$195,500
●
House -
Off Market
220 NIPPERSINK Drive
MCHENRY, IL 60050
3 Beds
2 Baths
$381,573
RealtyHop Estimate
73.44%
Since Sep 1, 2007
National-US
Primary Model
About This Property
Well cared-for 3 bedroom, 2 bath ranch with full basement on a wide
channel to Nippersink Lake. Hardwood floors in all rooms
except kitchen. Bright, open first-floor family room with wonderful
views. New furnace Aug., 2005. Storage shed and gazebo.
All appliances stay. Lots of storage in basement. Water
softener is a rental. Two driveways to accommodate your motor home,
boat, etc. No flood plain notice received.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$305
HOA Dues
-
Year Built
1959
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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: 2 years ago (MRED MLS #06417788)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 29, 2022 | Sold | ||
| Sold | |||
| Jun 21, 2022 | Listed by Circle One Realty | $324,900 | |
| Listed by Circle One Realty | |||
| | |||
|
Channel Front Location! This cute and spacious ranch is only minutes from Pistakee & Nippersink Lakes. The home offers 3 bedrooms & 2 full baths. The Master bedroom has an attached bath w/an additional walk in closet. The kitchen features 42-inch maple cabinets, all appliances, recessed lighting, a lg. eating area that opens to a family room w/lg. windows & a sliding door that overlooks the water. The living room is off the front of the home & has a large window that offers plenty of natural light & provides a nice separate area for larger families to relax! Hardwood floors throughout the living area, tile in the kitchen, dining room & bathrooms. Large unfinished basement w/laundry area, utility room, water softener & storage area. Minutes from Route 12, parks, shopping, marina, Metra, & more! The roof was replaced in 2012, the rest of the home was updated in 2017, w/new windows, doors, cabinets, trim, plumbing, & electrical. New in July of 2022- Furnace, Air Conditioning. There are 2 concrete driveways on either side of the property allowing for 6-8 parking spots.
| |||
| Aug 31, 2007 | Sold | ||
| Sold | |||
| Feb 21, 2007 | Listed by Prudential First Realty | $220,000 | |
| Listed by Prudential First Realty | |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Pistakee Highlands
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Listed by: , Prudential First Realty
Last Updated: 2 years ago
Data Source: MRED, MLS# 06417788
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.
Last Updated: 2 years ago
Data Source: MRED, MLS# 06417788
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