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Lake Holiday 60552
378 holiday Drive
$430,000
● House - Off Market

378 holiday Drive

LAKE HOLIDAY, IL 60552
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
$772,255
RealtyHop Estimate
71.65%
Since Jul 1, 2007
National-US
Primary Model

About This Property

OPPURTUNITY IS KNOCKING, HERE IS YOUR CHANCE TO OWN A LAKE FRONT. THIS HOME FEATURES A BEAUTIFUL LOT VERY WELL LANDSCAPED TO THE SHORE, HIGH END BOAT LIFT WITH 2 LIFTS, COVERED, HOME HAS NEW CARPET UPSTAIRS, DECK AND SCREENED IN PORCH WITH GREAT VIEWS,+ SAUNA AND HOT TUB IN WALKOUT LOWER LEVEL, HUGE 3 CAR GARAGE, WITH WORKSHOP AREA, GOOD SOLID HOME, JUST NEEDS SOME OF YOUR PERSONAL TOUCHES TO MAKE THIS ONE A REAL GEM
Unit Size
-
Days on Market
-
Land Size
0.47 acres
Price per sqft
-
Property Type
House
Property Taxes
$558
HOA Dues
$67
Year Built
1979

Payment Calculator

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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

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • 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: 18,731
  • Total Building Area: 1,768
  • Gross Building Area: 1,768
  • Building Area: 1,768
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,768
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKE HOLIDAY ADD NO 2
  • Land Acres: 0000000430
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: LAKE HOLIDAY ADD #2, LT 378 SEC 5-36-5

Neighborhood

  • School District Name: Somonauk Community Unit School District 432
  • Census Tract: 961701

Geography

  • District: NV
  • Parcel: 05-05-405-014
  • Lot: 378
  • Meridian: SEC 05 TWN 36 RNG 05
  • Municipality: NORTHVILLE TOWNSHIP
  • Latitude: 41.618
  • Longitude: -88.6797

    Address

  • Full Address: 378 Holiday Dr
  • Address - House Number: 378
  • Address - Street Name: Holiday
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Somonauk
  • Carrier Code: R002
  • 4-Digit Zip Code: 9541
  • Zip Code: 60552

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,429,276
  • Tax Rate Code Area: NV002

    Appraisal Valuation

  • Standard Deviation: 0.405
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 18
  • Final Value: 530,435
  • High Value: 745,264
  • Low Value: 315,605

    Market Valuation

  • Market Total Value: $546,105
  • Market Land Value: $175,506
  • Market Improvement Value: $370,599

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $182,035
  • Assessed Land Value: $58,502
  • Assessed Improvements Value: $123,533

    Sales

  • Current Sale Contract Date: Apr 20, 2018
  • Current Sale Recording Date: May 02, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 201805180
  • Previous Sale Recording Date: Jan 23, 2015
  • Previous Sale Contract Date: Jan 19, 2015
  • Previous Sale Document Type: 71

    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 Lake Holiday

Stats & Trends

Median Asking:

$394,950

Sale Price/ft²

$195

Below Asking

0.01%

Average Days on Market

47

Average Home Size

1899 ft²

Average Home Age

36.5 years

Currently For Sale

18 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: Joe Frieders, Swanson Real Estate
Data Source: MRED, MLS# MRD06483223
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 378 Holiday Drive built and last sold?
The property at 378 Holiday Drive was built in 1979 and last sold on Apr 20, 2018 for $507,000.
How much is this home worth?
The estimated value of the home located at 378 Holiday Drive is $454,399.
What are some comparable homes to 378 Holiday Drive?
There are currently no comparable homes to 378 Holiday Drive.
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