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McHenry 60050 Olde Mill Ponds on Boone Creek
2019 Olde Mill Lane
$365,000
● House - Off Market

2019 Olde Mill Lane

McHenry, IL 60050
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,644 Ft²
$2,702
Est. Monthly
$60
HOA / Fees
4.92%
Cap Rate
Unit Size
2,644 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$144
Property Type
House
Property Taxes
$776
HOA Dues
$60
Year Built
1998

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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

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 2
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 13
  • 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: 1,256
  • Garage Type: 7
  • Garage Square Area: 525
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Total Building Area: 4,200
  • Building Area: 2,502
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,644
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OLDE MILL PONDS ON BOONE CREEK
  • Land Acres: 0000000251
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2021R0031402 LT 111 OLDE MILL PONDS ON BOONE CREEK

Neighborhood

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

Geography

  • Parcel: 09-26-101-004
  • Block: 101
  • Lot: 111
  • Municipality: MCHENRY TWP
  • Latitude: 42.3564
  • Longitude: -88.2769

    Address

  • Full Address: 2019 Olde Mill Ln
  • Address - House Number: 2019
  • Address - Street Name: Olde Mill
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Mchenry
  • Carrier Code: R020
  • 4-Digit Zip Code: 3979
  • Zip Code: 60050

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $901,702
  • Tax Rate Code Area: 09002

    Appraisal Valuation

  • Standard Deviation: 0.1663
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 391,355
  • High Value: 456,455
  • Low Value: 326,254

    Market Valuation

  • Market Total Value: $302,766
  • Market Land Value: $54,753
  • Market Improvement Value: $248,013

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $100,922
  • Assessed Land Value: $18,251
  • Assessed Improvements Value: $82,671

    Sales

  • Current Sale Contract Date: Jun 02, 2021
  • Current Sale Recording Date: Jun 09, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021R0031402
  • Previous Sale Recording Date: Aug 29, 2003
  • Previous Sale Contract Date: Aug 26, 2003
  • Previous Sale Amount: $270,000
  • Previous Sale Document Type: 71

    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 Olde Mill Ponds on Boone Creek

Stats & Trends

Median Asking:

$469,998

Sale Price/ft²

$188

Below Asking

0.01%

Average Days on Market

31

Average Home Size

2176 ft²

Average Home Age

28 years

Currently For Sale

1 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

Rentals Near You

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MRED

Listed by: Heather Owino, Keller Williams Success Realty
Data Source: MRED, MLS# MRD12416191
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 2019 Olde Mill Lane built and last sold?
The property at 2019 Olde Mill Lane was built in 1998 and last sold on Jun 2, 2021 for $299,500.
How much is this home worth?
The estimated value of the home located at 2019 Olde Mill Lane is $0.
What are some comparable homes to 2019 Olde Mill Lane?
There are currently no comparable homes to 2019 Olde Mill Lane.
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