$449,000
●
House -
Off Market
2985 BAY MEADOW Lane
McHenry, IL 60051
4 Beds
4 Baths,
1
Half Bath
4,985 Ft²
$747,892
RealtyHop Estimate
59.47%
Since Sep 1, 2017
National-US
Primary Model
About This Property
OWNER IS RELOCATING!!*THIS IS A INCREDIBLE PRIVATE CUSTOM BUILT
BRICK HOME IS RESTING ON 1.67 AC PROFESSIONALLY LANDSCAPED &
SPRINKLERED PROPERTY WITH POND, BACKS TO OPEN LAND CONSERVATORY.
ENJOY THIS GORGEOUS PRIVATE RETREAT WITH HEATED POOL, DIVING BOARD,
SLIDE, WATERFALL, BASKETBALL COURT,OUTDOOR MASON FIREPLACE,
BUILD-IN GRILL. HARDWOOD FLOORING T/O, SECURITY SYS WIRED T/O,
TOP OF THE LINE APPLIANCES, OUTSTANDING!! SCHOOL DISTRICT
PLUS 4-CAR HEATED GARAGE WITH FULL BATH SO MUCH MORE! *SUMMER
LIVING AT ITS BEST WITH BEATIUFUL SUNSETS AND QUIET NIGHTS* MINUTES
FROM PISTAKEE BAY AND THE CHAIN 'O LAKES, FISHING, BOATING,
RESTAURANTS, SHOPPING. MOTIVATED SELLER IS ORIGINAL OWNER.
Unit Size
4,985 Ft²
Days on Market
-
Land Size
1.67 acres
Price per sqft
$94
Property Type
House
Property Taxes
$968
HOA Dues
-
Year Built
2001
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Cap Rate Calculator
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Monthly Rental Income
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Cap Rate
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 #09023045)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 17, 2017 | Sold | ||
| Sold | |||
| Jul 13, 2017 | Listed | $469,000 | |
| Listed | |||
| | |||
|
OWNER IS RELOCATING!!*THIS IS A INCREDIBLE PRIVATE CUSTOM BUILT BRICK HOME IS RESTING ON 1.67 AC PROFESSIONALLY LANDSCAPED & SPRINKLERED PROPERTY WITH POND, BACKS TO OPEN LAND CONSERVATORY. ENJOY THIS GORGEOUS PRIVATE RETREAT WITH HEATED POOL, DIVING BOARD, SLIDE, WATERFALL, BASKETBALL COURT,OUTDOOR MASON FIREPLACE, BUILD-IN GRILL. HARDWOOD FLOORING T/O, SECURITY SYS WIRED T/O, TOP OF THE LINE APPLIANCES, OUTSTANDING!! SCHOOL DISTRICT PLUS 4-CAR HEATED GARAGE WITH FULL BATH SO MUCH MORE! *SUMMER LIVING AT ITS BEST WITH BEATIUFUL SUNSETS AND QUIET NIGHTS* MINUTES FROM PISTAKEE BAY AND THE CHAIN 'O LAKES, FISHING, BOATING, RESTAURANTS, SHOPPING. MOTIVATED SELLER IS ORIGINAL OWNER.The manager has listed the unit size as 4985 square feet.
| |||
| Aug 27, 2015 | Listed by Keller Williams Platinum Partners | $469,000 | |
| Listed by Keller Williams Platinum Partners | |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Bay Oaks
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: , Keller Williams Platinum Partners
Last Updated: 3 years ago
Data Source: MRED, MLS# 09023045
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# 09023045
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