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Matteson 60443
833 Notre Dame Drive
$144,000
● House - Off Market

833 Notre Dame Drive

Matteson, IL 60443
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,355 Ft²
$1,164
Est. Monthly
17.39%
Cap Rate

About This Property

Make this 4-bedroom, tri-level house your home. Hardwood floors throughout. It features a main level bedroom and a lower-level family room.  The eat-in kitchen that's great for entertaining leads through patio doors to the spacious backyard and the detached 2-car garage.  This home is being sold in AS-IS condition.
Unit Size
1,355 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$111
Property Type
House
Property Taxes
$427
HOA Dues
-
Year Built
1971

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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.

Last updated: 3 years ago (MRED MLS #11899031)

Price History

Date / Event Date Event Price
Dec 15, 2023 Sold
Premium
Sold
Oct 4, 2023 Listed by Keller Williams Preferred Rlty $150,000
Listed by Keller Williams Preferred Rlty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,400
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,355
  • Gross Building Area: 1,355
  • Building Area: 1,355
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,355
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CRICKET HILL
  • Land Acres: 0000000193
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-34
  • Legal Description 1: PART W2NW4 S21 T35N R13E 3P

Neighborhood

  • School District Name: Elementary School District 159
  • Census Tract: 830004

Geography

  • District: 32
  • Parcel: 31-21-107-003-0000
  • Lot: 135
  • Meridian: SEC 21 TWN 35N RNG 13E
  • Municipality: RICH
  • Latitude: 41.5109
  • Longitude: -87.7477

    Address

  • Full Address: 833 Notre Dame Dr
  • Address - House Number: 833
  • Address - Street Name: Notre Dame
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Matteson
  • Carrier Code: C008
  • 4-Digit Zip Code: 1528
  • Zip Code: 60443

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $511,848
  • Tax Rate Code Area: 32036

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 227,435
  • High Value: 279,367
  • Low Value: 175,502

    Market Valuation

  • Market Total Value: $190,000
  • Market Land Value: $33,600
  • Market Improvement Value: $156,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $19,000
  • Assessed Land Value: $3,360
  • Assessed Improvements Value: $15,640

    Sales

  • Current Sale Contract Date: Nov 28, 2023
  • Current Sale Recording Date: Dec 20, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 41182
  • Previous Sale Recording Date: Jul 29, 2014
  • Previous Sale Contract Date: Jan 20, 2014
  • Previous Sale Document Type: 64
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 Matteson

Stats & Trends

Median Asking:

$267,000

Sale Price/ft²

$152

Below Asking

0.02%

Average Days on Market

62

Average Home Size

1591 ft²

Average Home Age

44.3 years

Currently For Sale

35 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 6024 Aspen Lane, Matteson, IL, 60443

$2,850 /mo

  • 3 Beds
  • 2 Baths
  • 1,294 ft²
6024 Aspen Lane, Matteson, IL, 60443 Listing by Cathy LaShea

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Carol Moore, Keller Williams Preferred Rlty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11899031
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 833 Notre Dame Drive built and last sold?
The property at 833 Notre Dame Drive was built in 1971 and last sold on Nov 28, 2023 for $144,000.
How much is this home worth?
The estimated value of the home located at 833 Notre Dame Drive is $154,451.
What are some comparable homes to 833 Notre Dame Drive?
There are currently no comparable homes to 833 Notre Dame Drive.
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