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McHenry 60051 Griswold Lake Hills
2615 Forestwood Drive
$129,000
● House - Off Market

2615 Forestwood Drive

MCHENRY, IL 60051
bedrooms
3 Beds
bathrooms
1 Bath
$258,076
RealtyHop Estimate
91.88%
Since Sep 1, 2008
National-US
Primary Model

About This Property

WELCOME HOME TO YOUR COZY & TUCKED AWAY 3 BEDROOM, 1 BATHROOM RANCH! PERFECT STARTER HOME! BRIGHT, AIRY & OPEN FLOOR PLAN WITH OPEN KITCHEN & LIVING ROOM! KITCHEN W/ABUNDANCE OF CABINET SPACE, EATING AREA TABLE SPACE & LARGE WINDOW ABOVE THE SINK! THREE SPACIOUS BEDROOMS WITH CARPET FLOORS & CLOSET SPACE! NEUTRAL DECOR THRU-OUT! BACKYARD IS LUSH, LARGE AND SPACIOUS FOR ALL YOUR SUMMER FAMILY FUN! WOW! THIS IS THE ONE
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$155
HOA Dues
-
Year Built
1968

Payment Calculator

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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

Parking Available

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 17
  • 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: 9,148
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 600
  • Total Building Area: 972
  • Building Area: 972
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 6
  • Heating: 4
  • Heated Square Feet: 972
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GRISWOLD LAKE HILLS
  • Land Acres: 0000000210
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2008R0043036 LT 28 GRISWOLD LAKE HILLS UNIT 1

Neighborhood

  • School District Name: McHenry Community High School District 156
  • Census Tract: 870811

Geography

  • Parcel: 15-17-329-021
  • Block: 329
  • Lot: 28
  • Municipality: NUNDA TWP
  • Latitude: 42.2909
  • Longitude: -88.21

    Address

  • Full Address: 2615 Forestwood Dr
  • Legal Unit: 1
  • Address - House Number: 2615
  • Address - Street Name: Forestwood
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Mchenry
  • Carrier Code: R002
  • 4-Digit Zip Code: 6705
  • Zip Code: 60051

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $317,548
  • Tax Rate Code Area: 15002

    Appraisal Valuation

  • Standard Deviation: 0.1831
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 200,038
  • High Value: 236,667
  • Low Value: 163,409

    Market Valuation

  • Market Total Value: $124,752
  • Market Land Value: $34,188
  • Market Improvement Value: $90,564

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $41,584
  • Assessed Land Value: $11,396
  • Assessed Improvements Value: $30,188

    Sales

  • Current Sale Contract Date: Jul 31, 2008
  • Current Sale Recording Date: Aug 06, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2008R0043036
  • Previous Sale Recording Date: Oct 31, 2001
  • Previous Sale Contract Date: Oct 25, 2001
  • Previous Sale Amount: $108,200
  • Previous Sale Document Type: 71
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 Griswold Lake Hills

Stats & Trends

Median Asking:

$389,900

Sale Price/ft²

$200

Above Asking

0.00%

Average Days on Market

27

Average Home Size

1523 ft²

Average Home Age

71 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 4354 Shooting Star Drive, Island Lake, IL, 60042

$2,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,464 ft²
4354 Shooting Star Drive, Island Lake, IL, 60042 Listing by Michael Rein

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Joe Guli, Keller Williams Premier Realty
Data Source: MRED, MLS# MRD06897601
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 2615 Forestwood Drive built and last sold?
The property at 2615 Forestwood Drive was built in 1968 and last sold on Jul 31, 2008 for $129,000.
How much is this home worth?
The estimated value of the home located at 2615 Forestwood Drive is $176,649.
What are some comparable homes to 2615 Forestwood Drive?
There are currently no comparable homes to 2615 Forestwood Drive.
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