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University Park 60484
902 Fiesta Court
$190,000
● House - Off Market

902 Fiesta Court

University Park, IL 60484
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,033 Ft²
$1,409
Est. Monthly
11.35%
Cap Rate

About This Property

BRAND NEW REHABBED 3 BEDROOM AND 2 BATHROOM HOME AVAILABLE FOR RENT IN UNIVERSITY PARK. YOU'LL FIND NEW CARPETING IN THE BEDROOMS. THE KITCHEN HAS NEW APPLIANCES, NEW FLOORING, AND NEW CABINETS. BOTH BATHROOMS HAVE BEEN UPDATED WITH NEW CERAMIC TILE AND NEW FIXTURES. THIS HOME ALSO INCLUDES A BASEMENT AND AN ATTACHED TWO CAR GARAGE. The property taxes do not represent a Homeowner Exemption
Unit Size
2,033 Ft²
Days on Market
-
Land Size
0.08 acres
Price per sqft
$91
Property Type
House
Property Taxes
$501
HOA Dues
-
Year Built
1973

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 1973
  • Effective Year Built: 1973
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,311
  • Total Building Area: 2,033
  • Building Area: 2,033
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 2,033
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GENTRY UNIT 1
  • Land Acres: 0000000348
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: LOT 12 BLOCK 2 IN GENTRY UNIT 1, BEING A SUB OF PRT OF THE W1/2 OF THE NW1/4 OF SEC 13, T34N-R13E.

Neighborhood

  • School District Name: Crete-Monee Community Unit School District 201-U
  • Census Tract: 883605

Geography

  • Parcel: 21-14-13-107-020
  • Block: 2
  • Lot: 12
  • Meridian: SEC 13 TWN 34N RNG 13E
  • Municipality: MONEE
  • Latitude: 41.4401
  • Longitude: -87.6865

    Address

  • Full Address: 902 Fiesta Ct
  • Legal Unit: 1
  • Address - House Number: 902
  • Address - Street Name: Fiesta
  • Address - Suffix Type: Ct
  • State: IL
  • City Name: University Park
  • Carrier Code: C012
  • 4-Digit Zip Code: 2805
  • Zip Code: 60484

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $548,072
  • Tax Rate Code Area: 2106

    Appraisal Valuation

  • Standard Deviation: 0.2457
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 65
  • Final Value: 212,868
  • High Value: 265,184
  • Low Value: 160,551

    Market Valuation

  • Market Total Value: $116,664
  • Market Land Value: $6,732
  • Market Improvement Value: $109,932

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $38,888
  • Assessed Land Value: $2,244
  • Assessed Improvements Value: $36,644

    Sales

  • Current Sale Contract Date: May 27, 2016
  • Current Sale Recording Date: Jun 02, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2016040823
  • Previous Sale Recording Date: Nov 30, 2015
  • Previous Sale Contract Date: Oct 27, 2015
  • Previous Sale Amount: $34,250
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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 University Park

Stats & Trends

Median Asking:

$209,000

Sale Price/ft²

$116

Below Asking

0.02%

Average Days on Market

47

Average Home Size

1826 ft²

Average Home Age

52 years

Currently For Sale

15 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 101 Shabbona Drive, Park Forest, IL, 60466

$2,200 /mo

  • 3 Beds
  • 1 Bath
  • 1,092 ft²
101 Shabbona Drive, Park Forest, IL, 60466 Listing by Kierra Craig

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Michael Fisher, M Property Group LLC
Data Source: MRED, MLS# MRD12320595
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 902 Fiesta Drive built and last sold?
The property at 902 Fiesta Drive was built in 1973 and last sold on May 27, 2016 for $115,000.
How much is this home worth?
The estimated value of the home located at 902 Fiesta Drive is $187,154.
What are some comparable homes to 902 Fiesta Drive?
There are currently no comparable homes to 902 Fiesta Drive.
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