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Pistakee Highlands 60051 Pistakee Hills
1322 Oeffling Drive
$284,000
● House - Off Market

1322 Oeffling Drive

McHenry, IL 60051
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,000 Ft²
$1,477
Est. Monthly
10.36%
Cap Rate

About This Property

Nicely updated Avs Ranch home with an oversized heated 2C-Garage, front deck and covered rear patio. New roof, new siding and windows. Remodeled Kitchen white Shaker Cabinets, Granite countertops and new SS Appliances. Kitchen opens to a living room with bay window. Bath have been updated with new Cabinets, fixtures and ceramic tiles. All new Matte Black light and plumbing fixtures. Property has been Freshly painted, new walnut LVP flooring and new carpeting in 3 bedrooms. New HVAC system and electric service. This is a HomePath property!
Unit Size
1,000 Ft²
Days on Market
-
Land Size
-
Price per sqft
$275
Property Type
House
Property Taxes
$127
HOA Dues
-
Year Built
1962

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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 #11848973)

Price History

Date / Event Date Event Price
Dec 7, 2023 Sold
Premium
Sold
Aug 2, 2023 Listed by Goldtree Realty, Inc $274,900
Listed by Goldtree Realty, Inc

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Bedroom Count: 0
  • 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: 23
  • 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: 912
  • Garage Type: 7
  • Garage Square Area: 1,014
  • Parking Space Count: 4
  • Patio Type: 59
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,731
  • Total Building Area: 1,824
  • Building Area: 912
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 912
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PISTAKEE HILLS
  • Land Acres: 0000000430
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2022R0013267 LT 310 PISTAKEE HILLS UNIT 3

Neighborhood

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

Geography

  • Parcel: 10-07-252-021
  • Block: 252
  • Lot: 310
  • Municipality: MCHENRY TWP
  • Latitude: 42.3957
  • Longitude: -88.2244

    Address

  • Full Address: 1322 Oeffling Dr
  • Legal Unit: 3
  • Address - House Number: 1322
  • Address - Street Name: Oeffling
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Mchenry
  • Carrier Code: R010
  • 4-Digit Zip Code: 7948
  • Zip Code: 60051

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $286,492
  • Tax Rate Code Area: 10005

    Appraisal Valuation

  • Standard Deviation: 0.0972
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 91
  • Final Value: 264,176
  • High Value: 289,869
  • Low Value: 238,484

    Market Valuation

  • Market Total Value: $153,594
  • Market Land Value: $43,884
  • Market Improvement Value: $109,710

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $51,198
  • Assessed Land Value: $14,628
  • Assessed Improvements Value: $36,570

    Sales

  • Current Sale Contract Date: Dec 07, 2023
  • Current Sale Recording Date: Dec 12, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 31191
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 2904 Wooded Lane, McHenry, IL, 60051

$2,200 /mo

  • 2 Beds
  • 1 Bath
  • 1,138 ft²
2904 Wooded Lane, McHenry, IL, 60051 Listing by Serenity Jensen

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Carol Reinwald, Goldtree Realty, Inc
Last Updated: 3 years ago
Data Source: MRED, MLS# 11848973
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 1322 Oeffling Drive built and last sold?
The property at 1322 Oeffling Drive was built in 1962 and last sold on Dec 7, 2023 for $284,000.
How much is this home worth?
The estimated value of the home located at 1322 Oeffling Drive is $308,050.
What are some comparable homes to 1322 Oeffling Drive?
There are currently no comparable homes to 1322 Oeffling Drive.
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