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Joliet 60435
908 N LARKIN Avenue
$255,000
● House - Off Market

908 N LARKIN Avenue

Joliet, IL 60435
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,760 Ft²
$257,621
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

REHABBED!  QUARTS COUNTER TOPS, NEW STAINLESS STEEL APPLIANCES. 3 BED, 1.1 BATH, MASSIVE FAMILY RM, LIVING RM, 3 BEDROOMS, STUDY AND FULL BASEMENT.  1 CAR GARAGE. FENCED BACK YARD WITH A GREAT PATIO.  NICE HARDWOOD FLOOR IN LIVING ROOM and ALL BEDROOMS. FIREPLACE IS ELECTRIC AND BASEMENT ALMOST COMPLETELY FINISHED WITH A STUDY OR SEWING ROOM (WHAT EVER YOU WANT TO CALL IT.) BUSY STREET BUT HAS A HORSE SHOE DRIVE WAY FOR EASY ACCESS IN AND OUT.
Unit Size
2,760 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$91
Property Type
House
Property Taxes
$183
HOA Dues
-
Year Built
1958

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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 #11713853)

Price History

Date / Event Date Event Price
Mar 24, 2023 Sold
Premium
Sold
Feb 6, 2023 Listed by Keller Williams Preferred Rlty $250,000
Listed by Keller Williams Preferred Rlty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 432
  • Garage Type: 1
  • Garage Square Area: 308
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,514
  • Lot Size Depth Feet: 1,340
  • Lot Size Frontage Feet: 710
  • Total Building Area: 2,328
  • Building Area: 1,588
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,588
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: KRINGS ACRES UNIT #6
  • Land Acres: 0000000220
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 247 IN KRINGS ACRES UNIT 6, BEING A SUB OF PRT OF THE E1/2 OF THE SE1/4 OF SEC 6, T35N-R10E.

Neighborhood

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

Geography

  • Parcel: 30-07-06-411-004
  • Lot: 247
  • Meridian: SEC 06 TWN 35N RNG 10E
  • Municipality: JOLIET
  • Latitude: 41.5397
  • Longitude: -88.125

    Address

  • Full Address: 908 N Larkin Ave
  • Legal Unit: 6
  • Address - House Number: 908
  • Street Direction: N
  • Address - Street Name: Larkin
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Joliet
  • Carrier Code: C102
  • 4-Digit Zip Code: 3431
  • Zip Code: 60435

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $215,178
  • Tax Rate Code Area: 3011

    Appraisal Valuation

  • Standard Deviation: 0.1705
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 78
  • Final Value: 249,056
  • High Value: 291,530
  • Low Value: 206,583

    Market Valuation

  • Market Total Value: $198,294
  • Market Land Value: $41,580
  • Market Improvement Value: $156,714

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $66,098
  • Assessed Land Value: $13,860
  • Assessed Improvements Value: $52,238

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 24, 2023
  • Current Sale Recording Date: Apr 06, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 16244
  • Previous Sale Recording Date: Sep 28, 2022
  • Previous Sale Contract Date: Sep 06, 2022
  • Previous Sale Amount: $130,000
  • 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 Joliet

Stats & Trends

Median Asking:

$340,000

Sale Price/ft²

$192

Above Asking

0.00%

Average Days on Market

46

Average Home Size

1847 ft²

Average Home Age

42.8 years

Currently For Sale

259 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 1712 Arden Place, Joliet, IL, 60435

$2,795 /mo

  • 4 Beds
  • 2 Baths
  • 2,240 ft²
1712 Arden Place, Joliet, IL, 60435 Listing by Joseph Diaz

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Vickie McClusky, Keller Williams Preferred Rlty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11713853
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 908 North Larkin Avenue built and last sold?
The property at 908 North Larkin Avenue was built in 1958 and last sold on Mar 24, 2023 for $255,000.
How much is this home worth?
The estimated value of the home located at 908 North Larkin Avenue is $266,920.
What are some comparable homes to 908 North Larkin Avenue?
There are currently no comparable homes to 908 North Larkin Avenue.
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