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Olympia Fields 60461
795 Brookwood Drive
$240,000
● House - Off Market

795 Brookwood Drive

Olympia Fields, IL 60461
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,400 Ft²
$1,828
Est. Monthly
6.51%
Cap Rate

About This Property

short Sale   100% tax proration No survey home needs tlc sprawling ranch many windows making it bright & welcoming kitchn  cabs,granite counters,hardwood floorsd,breakfast bar & large table space! Lvg rm w/bay window, frpl & sunken fam rm area.Formal Dng rm opens to Florida rm! -Mstr bath w dble . Gazebo w/hot tub,as is deck, bricked walkway, circular drive, 24 hour to show ignore boxes
Unit Size
2,400 Ft²
Days on Market
-
Land Size
-
Price per sqft
$100
Property Type
House
Property Taxes
$649
HOA Dues
-
Year Built
1962

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #11899030)

Price History

Date / Event Date Event Price
Jan 19, 2024 Sold
Premium
Sold
Oct 2, 2023 Listed by Homesmart Connect LLC $240,000
Listed by Homesmart Connect LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • 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: 22,500
  • Total Building Area: 2,385
  • Gross Building Area: 2,385
  • Building Area: 2,385
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,385
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OLYMPIA WOODS SECOND
  • Land Acres: 0000000517
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-04
  • Legal Description 1: (OLYMPIA) (WOODS) (SECOND) ADD SUB OF PT SE SEC 13-35-13

Neighborhood

  • School District Name: Matteson Elementary School District 162
  • Census Tract: 830005

Geography

  • District: 32
  • Parcel: 31-13-400-169-0000
  • Lot: 117
  • Meridian: SEC 13 TWN 35N RNG 13E
  • Municipality: RICH
  • Latitude: 41.5153
  • Longitude: -87.6812

    Address

  • Full Address: 795 Brookwood Dr
  • Address - House Number: 795
  • Address - Street Name: Brookwood
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Olympia Fields
  • Carrier Code: C006
  • 4-Digit Zip Code: 1536
  • Zip Code: 60461

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $779,467
  • Tax Rate Code Area: 32009

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 230,942
  • High Value: 254,292
  • Low Value: 207,592

    Market Valuation

  • Market Total Value: $230,000
  • Market Land Value: $101,250
  • Market Improvement Value: $128,750

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $23,000
  • Assessed Land Value: $10,125
  • Assessed Improvements Value: $12,875

    Sales

  • Current Sale Contract Date: Jan 17, 2024
  • Current Sale Recording Date: Jan 23, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6545
  • Previous Sale Recording Date: Aug 14, 2015
  • Previous Sale Contract Date: Jul 07, 2015
  • Previous Sale Amount: $185,000
  • 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 Olympia Fields

Stats & Trends

Median Asking:

$353,750

Sale Price/ft²

$140

Below Asking

0.01%

Average Days on Market

57

Average Home Size

2797 ft²

Average Home Age

59.2 years

Currently For Sale

13 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

Rentals Near You

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MRED

Listed by: Gloria Zrnich, Homesmart Connect LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11899030
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 795 Brookwood Drive built and last sold?
The property at 795 Brookwood Drive was built in 1962 and last sold on Jan 17, 2024 for $240,000.
How much is this home worth?
The estimated value of the home located at 795 Brookwood Drive is $0.
What are some comparable homes to 795 Brookwood Drive?
There are currently no comparable homes to 795 Brookwood Drive.
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