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Munster 46321
8154 Kooy Drive
$295,000
● House - Off Market

8154 Kooy Drive

Munster, IN 46321
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,170 Ft²
$1,841
Est. Monthly
6.19%
Cap Rate

About This Property

Charming ranch in the heart of Munster, Indiana. This 3 bedroom, 2 bath home is conveniently located near schools, shopping, hospitals, and interstate. Hardwood flooring throughout the main level with a gorgeous updated kitchen featuring stainless appliances and quartz countertops. Sunroom off the eat-in kitchen offers a perfect place to unwind with a good book or enjoy the ballgame. Three good sized bedrooms and full bath on the main floor as well. Finished basement provides ample space for recreation and features a beautifully updated bathroom. Outside, you will be happy with the meticulously landscaped yard with new driveway, new automatic sprinkler system and new paver patio. Brand New A/C. Hurry, this house will go fast!
Unit Size
1,170 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$261
Property Type
House
Property Taxes
$343
HOA Dues
-
Year Built
1955

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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: 1955
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • 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: 1,170
  • Garage Type: 4
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 0
  • Pool Type: 1

    Dimensions

  • Lot Size Square Feet: 8,820
  • Lot Size Depth Feet: 1,470
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,340
  • Gross Building Area: 2,340
  • Building Area: 1,170
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,170
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAWRENCE MONALDIS 3RD ADD
  • Land Acres: 0000000203
  • Standard Land Use Code: 1001
  • County Land Use Code: 510
  • Legal Description 1: LAWRENCE MONALDIS 3RD ADD LOT 11 BL. 1

Neighborhood

  • School District Name: Munster School Town
  • Census Tract: 040401

Geography

  • Assessors Map Reference: MP I28-136 11
  • District: 0007
  • Parcel: 45-07-19-127-031.000-027
  • Block: 1
  • Lot: 11
  • Municipality: NORTH TOWNSHIP
  • Latitude: 41.5647
  • Longitude: -87.5018

    Address

  • Full Address: 8154 Kooy Dr
  • Address - House Number: 8154
  • Address - Street Name: Kooy
  • Address - Suffix Type: Dr
  • State: IN
  • City Name: Munster
  • Carrier Code: C002
  • 4-Digit Zip Code: 1842
  • Zip Code: 46321

Valuation

    Tax

  • Total Area: 2,340
  • Tax Year: 2022
  • Tax Amount: $290,710
  • Tax Rate Code Area: 7

    Appraisal Valuation

  • Standard Deviation: 0.2425
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 66
  • Final Value: 308,403
  • High Value: 383,192
  • Low Value: 233,614

    Market Valuation

  • Market Total Value: $235,900
  • Market Land Value: $47,500
  • Market Improvement Value: $188,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $235,900
  • Assessed Land Value: $47,500
  • Assessed Improvements Value: $188,400

    Sales

  • Current Sale Contract Date: Jun 28, 2023
  • Current Sale Recording Date: Jul 05, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 521190
  • Previous Sale Recording Date: Jun 26, 2017
  • Previous Sale Contract Date: Jun 16, 2017
  • Previous Sale Amount: $149,000
  • 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 Munster

Stats & Trends

Median Asking:

$459,900

Sale Price/ft²

$200

Below Asking

0.01%

Average Days on Market

61

Average Home Size

4231 ft²

Average Home Age

35 years

Currently For Sale

1 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: John Litrenta, Redfin Corporation
Data Source: MRED, MLS# MRD12435957
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 8154 Kooy Drive built and last sold?
The property at 8154 Kooy Drive was built in 1955 and last sold on Jun 28, 2023 for $319,450.
How much is this home worth?
The estimated value of the home located at 8154 Kooy Drive is $298,105.
What are some comparable homes to 8154 Kooy Drive?
There are currently no comparable homes to 8154 Kooy Drive.
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