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McHenry 60014
3506 Riverside Drive
$199,500
● House - Off Market

3506 Riverside Drive

Crystal Lake, IL 60014
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,300 Ft²
$292,766
RealtyHop Estimate
46.75%
Since Aug 1, 2019
National-US
Primary Model

About This Property

Recently remodeled with meticulous attention to details. You will love this house on a double lot. New hardwood floors, windows, furnace, A/C, siding, and roof. Upstairs master bedroom with walking in closet and master bath feels like a suit. Open concept kitchen with white cabinets, granite counter-tubs, stainless steel appliances, and an island open to the living area. Bedrooms with new carpets. New washer and dryer. Big lot with 2 car garage. Close to Fox River and Chain O'Lakes State Park.
Unit Size
1,300 Ft²
Days on Market
-
Land Size
-
Price per sqft
$153
Property Type
House
Property Taxes
$338
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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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 #10373078)

Price History

Date / Event Date Event Price
Jul 1, 2019 Sold
Premium
Sold
May 8, 2019 Listed by Continuum Real Estate Brokers $199,500
Listed by Continuum Real Estate Brokers

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,356
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: BARBEES BURTON BRIDGE SUB
  • Land Acres: 0000000100
  • Standard Land Use Code: 8000
  • County Land Use Code: 0030
  • Legal Description 1: DOC 2019R0020126 N PT LT 28 /EX N 15FT/ BLK 1 BARBEES BURTON BRIDGE SUB

Neighborhood

  • School District Name: Community High School District 155
  • Census Tract: 870810

Geography

  • Parcel: 15-19-177-065
  • Block: 1
  • Lot: 28
  • Municipality: NUNDA TWP
  • Latitude: 42.279
  • Longitude: -88.2293

    Address

  • Full Address: 3506 Riverside Dr
  • Address - House Number: 3506
  • Address - Street Name: Riverside
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Crystal Lake
  • Carrier Code: R001
  • 4-Digit Zip Code: 2371
  • Zip Code: 60014

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $18,704
  • Tax Rate Code Area: 15100

    Market Valuation

  • Market Total Value: $6,000
  • Market Land Value: $6,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $2,000
  • Assessed Land Value: $2,000

    Sales

  • Current Sale Contract Date: Jul 01, 2019
  • Current Sale Recording Date: Jul 03, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 45
  • Current Sale Input Document Number: 2019R0020126
  • Previous Sale Recording Date: May 10, 2018
  • Previous Sale Contract Date: Apr 18, 2018
  • Previous Sale Amount: $30,000
  • Previous Sale Document Type: 68

    Financing

  • First Mortgage Financing Type: FIX
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 McHenry

Stats & Trends

Median Asking:

$379,900

Sale Price/ft²

$199

Below Asking

0.01%

Average Days on Market

44

Average Home Size

2483 ft²

Average Home Age

36.6 years

Currently For Sale

642 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: Malgorzata Dworkiewicz, Continuum Real Estate Brokers
Last Updated: 3 years ago
Data Source: MRED, MLS# 10373078
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 3506 Riverside Drive built and last sold?
The property at 3506 Riverside Drive was built in and last sold on Jul 1, 2019 for $199,500.
How much is this home worth?
The estimated value of the home located at 3506 Riverside Drive is $0.
What are some comparable homes to 3506 Riverside Drive?
There are currently no comparable homes to 3506 Riverside Drive.
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