry. Full basement with rooms framed-in and plumbed for a bathroom. Newly refinished hardwood floors in the Living Room and hallways. Some rooms have been recently freshly painted. Bedroom photos are virtually staged with both carpeting and furniture. Living Room is virtually staged. Large, nearly 1/3 acre lot, that backs up to public pathway, which leads to multiple parks and elementary school.  Brand new roof September 2023. Outdoor back patio gas line for gas grill hook-up. Golf cart friendly part of town.
Unit Size
2,380 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$168
Property Type
House
Property Taxes
$846
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: 2 years ago (MRED MLS #12067916)

Price History

Date / Event Date Event Price
Jul 1, 2024 Sold
Premium
Sold
May 28, 2024 Listed by Coldwell Banker Realty $399,900
Listed by Coldwell Banker Realty

Property Highlights

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: 13,344
  • 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: WRIGHT ESTATES
  • Land Acres: 0000000306
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: WRIGHT ESTATES 19TH ADDN LT 218 21-32-12E

Neighborhood

  • School District Name: Manteno Community Unit School District 5
  • Census Tract: 010203

Geography

  • District: 3
  • Parcel: 03-02-21-408-016
  • Lot: 218
  • Municipality: MANTENO
  • Latitude: 41.2405
  • Longitude: -87.8478

    Address

  • Full Address: 763 Kurt Dr
  • Address - House Number: 763
  • Address - Street Name: Kurt
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Manteno
  • Carrier Code: C004
  • 4-Digit Zip Code: 1681
  • Zip Code: 60950

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,015,314
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 3002

    Appraisal Valuation

  • Standard Deviation: 0.111
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 88
  • Final Value: 396,594
  • High Value: 440,377
  • Low Value: 352,810

    Market Valuation

  • Market Total Value: $352,950
  • Market Land Value: $46,695
  • Market Improvement Value: $306,255

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $117,650
  • Assessed Land Value: $15,565
  • Assessed Improvements Value: $102,085
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 Manteno

Stats & Trends

Median Asking:

$329,900

Sale Price/ft²

$179

Below Asking

0.01%

Average Days on Market

46

Average Home Size

1753 ft²

Average Home Age

52.5 years

Currently For Sale

16 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: Dawn Olson, Coldwell Banker Realty
Last Updated: 2 years ago
Data Source: MRED, MLS# 12067916
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 763 Kurt Drive built and last sold?
The property at 763 Kurt Drive was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 763 Kurt Drive is $403,918.
What are some comparable homes to 763 Kurt Drive?
There are currently no comparable homes to 763 Kurt Drive.
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