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McHenry 60050 Stilling's Riverview
2716 OLD OAK Drive
$155,000
● House - Off Market

2716 OLD OAK Drive

McHenry, IL 60050
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,100 Ft²
$174,333
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

3 BEDROOM CEDAR SIDED RANCH. FRENCH DOORS T0  25X16 DECK AND FENCED-IN BACK YARD.   STORAGE SHED.  MATURE TREES.  2 X 6 STUDS USED TO ENHANCE ENERGY EFFICIENCY.  WOODBURNING FIREPLACE IN LIVING ROOM.  SOME RECENT UPGRADES ARE (2019) WELL TANK & ROOF.  (2017) CARPETING IN BEDROOMS, & LAMINATE FLOORING IN FAMILY ROOM AND HALLWAY, (2014) FURNACE.  HOME WARRANTY INCLUDED!!
Unit Size
1,100 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$141
Property Type
House
Property Taxes
$266
HOA Dues
-
Year Built
1959

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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 #11109953)

Price History

Date / Event Date Event Price
Oct 28, 2021 Sold
Premium
Sold
Jun 3, 2021 Listed by Berkshire Hathaway HomeServices Starck Real Estate $154,900
Listed by Berkshire Hathaway HomeServices Starck Real Estate

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 2
  • 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: 8
  • Basement Area: 1,092
  • Garage Type: 7
  • Garage Square Area: 312
  • Parking Space Count: 1
  • Patio Type: 79
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 700
  • Total Building Area: 2,184
  • Building Area: 1,092
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,092
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: STILLINGS 3RD RIVERVIEW SUB
  • Land Acres: 0000000200
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2021R0059219 LT 25 STILLINGS 3RD RIVERVIEW SUB

Neighborhood

  • School District Name: McHenry Community High School District 156
  • Census Tract: 870604

Geography

  • Parcel: 09-24-251-004
  • Block: 251
  • Lot: 25
  • Municipality: MCHENRY TWP
  • Latitude: 42.3676
  • Longitude: -88.2467

    Address

  • Full Address: 2716 Old Oak Dr
  • Address - House Number: 2716
  • Address - Street Name: Old Oak
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Mchenry
  • Carrier Code: C009
  • 4-Digit Zip Code: 2639
  • Zip Code: 60050

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $350,620
  • Tax Rate Code Area: 09001

    Appraisal Valuation

  • Standard Deviation: 0.1815
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 76
  • Final Value: 196,039
  • High Value: 231,640
  • Low Value: 160,439

    Market Valuation

  • Market Total Value: $135,609
  • Market Land Value: $25,395
  • Market Improvement Value: $110,214

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $45,203
  • Assessed Land Value: $8,465
  • Assessed Improvements Value: $36,738

    Sales

  • Current Sale Contract Date: Jul 23, 2021
  • Current Sale Recording Date: Nov 02, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021R0059219
  • Previous Sale Recording Date: Feb 27, 2004
  • Previous Sale Contract Date: Feb 26, 2004
  • Previous Sale Amount: $139,750
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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 Stilling's Riverview

Stats & Trends

Median Asking:

$410,000

Sale Price/ft²

$204

Below Asking

0.07%

Average Days on Market

94

Average Home Size

1500 ft²

Average Home Age

69 years

Currently For Sale

2 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 2302 Manor Lane, McHenry, IL, 60051

$2,750 /mo

  • 3 Beds
  • 1 Bath
  • 1,200 ft²
2302 Manor Lane, McHenry, IL, 60051 Listing by Sarah Leonard

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Dawn Folliard, Berkshire Hathaway HomeServices Starck Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11109953
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 2716 Old Oak Drive built and last sold?
The property at 2716 Old Oak Drive was built in 1959 and last sold on Jul 23, 2021 for $155,000.
How much is this home worth?
The estimated value of the home located at 2716 Old Oak Drive is $0.
What are some comparable homes to 2716 Old Oak Drive?
There are currently no comparable homes to 2716 Old Oak Drive.
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