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McHenry 60050 Riverside Hollow
2917 Arbor Drive
$360,000
● House - Off Market

2917 Arbor Drive

McHenry, IL 60050
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,504 Ft²
$363,195
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

Welcome to this Gorgeous Brick, 4 Bedroom/ 2.1 Bath Located in Riverside Hollow of McHenry. Greeted by and open Foyer that leads into the Living Room/Dining Room. Enjoy cooking in your spacious gourmet kitchen, fit for any chef..featuring 2 Sinks, each with a garbage disposal, island with cooktop, 6ft Fridge & Freezer combo, wine fridge, walk-in pantry, and a window overlooking the backyard. 2nd Level features 20x26 Primary Bedroom, with En-suite and spacious Walk-In Closet, Laundry Room, 20x14 Loft, and 3 Additional bedrooms with a shared Full Bath. Wait until you see the 600+square foot Deck! Perfect for relaxing or entertaining guests. Near the Fox River, Downtown McHenry, Restaurants and Park. NEW Roof 2021- Hot Water Heater 2014- Carpet 2021. Come see this stunning home today!
Unit Size
3,504 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$101
Property Type
House
Property Taxes
$681
HOA Dues
-
Year Built
2003

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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 #11434520)

Price History

Date / Event Date Event Price
Jul 25, 2022 Sold
Premium
Sold
Jun 17, 2022 Listed by @properties Christie's International Real Estate $355,000
Listed by @properties Christie's International Real Estate

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 2
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 28
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,216
  • Garage Type: 7
  • Garage Square Area: 619
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Total Building Area: 5,170
  • Building Area: 3,376
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,504
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIVERSIDE HOLLOW
  • Land Acres: 0000000253
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2022R0026283 LT 50 RIVERSIDE HOLLOW MEMO: SZADY, PAMELA K/CURRAN, DAVID M

Neighborhood

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

Geography

  • Parcel: 09-24-354-003
  • Lot: 50
  • Municipality: MCHENRY TWP
  • Latitude: 42.3579
  • Longitude: -88.2552

    Address

  • Full Address: 2917 Arbor Dr
  • Address - House Number: 2917
  • Address - Street Name: Arbor
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Mchenry
  • Carrier Code: R020
  • 4-Digit Zip Code: 2677
  • Zip Code: 60050

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $856,446
  • Tax Rate Code Area: 09056

    Appraisal Valuation

  • Standard Deviation: 0.1713
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 406,154
  • High Value: 475,728
  • Low Value: 336,580

    Market Valuation

  • Market Total Value: $288,474
  • Market Land Value: $50,313
  • Market Improvement Value: $238,161

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $96,158
  • Assessed Land Value: $16,771
  • Assessed Improvements Value: $79,387

    Sales

  • Current Sale Contract Date: Jul 08, 2022
  • Current Sale Recording Date: Jul 25, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 26283
  • Previous Sale Recording Date: Aug 14, 2020
  • Previous Sale Contract Date: Jul 16, 2020
  • Previous Sale Amount: $300,000
  • Previous Sale Document Type: 27
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 Riverside Hollow

Stats & Trends

Median Asking:

$459,900

Sale Price/ft²

$148

Below Asking

0.01%

Average Days on Market

59

Average Home Size

3136 ft²

Average Home Age

23 years

Currently For Sale

1 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: Danyel Butler, @properties Christie's International Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11434520
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 2917 Arbor Drive built and last sold?
The property at 2917 Arbor Drive was built in 2003 and last sold on Jul 8, 2022 for $360,000.
How much is this home worth?
The estimated value of the home located at 2917 Arbor Drive is $366,013.
What are some comparable homes to 2917 Arbor Drive?
There are currently no comparable homes to 2917 Arbor Drive.
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