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McHenry 60050 Orchard Heights on The Fox
2705 Russett Road
$199,990
● House - Off Market

2705 Russett Road

McHenry, IL 60050
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,016 Ft²
$231,038
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

Newly renovated including brand new bathrooms and large, bright kitchen with lots of cabinets. Brand new Central AC. All mechanicals are new within 5 years. Large lot with shed on S side of property. New flooring, carpet and fresh paint throughout. Nice, quiet neighborhood with a view of the Fox River. Has also been previously rented out for $1880/mo.
Unit Size
2,016 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$99
Property Type
House
Property Taxes
$424
HOA Dues
$13
Year Built
1967

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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.

Last updated: 3 years ago (MRED MLS #11100611)

Price History

Date / Event Date Event Price
Jul 19, 2021 Sold
Premium
Sold
May 21, 2021 Listed by Baird & Warner $199,900
Listed by Baird & Warner

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 1
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,296
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,810
  • Total Building Area: 2,016
  • Building Area: 2,016
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,016
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ORCHARD HEIGHTS ON THE FOX
  • Land Acres: 0000000340
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2021R0041868 LTS 17 & 18 BLK 3 ORCHARD HEIGHTS ON THE FOX MEMO: BETANCOURTH, RUBEN JR/ DELEON, TERESA DIAZ

Neighborhood

  • Census Tract: 870810

Geography

  • Parcel: 14-12-328-034
  • Block: 3
  • Lot: 17,18
  • Municipality: NUNDA TWP
  • Latitude: 42.3049
  • Longitude: -88.2516

    Address

  • Full Address: 2705 Russett Rd
  • Address - House Number: 2705
  • Address - Street Name: Russett
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Mchenry
  • Carrier Code: R009
  • 4-Digit Zip Code: 8050
  • Zip Code: 60050

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $548,872
  • Tax Rate Code Area: 14002

    Appraisal Valuation

  • Standard Deviation: 0.1815
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 76
  • Final Value: 306,028
  • High Value: 361,602
  • Low Value: 250,455

    Market Valuation

  • Market Total Value: $202,518
  • Market Land Value: $18,894
  • Market Improvement Value: $183,624

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $67,506
  • Assessed Land Value: $6,298
  • Assessed Improvements Value: $61,208
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 Orchard Heights on The Fox

Stats & Trends

Median Asking:

$299,990

Sale Price/ft²

$229

Below Asking

0.01%

Average Days on Market

36

Average Home Size

1290 ft²

Average Home Age

64.6 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

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MRED

Listed by: Carrie Alluri, Baird & Warner
Last Updated: 3 years ago
Data Source: MRED, MLS# 11100611
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 2705 Russett Road built and last sold?
The property at 2705 Russett Road was built in 1967 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 2705 Russett Road is $0.
What are some comparable homes to 2705 Russett Road?
There are currently no comparable homes to 2705 Russett Road.
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