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Will 60435
802 Sheila Drive
$245,000
● House - Off Market

802 Sheila Drive

Joliet, IL 60435
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,540 Ft²
$1,653
Est. Monthly
10.13%
Cap Rate
Unit Size
1,540 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$156
Property Type
House
Property Taxes
$475
HOA Dues
-
Year Built
1962

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Cap Rate Calculator

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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.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,540
  • Garage Type: 4
  • Garage Square Area: 660
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,037
  • Total Building Area: 1,540
  • Building Area: 1,540
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 1,540
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROONEY HEIGHTS UNIT #4
  • Land Acres: 0000000280
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 95 IN ROONEY HEIGHTS UNIT 4, A SUB IN THE E1/2 SE1/4 OF SEC 1, T35N-R9E.

Neighborhood

  • School District Name: Troy Community Consolidated School District 30C
  • Census Tract: 883208

Geography

  • Parcel: 05-06-01-407-016
  • Lot: 95
  • Meridian: SEC 01 TWN 35N RNG 09E
  • Municipality: TROY
  • Latitude: 41.5371
  • Longitude: -88.143

    Address

  • Full Address: 802 Sheila Dr
  • Legal Unit: 4
  • Address - House Number: 802
  • Address - Street Name: Sheila
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Joliet
  • Carrier Code: C067
  • 4-Digit Zip Code: 3024
  • Zip Code: 60435

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $519,330
  • Tax Rate Code Area: 0507

    Appraisal Valuation

  • Standard Deviation: 0.1705
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 78
  • Final Value: 260,893
  • High Value: 305,386
  • Low Value: 216,401

    Market Valuation

  • Market Total Value: $205,452
  • Market Land Value: $37,731
  • Market Improvement Value: $167,721

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $68,484
  • Assessed Land Value: $12,577
  • Assessed Improvements Value: $55,907

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 26, 2001
  • Current Sale Recording Date: Sep 05, 2001
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 51
  • Current Sale Input Document Number: R2001117512
  • Previous Sale Recording Date: May 02, 1995
  • Previous Sale Contract Date: Apr 28, 1995
  • Previous Sale Amount: $97,000
  • 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 Will

Stats & Trends

Median Asking:

$389,000

Sale Price/ft²

$204

Below Asking

0.01%

Average Days on Market

46

Average Home Size

2397 ft²

Average Home Age

31.2 years

Currently For Sale

1476 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 1311 Loral Avenue, Joliet, IL, 60435

$2,700 /mo

  • 3 Beds
  • 2 Baths
  • 1,005 ft²
1311 Loral Avenue, Joliet, IL, 60435 Listing by Jayson Iniguez
Unit for rent at 2338 Carnation Drive, Crest Hill, IL, 60403

$2,400 /mo

  • 2 Beds
  • 1 Bath
  • 924 ft²
2338 Carnation Drive #1, Crest Hill, IL, 60403 Listing by Jacqueline Dix

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Micah Kirstein, john greene, Realtor
Data Source: MRED, MLS# MRD12335306
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 802 Sheila Drive built and last sold?
The property at 802 Sheila Drive was built in 1962 and last sold on Jul 26, 2001 for $140,000.
How much is this home worth?
The estimated value of the home located at 802 Sheila Drive is $0.
What are some comparable homes to 802 Sheila Drive?
There are currently no comparable homes to 802 Sheila Drive.
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