3009 Miller Drive
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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.
Property Highlights
Building Info
Overview
- Year Built: 1990
- Effective Year Built: 1990
- Building Count: 1
- Total Rooms: 6
- Bedroom Count: 3
- Bathroom Count: 3
- Full Bathrooms: 2
- Partial Bathrooms: 3
- Bathroom Plumbing Fixtures: 4
- Building Condition: 0
- Building Quality: 0
- Construction Type: 0
- Building Style: 11
- Exterior Walls Type: 19
- Interior Walls Type: 0
- Roof Shape Type: 0
- Roof Cover Type: 0
- Floor Count: 100
- Living Units: 1
- Floor Cover: 0
- Basement Type: 0
- Basement Area: 0
- Garage Type: 1
- Garage Square Area: 480
- Parking Space Count: 2
- Patio Type: 0
- Porch Type: 0
- Pool Type: 0
General
- Lot Size Square Feet: 7,405
- Lot Size Depth Feet: 1,250
- Lot Size Frontage Feet: 600
- Total Building Area: 1,332
- Gross Building Area: 1,332
- Building Area: 1,332
- Building Area Measurement: L
Dimensions
- Air Conditioning: 1
- Heating: 3
- Heated Square Feet: 1,332
- Heating Fuel Type: 0
Heating and Cooling
- Sewer System: 1
- Water Service: 6
Utilities
Building
- Building Type: 0
- Property Class: R
- Subdivision: MCHENRY SHORES UNIT 1
- Land Acres: 0000000170
- Standard Land Use Code: 1000
- County Land Use Code: 0040
- Legal Description 1: DOC 2022R0030185 LT 5 BLK 11 MCHENRY SHORES UNIT 1 MEMO: DRUML, NATHAN A/ OBERHUBER AMBER D
Neighborhood
- School District Name: McHenry Community High School District 156
- Census Tract: 870809
Geography
- Parcel: 14-01-308-005
- Block: 11
- Lot: 5
- Municipality: NUNDA TWP
- Latitude: 42.3185
- Longitude: -88.2563
- Full Address: 3009 W Kinley Blvd
- Legal Unit: 1
- Address - House Number: 3009
- Street Direction: W
- Address - Street Name: Kinley
- Address - Suffix Type: Blvd
- State: IL
- City Name: Mchenry
- Carrier Code: R027
- 4-Digit Zip Code: 8276
- Zip Code: 60050
Address
Valuation
- Tax Year: 2022
- Tax Amount: $484,378
- Tax Rate Code Area: 14013
Tax
- Standard Deviation: 0.1698
- Valuation Date: Jan 10, 2024
- Confidence Score: 78
- Final Value: 251,986
- High Value: 294,785
- Low Value: 209,187
Appraisal Valuation
- Total Open Liens:
- Total Open Liens Amount:
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- First Open Lien Mortgage Recording Date:
- First Open Lien Mortgage Loan Amount:
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- First Open Lien Mortgage Loan Type:
- First Open Lien Mortgage Loan Due Date:
Open Liens
- Market Total Value: $171,291
- Market Land Value: $41,121
- Market Improvement Value: $130,170
Market Valuation
- Assessed Year: 2022
- Assessed Total Value: $57,097
- Assessed Land Value: $13,707
- Assessed Improvements Value: $43,390
Assessments Valuation
- Current Sale Contract Date: Jun 30, 2022
- Current Sale Recording Date: Aug 29, 2022
- Current Sale Price:
- Current Sale Document Type: 71
- Current Sale Input Document Number: 30185
- Previous Sale Recording Date: Dec 01, 2016
- Previous Sale Contract Date: Nov 21, 2016
- Previous Sale Amount: $115,000
- Previous Sale Document Type: 69
Sales
- First Mortgage Lender:
- First Mortgage Transaction Date:
- First Mortgage Loan Amount:
- First Mortgage Terms:
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Last Sale Mortgage
3009 Miller Drive
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Comparables
Status
Price/ft²
Listed On
Sold On
About McHenry Shores
Stats & Trends
Median Asking:
$322,450Sale Price/ft²
$219Below Asking
0.01%Average Days on Market
43Average Home Size
1722 ft²Average Home Age
36 yearsCurrently For Sale
1 ListingsSimilar Homes for Sale
Currently no similar homes aroundNearby Rentals
Data Source: MRED, MLS# MRD12405991
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017