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Joliet 60431 Cambridge
955 Copley Lane
$190,000
● House - Off Market

955 Copley Lane

Joliet, IL 60431
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,310 Ft²
$206,782
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Great location close to elementary school, Joliet Junior College, restaurants and highways!  Three bedroom ranch situated on culdasac lot in troy school district. Spacious living room and also has a family room area off of kitchen. Eat-in kitchen with upgraded cabinets and all appliances stay. Kitchen has great views of your fully landscaped backyard. Yard is fenced and there is also a patio so you can sit outside and relax.  Laundry room is conveniently located by the three bedrooms and full bath. Attached two car garage. Roof and siding are less than 1 year old.
Unit Size
1,310 Ft²
Days on Market
-
Land Size
-
Price per sqft
$153
Property Type
House
Property Taxes
$336
HOA Dues
-
Year Built
1978

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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 #11445612)

Price History

Date / Event Date Event Price
Aug 8, 2022 Sold
Premium
Sold
Jun 24, 2022 Listed by Coldwell Banker Real Estate Group $200,000
Listed by Coldwell Banker Real Estate Group

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 1,310
  • Garage Type: 1
  • Garage Square Area: 480
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,055
  • Total Building Area: 3,100
  • Building Area: 1,310
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,310
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COLLEGE PARK
  • Land Acres: 0000000160
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 53 TOGETHER WITH E 10FT OF THAT PRT OF LOT 52 LYG S OF LN BEARING S 60 DEG W FROM SW COR OF COPLEY LANE IN COLLEGE PARK U

Neighborhood

  • School District Name: Troy Community Consolidated School District 30C
  • Census Tract: 883211

Geography

  • Parcel: 05-06-23-202-097
  • Lot: 53
  • Meridian: SEC 23 TWN 35N RNG 09E
  • Municipality: TROY
  • Latitude: 41.5043
  • Longitude: -88.1684

    Address

  • Full Address: 955 Copley Ln
  • Legal Unit: 1
  • Address - House Number: 955
  • Address - Street Name: Copley
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Joliet
  • Carrier Code: R008
  • 4-Digit Zip Code: 9302
  • Zip Code: 60431

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $496,788
  • Tax Rate Code Area: 0520

    Appraisal Valuation

  • Standard Deviation: 0.1708
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 78
  • Final Value: 226,856
  • High Value: 265,613
  • Low Value: 188,100

    Market Valuation

  • Market Total Value: $178,575
  • Market Land Value: $32,583
  • Market Improvement Value: $145,992

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $59,525
  • Assessed Land Value: $10,861
  • Assessed Improvements Value: $48,664

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 08, 2022
  • Current Sale Recording Date: Aug 11, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 61006
  • Previous Sale Recording Date: Feb 05, 2015
  • Previous Sale Contract Date: Jan 05, 2015
  • Previous Sale Amount: $91,500
  • Previous Sale Document Type: 68
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 Cambridge

Stats & Trends

Median Asking:

$319,900

Sale Price/ft²

$195

Below Asking

0.02%

Average Days on Market

44

Average Home Size

1475 ft²

Average Home Age

39.8 years

Currently For Sale

4 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 1217 Rock Run Crossings Drive, Joliet, IL, 60431

$2,538 /mo

  • 2 Beds
  • 2 Baths
  • 1,193 ft²
1217 Rock Run Crossings Drive #109, Joliet, IL, 60431 Listing by Tabren Smith

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Lora Lausch, Coldwell Banker Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11445612
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 955 Copley Lane built and last sold?
The property at 955 Copley Lane was built in 1978 and last sold on Aug 8, 2022 for $190,000.
How much is this home worth?
The estimated value of the home located at 955 Copley Lane is $0.
What are some comparable homes to 955 Copley Lane?
There are currently no comparable homes to 955 Copley Lane.
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