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Crystal Lake 60014 Crystal Lake
163 EDGEWATER Drive
$400,000
● House - Off Market

163 EDGEWATER Drive

CRYSTAL LAKE, IL 60014
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,250 Ft²
$824,332
RealtyHop Estimate
106.08%
Since Jul 1, 2009
National-US
Primary Model

About This Property

50 FT. OF LAKEFRONT ON CRYSTAL LAKE! Boat! Fish! Swim! Custom beauty w/private pier, unique 30x12 deck & gazebo w/year round vista views of water! Modern open log cabin style int. w/vaulted ceilings, LR/DR w/dbl sided masonry FP, oversize Pella windows, kit w/custom cabs & Corian cntrs. Huge MBR w/FP! Ultra MBTH w/steam room & whirlpool. Fin English bsmnt w/3rd FP! (Short sale, pre-foreclosure)
Unit Size
2,250 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$178
Property Type
House
Property Taxes
$1,056
HOA Dues
-
Year Built
1977

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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.

Property Highlights

Air Conditioning
Fireplace
Garage
With View

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 400
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,344
  • Parking Type: 1
  • Garage Type: 7
  • Garage Square Area: 816
  • Parking Space Count: 3
  • Patio Type: 79
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,377
  • Lot Size Depth Feet: 1,870
  • Lot Size Frontage Feet: 500
  • Total Building Area: 3,446
  • Building Area: 1,766
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 3,110
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: R A CEPEKS CRYSTAL VISTA
  • Land Acres: 0000000215
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2009R0030772 LT 7 BLK 36 R A CEPEKS CRYSTAL VISTA

Neighborhood

  • School District Name: Crystal Lake Community Consolidated School District 47
  • Census Tract: 871105

Geography

  • Parcel: 18-01-154-007
  • Block: 36
  • Lot: 7
  • Municipality: GRAFTON TWP
  • Latitude: 42.2365
  • Longitude: -88.3693

    Address

  • Full Address: 163 Edgewater Dr
  • Address - House Number: 163
  • Address - Street Name: Edgewater
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Crystal Lake
  • Carrier Code: C005
  • 4-Digit Zip Code: 5015
  • Zip Code: 60014

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,203,654
  • Tax Rate Code Area: 18010

    Appraisal Valuation

  • Standard Deviation: 0.1631
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 483,230
  • High Value: 562,072
  • Low Value: 404,387

    Market Valuation

  • Market Total Value: $402,948
  • Market Land Value: $257,196
  • Market Improvement Value: $145,752

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $134,316
  • Assessed Land Value: $85,732
  • Assessed Improvements Value: $48,584

    Sales

  • Current Sale Contract Date: Jun 09, 2009
  • Current Sale Recording Date: Jun 17, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2009R0030772
  • Previous Sale Recording Date: May 05, 2003
  • Previous Sale Contract Date: Apr 21, 2003
  • Previous Sale Amount: $599,900
  • Previous Sale Document Type: 27
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 Crystal Lake

Stats & Trends

Median Asking:

$337,450

Sale Price/ft²

$235

Below Asking

0.01%

Average Days on Market

42

Average Home Size

1932 ft²

Average Home Age

63.3 years

Currently For Sale

9 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 1394 Teakwood Lane, Crystal Lake, IL, 60014

$2,200 /mo

  • 2 Beds
  • 1 Bath
  • 1,025 ft²
1394 Teakwood Lane, Crystal Lake, IL, 60014 Listing by Sophia Fudala
Unit for rent at 5 S Virginia Road, Crystal Lake, IL, 60014

$2,395 /mo

  • 2 Beds
  • 2 Baths
  • 1,335 ft²
5 S Virginia Road #3, Crystal Lake, IL, 60014 Listing by Ben Broughton

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Sharon Falco, CSC, RE/MAX Central Inc.
Data Source: MRED, MLS# MRD06829695
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 163 Edgewater Drive built and last sold?
The property at 163 Edgewater Drive was built in 1977 and last sold on Jun 9, 2009 for $400,000.
How much is this home worth?
The estimated value of the home located at 163 Edgewater Drive is $427,649.
What are some comparable homes to 163 Edgewater Drive?
There are currently no comparable homes to 163 Edgewater Drive.
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