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Matteson 60443
985 Regent Drive
$330,000
● House - Off Market

985 Regent Drive

Matteson, IL 60443
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,281 Ft²
$2,762
Est. Monthly
$105
HOA / Fees
7.52%
Cap Rate

About This Property

MOVE-IN READY! MOVE IN READY! Welcome home to this gorgeous 3 bedroom/2.5 bath NEW townhome with full basement and 2 car garage! You will love the custom features including hardwood floors, cathedral ceilings, granite countertops, decorative hardware and so much more! Close to I-57, great shopping and restaurants! Call today for a private showing!
Unit Size
2,281 Ft²
Days on Market
-
Land Size
-
Price per sqft
$145
Property Type
House
Property Taxes
$1,036
HOA Dues
$105
Year Built
2022

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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.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2022
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 35
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,777
  • Total Building Area: 2,074
  • Gross Building Area: 2,074
  • Building Area: 2,074
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,074
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: REGENTS POINTE
  • Land Acres: 0000000041
  • Standard Land Use Code: 1002
  • County Land Use Code: 2-95

Neighborhood

  • School District Name: Elementary School District 159
  • Census Tract: 830003

Geography

  • District: 32
  • Parcel: 31-20-201-044-0000
  • Lot: 2-8
  • Municipality: RICH
  • Latitude: 41.5075
  • Longitude: -87.7558

    Address

  • Full Address: 985 Regent Dr
  • Address - House Number: 985
  • Address - Street Name: Regent
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Matteson
  • Carrier Code: R005
  • 4-Digit Zip Code: 3087
  • Zip Code: 60443

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $365,216
  • Tax Rate Code Area: 32029

    Appraisal Valuation

  • Standard Deviation: 0.1011
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 341,118
  • High Value: 375,607
  • Low Value: 306,628

    Market Valuation

  • Market Total Value: $300,000
  • Market Land Value: $7,110
  • Market Improvement Value: $292,890

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $30,000
  • Assessed Land Value: $711
  • Assessed Improvements Value: $29,289

    Sales

  • Current Sale Contract Date: Jan 28, 2014
  • Current Sale Recording Date: Feb 25, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 1405612065
  • Previous Sale Recording Date: Jan 20, 2011
  • Previous Sale Contract Date: Oct 15, 2010
  • Previous Sale Document Type: 30
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:

$269,000

Sale Price/ft²

$153

Below Asking

0.02%

Average Days on Market

60

Average Home Size

1647 ft²

Average Home Age

41.3 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 4723 Laurel Drive, Richton Park, IL, 60471

$2,000 /mo

  • 3 Beds
  • 1 Bath
  • 1,175 ft²
4723 Laurel Drive, Richton Park, IL, 60471 Listing by Michael Fisher

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Harry Ventimiglia, Keller Williams Preferred Rlty
Data Source: MRED, MLS# MRD12285757
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 985 Regent Drive built and last sold?
The property at 985 Regent Drive was built in 2022 and last sold on Jan 28, 2014 for $220,000.
How much is this home worth?
The estimated value of the home located at 985 Regent Drive is $334,642.
What are some comparable homes to 985 Regent Drive?
There are currently no comparable homes to 985 Regent Drive.
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