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Pistakee Highlands 60051 Pistakee Hills
1011 Althoff Drive
$218,000
● House - Off Market

1011 Althoff Drive

McHenry, IL 60051
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,096 Ft²
$221,605
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

Welcome home to this beautiful spacious rehabbed home. Gorgeous refinished hard wood floor in living room and both bedrooms. The kitchen is bright and airy.  There are quartz kitchen counter tops, brand-new white cabinets, and new stainless-steel appliances. The kitchen leads out to a large deck overlooking the spacious back yard through a sliding glass door. The family room is perfect for entertaining with a beautiful wood burning fireplace. Newer HVAC and brand-new hot water tank.  Exterior and interior are freshly painted. Red Walls will be painted WHITE! This is very comfortable home in a nice golf cart friendly community and with restaurants and many activities nearby.  New Tear Off Roof is being installed.
Unit Size
1,096 Ft²
Days on Market
-
Land Size
-
Price per sqft
$201
Property Type
House
Property Taxes
$317
HOA Dues
-
Year Built
1964

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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 #11736165)

Price History

Date / Event Date Event Price
May 15, 2023 Sold
Premium
Sold
Mar 13, 2023 Listed by Homesmart Connect LLC $219,900
Listed by Homesmart Connect LLC
Feb 28, 2023 No longer available -
No longer available
Feb 26, 2023 Relisted $219,900
Relisted
Feb 19, 2023 In contract -
In contract
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 2
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,096
  • Garage Type: 7
  • Garage Square Area: 330
  • Parking Space Count: 1
  • Patio Type: 59
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,197
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 800
  • Total Building Area: 2,192
  • Building Area: 1,096
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,096
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PISTAKEE HILLS
  • Land Acres: 0000000272
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2021R0032200 LT 446 PISTAKEE HILLS UNIT 3

Neighborhood

  • School District Name: Johnsburg Community Unit School District 12
  • Census Tract: 870704

Geography

  • Parcel: 10-08-151-004
  • Block: 151
  • Lot: 446
  • Municipality: MCHENRY TWP
  • Latitude: 42.3967
  • Longitude: -88.2176

    Address

  • Full Address: 1011 Althoff Dr
  • Legal Unit: 3
  • Address - House Number: 1011
  • Address - Street Name: Althoff
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Mchenry
  • Carrier Code: R010
  • 4-Digit Zip Code: 2804
  • Zip Code: 60051

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $396,892
  • Tax Rate Code Area: 10005

    Appraisal Valuation

  • Standard Deviation: 0.0972
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 91
  • Final Value: 199,153
  • High Value: 218,522
  • Low Value: 179,784

    Market Valuation

  • Market Total Value: $156,864
  • Market Land Value: $43,884
  • Market Improvement Value: $112,980

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $52,288
  • Assessed Land Value: $14,628
  • Assessed Improvements Value: $37,660

    Sales

  • Current Sale Contract Date: May 10, 2023
  • Current Sale Recording Date: May 16, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 11286
  • Previous Sale Recording Date: Jun 14, 2021
  • Previous Sale Contract Date: Apr 13, 2021
  • Previous Sale Amount: $121,000
  • 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 Pistakee Hills

Stats & Trends

Median Asking:

$314,000

Sale Price/ft²

$226

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1130 ft²

Average Home Age

63.3 years

Currently For Sale

3 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 57 Vail Colony Street, Fox Lake, IL, 60020

$1,400 /mo

  • 1 Bed
  • 1 Bath
  • 504 ft²
57 Vail Colony Street #7, Fox Lake, IL, 60020 Listing by Sebastian Ksiazek

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Joseph Wong, Homesmart Connect LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11736165
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 1011 Althoff Drive built and last sold?
The property at 1011 Althoff Drive was built in 1964 and last sold on May 10, 2023 for $218,000.
How much is this home worth?
The estimated value of the home located at 1011 Althoff Drive is $226,531.
What are some comparable homes to 1011 Althoff Drive?
There are currently no comparable homes to 1011 Althoff Drive.
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