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Joliet 60435
902 Plaza Drive
$199,900
● House - Off Market

902 Plaza Drive

Joliet, IL 60435
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,039 Ft²
$1,086
Est. Monthly
14.38%
Cap Rate
Unit Size
1,039 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$192
Property Type
House
Property Taxes
$104
HOA Dues
-
Year Built
1956

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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.

Last updated: 3 years ago (MRED MLS #12046187)

Price History

Date / Event Date Event Price
Jun 25, 2024 Sold
Premium
Sold
May 9, 2024 Listed by Spring Realty $199,900
Listed by Spring Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • 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 Count: 100
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,039
  • Garage Type: 1
  • Garage Square Area: 264
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,408
  • Total Building Area: 2,342
  • Building Area: 1,039
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,039
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WEST PLAZA
  • Land Acres: 0000000150
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: N 33 FT OF LOT 173 S 18.5 FT OF LOT 172 IN WEST PLAZA, SEC 5 T35N-R10E

Neighborhood

  • School District Name: Joliet Public School District 86
  • Census Tract: 881500

Geography

  • Parcel: 30-07-05-322-010
  • Lot: 173
  • Meridian: SEC 05 TWN 35N RNG 10E
  • Municipality: JOLIET
  • Latitude: 41.5391
  • Longitude: -88.1197

    Address

  • Full Address: 902 Plaza Dr
  • Address - House Number: 902
  • Address - Street Name: Plaza
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Joliet
  • Carrier Code: C103
  • 4-Digit Zip Code: 3841
  • Zip Code: 60435

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $175,930
  • Tax Rate Code Area: 3011

    Appraisal Valuation

  • Standard Deviation: 0.1419
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 83
  • Final Value: 198,744
  • High Value: 226,960
  • Low Value: 170,529

    Market Valuation

  • Market Total Value: $151,587
  • Market Land Value: $28,476
  • Market Improvement Value: $123,111

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $50,529
  • Assessed Land Value: $9,492
  • Assessed Improvements Value: $41,037

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes
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 Joliet

Stats & Trends

Median Asking:

$340,000

Sale Price/ft²

$192

Above Asking

0.00%

Average Days on Market

46

Average Home Size

1856 ft²

Average Home Age

43.2 years

Currently For Sale

266 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 1814 Nicholson Street, Crest Hill, IL, 60403

$2,600 /mo

  • 2 Beds
  • 2 Baths
  • 1,350 ft²
1814 Nicholson Street, Crest Hill, IL, 60403 Listing by Jorge Escudero

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Mark Meers, Spring Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 12046187
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 Plaza Drive built and last sold?
The property at 902 Plaza Drive was built in 1956 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 902 Plaza Drive is $201,871.
What are some comparable homes to 902 Plaza Drive?
There are currently no comparable homes to 902 Plaza Drive.
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