817 W 3rd Street
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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
Building Info
Overview
- Total Rooms: 6
- Bedroom Count: 3
- Building Condition: 0
- Building Quality: 0
- Construction Type: 0
- Building Style: 11
- Exterior Walls Type: 0
- Interior Walls Type: 0
- Roof Shape Type: 0
- Roof Cover Type: 0
- Floor Count: 100
- Floor Cover: 0
- Basement Type: 0
- Basement Area: 0
- Garage Type: 1
- Parking Space Count: 0
- Patio Type: 0
- Porch Type: 0
- Pool Type: 0
General
- Lot Size Square Feet: 10,019
- Lot Size Depth Feet: 1,350
- Lot Size Frontage Feet: 750
- Total Building Area: 0
- Building Area: 0
Dimensions
- Fireplace Count: 1
- Air Conditioning: 1
- Heating: 0
- Heating Fuel Type: 0
Heating and Cooling
- Sewer System: 0
- Water Service: 2
Utilities
Building
- Building Type: 0
- Property Class: R
- Subdivision: COLE RE
- Land Acres: 0000000230
- Standard Land Use Code: 1001
- County Land Use Code: 0040
- Legal Description 1: LOT 2 IN COLE RESUB., A RESUB OF PRTS OF THE N 135 FT OF LOTS 6, 7, 8 BLK 33 IN CHICAGO, WILMINGTON VERMILLION COAL CO.'S S
Neighborhood
- School District Name: Reed Custer Community Unit School District 255U
- Census Tract: 884003
Geography
- Parcel: 02-24-07-202-024
- Block: 33
- Lot: 2,6,7
- Meridian: SEC 07 TWN 32N RNG 09E
- Municipality: REED TWP
- Latitude: 41.2706
- Longitude: -88.2346
- Full Address: 817 W 3rd St
- Address - House Number: 817
- Street Direction: W
- Address - Street Name: 3rd
- Address - Suffix Type: St
- State: IL
- City Name: Braidwood
- Carrier Code: C002
- 4-Digit Zip Code: 1488
- Zip Code: 60408
Address
Valuation
- Tax Year: 2022
- Tax Amount: $464,742
- Tax Rate Code Area: 0207
Tax
- Standard Deviation: 0.1637
- Valuation Date: Aug 09, 2023
- Confidence Score: 79
- Final Value: 264,191
- High Value: 307,444
- Low Value: 220,938
Appraisal Valuation
- Total Open Liens:
- Total Open Liens Amount:
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- First Open Lien Mortgage Recording Date:
- First Open Lien Mortgage Loan Amount:
- First Open Lien Mortgage Term:
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- First Open Lien Mortgage Loan Type:
- First Open Lien Mortgage Loan Due Date:
Open Liens
- Market Total Value: $220,599
- Market Land Value: $27,198
- Market Improvement Value: $193,401
Market Valuation
- Assessed Year: 2022
- Assessed Total Value: $73,533
- Assessed Land Value: $9,066
- Assessed Improvements Value: $64,467
Assessments Valuation
- Homeowner Exemption: Yes
Exemptions
- Current Sale Contract Date: Apr 21, 2020
- Current Sale Recording Date: May 06, 2020
- Current Sale Price:
- Current Sale Document Type: 33
- Current Sale Input Document Number: R2020034115
- Previous Sale Recording Date: Mar 22, 2006
- Previous Sale Contract Date: Mar 13, 2006
- Previous Sale Amount: $217,000
- Previous Sale Document Type: 27
Sales
- First Mortgage Lender:
- First Mortgage Transaction Date:
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- First Mortgage Loan Due Date:
Last Sale Mortgage
- First Mortgage Financing Type: FIX
Financing
817 W 3rd Street
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Comparables
Status
Price/ft²
Listed On
Sold On
About Braidwood
Stats & Trends
Median Asking:
$269,900Sale Price/ft²
$193Below Asking
0.02%Average Days on Market
53Average Home Size
1221 ft²Average Home Age
26.3 yearsCurrently For Sale
21 ListingsSimilar Homes for Sale
Currently no similar homes aroundNearby Rentals
Currently no nearby rentals
Data Source: MRED, MLS# MRD12363736
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017