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McHenry 60051 Oaks of McHenry
2004 Pine Drive
$215,000
● House - Off Market

2004 Pine Drive

McHenry, IL 60050
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,458 Ft²
$252,291
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

3 bedroom and  2 bath 2-story home with a 2 car garage and a huge yard. Located on a nice quiet street and near all major thoroughfares. A perfect chance opportunity to earn some sweat equity. Property being sold As-Is.
Unit Size
1,458 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$157
Property Type
House
Property Taxes
$512
HOA Dues
-
Year Built
1994

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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 #11233037)

Price History

Date / Event Date Event Price
Dec 2, 2021 Sold
Premium
Sold
Sep 29, 2021 Listed by Coldwell Banker Real Estate Group $229,000
Listed by Coldwell Banker Real Estate Group

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 2
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 2
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 729
  • Garage Type: 7
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Lot Size Depth Feet: 1,250
  • Total Building Area: 2,187
  • Building Area: 1,458
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,458
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OAKS OF MCHENRY PHASE 1
  • Land Acres: 0000000229
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2021R0066407 LT 34 OAKS OF MCHENRY PHASE 1

Neighborhood

  • School District Name: McHenry Community High School District 156
  • Census Tract: 870604

Geography

  • Subdivision Phase Number: 1
  • Parcel: 09-26-202-002
  • Block: 202
  • Lot: 34
  • Municipality: MCHENRY TWP
  • Latitude: 42.357
  • Longitude: -88.2629

    Address

  • Full Address: 2004 Pine Dr
  • Address - House Number: 2004
  • Address - Street Name: Pine
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Mchenry
  • Carrier Code: R005
  • 4-Digit Zip Code: 2621
  • Zip Code: 60051

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $659,734
  • Tax Rate Code Area: 09002

    Appraisal Valuation

  • Standard Deviation: 0.1718
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 267,957
  • High Value: 313,997
  • Low Value: 221,916

    Market Valuation

  • Market Total Value: $208,350
  • Market Land Value: $43,887
  • Market Improvement Value: $164,463

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $69,450
  • Assessed Land Value: $14,629
  • Assessed Improvements Value: $54,821

    Sales

  • Current Sale Contract Date: Dec 01, 2021
  • Current Sale Recording Date: Dec 13, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 2021R0066407
  • Previous Sale Recording Date: Mar 26, 2014
  • Previous Sale Contract Date: Feb 28, 2014
  • Previous Sale Amount: $147,500
  • Previous Sale Document Type: 68

    Financing

  • First Mortgage Financing Type: FIX
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 Oaks of McHenry

Stats & Trends

Median Asking:

$456,950

Sale Price/ft²

$187

Below Asking

0.02%

Average Days on Market

42

Average Home Size

2501 ft²

Average Home Age

25.8 years

Currently For Sale

0 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 2302 Manor Lane, McHenry, IL, 60051

$2,750 /mo

  • 3 Beds
  • 1 Bath
  • 1,200 ft²
2302 Manor Lane, McHenry, IL, 60051 Listing by Sarah Leonard

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Kristine Henderson, Coldwell Banker Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11233037
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 2004 Pine Drive built and last sold?
The property at 2004 Pine Drive was built in 1994 and last sold on Dec 1, 2021 for $215,000.
How much is this home worth?
The estimated value of the home located at 2004 Pine Drive is $0.
What are some comparable homes to 2004 Pine Drive?
There are currently no comparable homes to 2004 Pine Drive.
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