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New Lenox 60451
808 Stonegate Road
$375,000
● House - Off Market

808 Stonegate Road

New Lenox, IL 60451
bedrooms
4 Beds
bathrooms
3 Baths
square feet
1,400 Ft²
$2,379
Est. Monthly
9.69%
Cap Rate

About This Property

Ranch Home in popular Windermere West subdivision in the heart of growing SW suburban New Lenox!  This home will go quickly, with 4 bedrooms on the main floor plus one in the basement.  The updated and private master suite bath has heated floors. Finished basement has an additional bathroom and potential 5th bedroom. The kitchen and bathrooms are nicely updated and the separate eating area and bar stool counter leaves plenty of space for gathering.  Beautiful large back yard boasts ample space for relaxing and throwing parties with ample patio space, a deck and salt water pool, shed, horse shoe pits, and 2.5 car detached heated garage built in 2018 with 9ft ceilings and storage above.  Paved driveway 2018. HVAC 2013. Roof 2015. Windows 2015. Garage conversion 2016. Front porch concrete 2022.
Unit Size
1,400 Ft²
Days on Market
-
Land Size
-
Price per sqft
$260
Property Type
House
Property Taxes
$589
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.

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: 10,376
  • 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: WINDERMERE WEST UNIT #5
  • Land Acres: 0000000240
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 27 IN WINDERMERE WEST UNIT 5, A SUB PRT OF THE E1/2 SW1/4 OF SEC 22, T35N-R11E.

Neighborhood

  • School District Name: Lincoln Way Community High School District 210
  • Census Tract: 881113

Geography

  • Parcel: 15-08-22-310-031
  • Lot: 27
  • Meridian: SEC 22 TWN 35N RNG 11E
  • Municipality: NEW LENOX
  • Latitude: 41.5004
  • Longitude: -87.9583

    Address

  • Full Address: 808 Stonegate Rd
  • Legal Unit: 5
  • Address - House Number: 808
  • Address - Street Name: Stonegate
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: New Lenox
  • Carrier Code: C001
  • 4-Digit Zip Code: 2281
  • Zip Code: 60451

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $638,580
  • Tax Rate Code Area: 1509

    Appraisal Valuation

  • Standard Deviation: 0.1484
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 82
  • Final Value: 311,705
  • High Value: 357,966
  • Low Value: 265,445

    Market Valuation

  • Market Total Value: $239,406
  • Market Land Value: $84,045
  • Market Improvement Value: $155,361

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $79,802
  • Assessed Land Value: $28,015
  • Assessed Improvements Value: $51,787

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 06, 2018
  • Current Sale Recording Date: Nov 15, 2018
  • Current Sale Document Type: 40
  • Current Sale Input Document Number: R2018080357
  • Previous Sale Recording Date: Mar 10, 1999
  • Previous Sale Contract Date: Feb 26, 1999
  • Previous Sale Amount: $127,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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 New Lenox

Stats & Trends

Median Asking:

$439,900

Sale Price/ft²

$212

Below Asking

0.01%

Average Days on Market

43

Average Home Size

2211 ft²

Average Home Age

30.3 years

Currently For Sale

45 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: Beth Conaghan, eXp Realty
Data Source: MRED, MLS# MRD12468503
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 808 Stonegate Road built and last sold?
The property at 808 Stonegate Road was built in and last sold on Nov 6, 2018 for $0.
How much is this home worth?
The estimated value of the home located at 808 Stonegate Road is $0.
What are some comparable homes to 808 Stonegate Road?
There are currently no comparable homes to 808 Stonegate Road.
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