$196,000
●
House -
Off Market
2622 Fair Oak Lane
McHenry, IL 60051
3 Beds
1 Bath
1,000 Ft²
$213,083
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model
About This Property
Completely renovated, pristine, turn key ranch! Incredibly done
kitchen with quality materials. Hickory cabinetry, granite
countertops, top of the line stainless appliances. Large island
perfect for family dinners or entertaining! Nice deck & large yard
(has invisible dog fence) with river views! Solid oak doors, newer
carpeting. 2.5 car garage is insulated & heated!! New well 6 years
ago, septic regularly maintained. Siding, & driveway are apx 6
years old. New water softener 2013. Furnace 2013, roof 2006, H2O
heater 2020, sump pump 2020. HOA is $55/ANNUALLY for plow.
**agents** please see broker remarks
Unit Size
1,000 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$197
Property Type
House
Property Taxes
$187
HOA Dues
$5
Year Built
1930
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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: 3 years ago (MRED MLS #11280810)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 4, 2022 | Sold | ||
| Sold | |||
| Dec 3, 2021 | Listed by Keller Williams Success Realty | $196,999 | |
| Listed by Keller Williams Success Realty | |||
| Nov 14, 2021 | No longer available | - | |
| No longer available | |||
| Nov 9, 2021 | In contract | - | |
| In contract | |||
| Nov 5, 2021 | Listed by Keller Williams Success Realty | $196,999 | |
| Listed by Keller Williams Success Realty | |||
| | |||
|
Completely renovated, pristine, turn key ranch! Incredibly done kitchen with quality materials. Hickory cabinetry, granite countertops, top of the line stainless appliances. Large island perfect for family dinners or entertaining! Nice deck & large yard (has invisible dog fence) with river views! Solid oak doors, newer carpeting. 2.5 car garage is insulated & heated!! New well 6 years ago, septic regularly maintained. Siding, & driveway are apx 6 years old. New water softener 2013. Furnace 2013, roof 2006, H2O heater 2020, sump pump 2020. *Please notice use of space in closets but know wire organizing shelves do not stay. HOA is $55/ANNUALLY for plow. The manager has listed the unit size as 1000 square feet.
| |||
Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Cravercrest
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Listed by: Melissa Gustafson, Keller Williams Success Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11280810
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: 3 years ago
Data Source: MRED, MLS# 11280810
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