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McHenry 60013 Lake Killarney
2610 Killarney Drive
$249,000
● House - Off Market

2610 Killarney Drive

Cary, IL 60013
bedrooms
2 Beds
bathrooms
1 Bath
square feet
820 Ft²
$1,607
Est. Monthly
$29
HOA / Fees
7.95%
Cap Rate

About This Property

Discover this Lake Killarney ranch, ready to be your new home! Enjoy freshly painted interiors, hardwood floors, new central air conditioning, and a newly installed hot water tank. Situated on a 1/4 acre lot with a fenced backyard, it's just a 5-minute walk to Lake Killarney beach and park. This private, spring-fed, stocked, and non-motorized lake offers tranquility. Enjoy proximity to downtown Cary, Metra, shopping, dining, and top-ranked schools. Affordability meets convenience here-don't miss out!
Unit Size
820 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$304
Property Type
House
Property Taxes
$354
HOA Dues
$29
Year Built
1961

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Cap Rate Calculator

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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.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,689
  • Total Building Area: 820
  • Building Area: 820
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 820
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKE KILLARNEY UNIT 1
  • Land Acres: 0000000245
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2019R0034712 LT 5 BLK 1 LAKE KILLARNEY UNIT 1

Neighborhood

  • School District Name: Cary Community Consolidated School District 26
  • Census Tract: 871304

Geography

  • Parcel: 19-01-184-001
  • Block: 1
  • Lot: 5
  • Municipality: ALGONQUIN TWP
  • Latitude: 42.2345
  • Longitude: -88.2486

    Address

  • Full Address: 2610 Killarney Dr
  • Legal Unit: 1
  • Address - House Number: 2610
  • Address - Street Name: Killarney
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Cary
  • Carrier Code: R009
  • 4-Digit Zip Code: 1528
  • Zip Code: 60013

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $417,810
  • Tax Rate Code Area: 19006

    Appraisal Valuation

  • Standard Deviation: 0.151
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 81
  • Final Value: 199,254
  • High Value: 229,345
  • Low Value: 169,163

    Market Valuation

  • Market Total Value: $153,195
  • Market Land Value: $52,521
  • Market Improvement Value: $100,674

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $51,065
  • Assessed Land Value: $17,507
  • Assessed Improvements Value: $33,558
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 Lake Killarney

Stats & Trends

Median Asking:

$315,000

Sale Price/ft²

$179

Above Asking

0.00%

Average Days on Market

38

Average Home Size

1890 ft²

Average Home Age

62.3 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 1169 Amber Drive, Cary, IL, 60013

$2,600 /mo

  • 2 Beds
  • 2 Baths
  • 1,359 ft²
1169 Amber Drive, Cary, IL, 60013 Listing by Jenni Matts
Unit for rent at 340 Cary-algonquin Road, Cary, IL, 60013

$1,445 /mo

  • 2 Beds
  • 1 Bath
  • 860 ft²
340 Cary-Algonquin Road #102, Cary, IL, 60013 Listing by Linda Dalrymple

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Kim Alden, Compass
Data Source: MRED, MLS# MRD12474052
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 2610 Killarney Drive built and last sold?
The property at 2610 Killarney Drive was built in 1961 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 2610 Killarney Drive is $0.
What are some comparable homes to 2610 Killarney Drive?
There are currently no comparable homes to 2610 Killarney Drive.
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