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McHenry 60050 Brittany Heights
3121 W Lorient Drive
$260,000
● House - Off Market

3121 W Lorient Drive

McHenry, IL 60050
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,628 Ft²
$273,185
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Ranch home in desirable neighborhood in McHenry.  Minutes to schools, McHenry Recreation Center, Aquatic Center, and the McHenry Riverwalk with its charming shops and restaurants located on the Fox River.   This home has an extended garage bay and built-in cabinets in the living room for extra storage.  It has a crawl space.  All appliances are being sold with the house.  This house has  an eating area in the kitchen with additional breakfast bar, separate dining room and living room with vaulted ceilings and gas fireplace.  Backyard patio has ample privacy for you to enjoy your outdoor space.   Property to be sold "as is".  There are no known issues with appliances, roof, or any other major equipment and/or structure.  It is in "move in" condition.
Unit Size
1,628 Ft²
Days on Market
-
Land Size
-
Price per sqft
$169
Property Type
House
Property Taxes
$484
HOA Dues
-
Year Built
1988

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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 #11793082)

Price History

Date / Event Date Event Price
Sep 30, 2023 Sold
Premium
Sold
May 26, 2023 Listed by Jorge Zea Managing Broker $274,900
Listed by Jorge Zea Managing Broker

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 2
  • 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: 8
  • Basement Area: 1,628
  • Garage Type: 7
  • Garage Square Area: 508
  • Parking Space Count: 2
  • Patio Type: 55
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,454
  • Total Building Area: 3,256
  • Building Area: 1,529
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,628
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BRITTANY HEIGHTS
  • Land Acres: 0000000240
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2003R0102549 LT 61 UNIT 2 OF BRITTANY HEIGHTS

Neighborhood

  • School District Name: McHenry Community High School District 156
  • Census Tract: 870606

Geography

  • Parcel: 09-35-482-007
  • Block: 482
  • Lot: 61
  • Municipality: MCHENRY TWP
  • Latitude: 42.3296
  • Longitude: -88.2601

    Address

  • Full Address: 3121 W Lorient Dr
  • Legal Unit: 2
  • Address - House Number: 3121
  • Street Direction: W
  • Address - Street Name: Lorient
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Mchenry
  • Carrier Code: R023
  • 4-Digit Zip Code: 6103
  • Zip Code: 60050

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $613,604
  • Tax Rate Code Area: 09002

    Appraisal Valuation

  • Standard Deviation: 0.1769
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 77
  • Final Value: 298,231
  • High Value: 351,009
  • Low Value: 245,454

    Market Valuation

  • Market Total Value: $226,782
  • Market Land Value: $48,861
  • Market Improvement Value: $177,921

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $75,594
  • Assessed Land Value: $16,287
  • Assessed Improvements Value: $59,307

    Sales

  • Current Sale Contract Date: Sep 28, 2023
  • Current Sale Recording Date: Oct 04, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 25056
  • Previous Sale Recording Date: Jul 31, 2003
  • Previous Sale Contract Date: Jul 29, 2003
  • Previous Sale Amount: $173,000
  • Previous Sale Document Type: 71
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 Brittany Heights

Stats & Trends

Median Asking:

$379,000

Sale Price/ft²

$176

Below Asking

0.01%

Average Days on Market

37

Average Home Size

2134 ft²

Average Home Age

38 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

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: Jorge Zea, Jorge Zea Managing Broker
Last Updated: 3 years ago
Data Source: MRED, MLS# 11793082
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 3121 West Lorient Drive built and last sold?
The property at 3121 West Lorient Drive was built in 1988 and last sold on Sep 28, 2023 for $260,000.
How much is this home worth?
The estimated value of the home located at 3121 West Lorient Drive is $0.
What are some comparable homes to 3121 West Lorient Drive?
There are currently no comparable homes to 3121 West Lorient Drive.
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