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McHenry 60050 Boone Creek
318 Inverness Trail
$399,000
● House - Off Market

318 Inverness Trail

McHenry, IL 60050
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,492 Ft²
$2,617
Est. Monthly
5.27%
Cap Rate

About This Property

Welcome to this beautifully maintained ranch-style home offering comfort, space, and timeless charm. Featuring 3 spacious bedrooms and 2 bathrooms, this home is designed for easy living. The gas fireplace in the living room creates a cozy focal point, complemented by gleaming hardwood floors that flow through the living room, kitchen, and primary bedroom. Enjoy cooking and dining in the eat-in kitchen, which opens via sliding doors to a 3-season room-perfect for relaxing or entertaining while overlooking the lush, fenced backyard. Additional highlights include a full basement, 2-car garage, and recent updates such as newer siding and a washer and dryer-both just 5 years old. Don't miss your chance to own this inviting home that combines modern convenience with classic style in a peaceful, move-in-ready package!
Unit Size
1,492 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$281
Property Type
House
Property Taxes
$559
HOA Dues
-
Year Built
2000

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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.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 4
  • Building Style: 28
  • 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: 2
  • Basement Area: 936
  • Garage Type: 7
  • Garage Square Area: 460
  • Parking Space Count: 2
  • Patio Type: 55
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Total Building Area: 3,018
  • Building Area: 1,492
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,509
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BOONE CREEK UNIT 2
  • Land Acres: 0000000252
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2012R0002769 (RE-RECORD) LT 283 BOONE CREEK UNIT 2 MEMO: BARYS, EDWARD J/DORIS J LIV TR

Neighborhood

  • School District Name: McHenry Community High School District 156
  • Census Tract: 870605

Geography

  • Parcel: 09-33-351-026
  • Lot: 283
  • Municipality: MCHENRY TWP
  • Latitude: 42.331
  • Longitude: -88.3129

    Address

  • Full Address: 318 Inverness Trl
  • Legal Unit: 2
  • Address - House Number: 318
  • Address - Street Name: Inverness
  • Address - Suffix Type: Trl
  • State: IL
  • City Name: Mchenry
  • Carrier Code: R026
  • 4-Digit Zip Code: 5905
  • Zip Code: 60050

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $659,666
  • Tax Rate Code Area: 09002

    Appraisal Valuation

  • Standard Deviation: 0.151
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 81
  • Final Value: 312,961
  • High Value: 360,224
  • Low Value: 265,698

    Market Valuation

  • Market Total Value: $241,329
  • Market Land Value: $52,416
  • Market Improvement Value: $188,913

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $80,443
  • Assessed Land Value: $17,472
  • Assessed Improvements Value: $62,971

    Sales

  • Current Sale Contract Date: Jun 16, 2000
  • Current Sale Recording Date: Jul 17, 2000
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2000R0037891
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 Boone Creek

Stats & Trends

Median Asking:

$349,000

Sale Price/ft²

$221

Above Asking

0.00%

Average Days on Market

34

Average Home Size

1433 ft²

Average Home Age

24.3 years

Currently For Sale

3 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 540 Legend Lane, McHenry, IL, 60050

$2,650 /mo

  • 3 Beds
  • 3 Baths
  • 2,054 ft²
540 Legend Lane, McHenry, IL, 60050 Listing by Brandy Schuldt

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Dawn Bremer, Keller Williams Success Realty
Data Source: MRED, MLS# MRD12437311
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 318 Inverness Trail built and last sold?
The property at 318 Inverness Trail was built in 2000 and last sold on Jun 16, 2000 for $188,635.
How much is this home worth?
The estimated value of the home located at 318 Inverness Trail is $0.
What are some comparable homes to 318 Inverness Trail?
There are currently no comparable homes to 318 Inverness Trail.
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