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Morris 60450
Undisclosed Address
$222,900
● House - Off Market

Undisclosed Address

Morris, IL 60450
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,100 Ft²
$392,693
RealtyHop Estimate
70.81%
Since May 1, 2007
National-US
Primary Model

About This Property

ROOMY QUAD LEVEL HAS 4TH BEDROOM IN LL, FINISHED LAUNDRY, AND LARGE FAMILY ROOM IN LL.  PATIO OR DECK OPTION. KITCHEN HAS PLENTY OF CABINET SPACE. LARGE CORNER LOT. HARDWOOD IN ENTRY, KITCHEN AND DINING AREA. OAK TRIM.
Unit Size
2,100 Ft²
Days on Market
-
Land Size
-
Price per sqft
$109
Property Type
House
Property Taxes
$4
HOA Dues
$999
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.

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: 13,939
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COBBLESTONE COURT SUBDIVISION
  • Land Acres: 0000000320
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: COBBLESTONE COURT SUB LT 33 SEC 33-34-7

Neighborhood

  • School District Name: Saratoga Community Consolidated School District 60C
  • Census Tract: 000200

Geography

  • District: 15
  • Parcel: 02-33-129-016
  • Lot: 33
  • Meridian: SEC 33 TWN 34N RNG 07W
  • Municipality: SARATOGA TOWNSHIP
  • Latitude: 41.3825
  • Longitude: -88.4357

    Address

  • Full Address: 792 Cottage Ct
  • Address - House Number: 792
  • Address - Street Name: Cottage
  • Address - Suffix Type: Ct
  • State: IL
  • City Name: Morris
  • Carrier Code: R004
  • 4-Digit Zip Code: 2544
  • Zip Code: 60450

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $526,382
  • Tax Rate Code Area: 15002

    Appraisal Valuation

  • Standard Deviation: 0.1087
  • Valuation Date: Aug 30, 2023
  • Confidence Score: 89
  • Final Value: 311,216
  • High Value: 345,055
  • Low Value: 277,376

    Market Valuation

  • Market Total Value: $217,599
  • Market Land Value: $42,699
  • Market Improvement Value: $174,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $72,533
  • Assessed Land Value: $14,233
  • Assessed Improvements Value: $58,300

    Exemptions

  • Veteran Exemption: Yes
  • Disabled Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 24, 2023
  • Current Sale Recording Date: Aug 29, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 621222
  • Previous Sale Recording Date: Jun 27, 2019
  • Previous Sale Contract Date: Jun 27, 2019
  • Previous Sale Amount: $240,000
  • 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 Morris

Stats & Trends

Median Asking:

$309,000

Sale Price/ft²

$174

Below Asking

0.02%

Average Days on Market

44

Average Home Size

1768 ft²

Average Home Age

55.5 years

Currently For Sale

19 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 912 Douglas Street, Morris, IL, 60450

$1,500 /mo

  • 2 Beds
  • 1 Bath
  • 896 ft²
912 Douglas Street, Morris, IL, 60450 Listing by Anthony Cavalea
Unit for rent at 312 E North Street, Morris, IL, 60450

$1,800 /mo

  • 3 Beds
  • 1 Bath
  • 1,158 ft²
312 E North Street, Morris, IL, 60450 Listing by William Hornsby

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Gwen Williamson, Century 21 Coleman-Hornsby
Data Source: MRED, MLS# MRD05291943
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 792 Cottage Court built and last sold?
The property at 792 Cottage Court was built in and last sold on Aug 24, 2023 for $315,000.
How much is this home worth?
The estimated value of the home located at 792 Cottage Court is $321,099.
What are some comparable homes to 792 Cottage Court?
There are currently no comparable homes to 792 Cottage Court.
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