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Braidwood 60408
994 MARY Lane
$155,000
● House - Off Market

994 MARY Lane

BRAIDWOOD, IL 60408
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,200 Ft²
$281,385
RealtyHop Estimate
79.23%
Since Dec 1, 2007
National-US
Primary Model

About This Property

DEAL FELL APART!! This great three bedroom, two bath home is move in ready!All the appliances stay,the carpets have been cleaned, everything is freshly painted- all you have to do is hang your pictures and enjoy your new home!Located just minutes off of I55, don't let this one pass you by!Owner has priced it to sell-so call today before it's gone!
Unit Size
1,200 Ft²
Days on Market
-
Land Size
-
Price per sqft
$131
Property Type
House
Property Taxes
$178
HOA Dues
-
Year Built
-

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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
Parking Available

Building Info

Overview

    General

  • 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 Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,433
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PRAIRIE VIEW
  • Land Acres: 0000000290
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 17 IN PRAIRIE VIEW SUB BEING A SUB OF PRT OF THE SE1/4 OF SEC. 6 T32N-R9E.

Neighborhood

  • School District Name: Reed Custer Community Unit School District 255U
  • Census Tract: 884003

Geography

  • Parcel: 02-24-06-401-002
  • Lot: 17
  • Meridian: SEC 06 TWN 32N RNG 09E
  • Municipality: REED TWP
  • Latitude: 41.2796
  • Longitude: -88.2303

    Address

  • Full Address: 994 Mary Ln
  • Address - House Number: 994
  • Address - Street Name: Mary
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Braidwood
  • Carrier Code: R002
  • 4-Digit Zip Code: 1478
  • Zip Code: 60408

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $343,420
  • Tax Rate Code Area: 0207

    Appraisal Valuation

  • Standard Deviation: 0.1604
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 80
  • Final Value: 222,778
  • High Value: 258,524
  • Low Value: 187,031

    Market Valuation

  • Market Total Value: $167,412
  • Market Land Value: $38,727
  • Market Improvement Value: $128,685

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $55,804
  • Assessed Land Value: $12,909
  • Assessed Improvements Value: $42,895

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 01, 2022
  • Current Sale Recording Date: Jul 25, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 56399
  • Previous Sale Recording Date: Dec 20, 2017
  • Previous Sale Contract Date: Dec 19, 2017
  • Previous Sale Amount: $108,000
  • 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 Braidwood

Stats & Trends

Median Asking:

$265,000

Sale Price/ft²

$192

Below Asking

0.02%

Average Days on Market

52

Average Home Size

1138 ft²

Average Home Age

28.7 years

Currently For Sale

24 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 405 E Reed Street, Braidwood, IL, 60408

$1,100 /mo

  • 1 Bed
  • 1 Bath
  • 900 ft²
405 E Reed Street #15, Braidwood, IL, 60408 Listing by Gino Picciola

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Meghan Foley, RE/MAX Top Properties
Data Source: MRED, MLS# MRD06554667
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 994 Mary Lane built and last sold?
The property at 994 Mary Lane was built in and last sold on Jul 1, 2022 for $235,000.
How much is this home worth?
The estimated value of the home located at 994 Mary Lane is $243,793.
What are some comparable homes to 994 Mary Lane?
There are currently no comparable homes to 994 Mary Lane.
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