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Lake Holiday 60552
389 Holiday Drive
$480,000
● House - Off Market

389 Holiday Drive

Lake Holiday, IL 60552
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,500 Ft²
$3,248
Est. Monthly
$76
HOA / Fees
4.14%
Cap Rate

About This Property

Fabulous home for a full time residence or a great weekend getaway! The absolute best views of the lake! Watch the sunrise or reflect off of the lake for the sunsets. The first floor provides an open floor plan with large dining area opening to a spacious living space. Plenty of windows to take in the incredible views with doors leading to the deck. Included in this level is a bedroom and a full bath. Functional kitchen with dining area. Open stairway takes you to the lower level which has two additional bedrooms, bath and family room. The family room is great for all seasons from its brick fireplace to doors leading to gorgeous yard. The yard gently rolls down to the large deck providing plenty of space for lounging and enjoying the beautiful views. Come find the incredible lake lifestyle here for your enjoyment.
Unit Size
1,500 Ft²
Days on Market
-
Land Size
-
Price per sqft
$341
Property Type
House
Property Taxes
$658
HOA Dues
$76
Year Built
1987

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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 #11913096)

Price History

Date / Event Date Event Price
May 3, 2024 Sold
Premium
Sold
Oct 24, 2023 Listed by Baird & Warner $512,000
Listed by Baird & Warner

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • 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: 17,860
  • Total Building Area: 960
  • Gross Building Area: 960
  • Building Area: 960
  • Building Area Measurement: T

    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: R
  • Subdivision: LAKE HOLIDAY ADD NO 2
  • Land Acres: 0000000410
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: LAKE HOLIDAY ADD #2, LT 389 SEC 4-36-5

Neighborhood

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

Geography

  • District: NV
  • Parcel: 05-04-309-009
  • Lot: 389
  • Meridian: SEC 04 TWN 36 RNG 05
  • Municipality: NORTHVILLE TOWNSHIP
  • Latitude: 41.6177
  • Longitude: -88.6773

    Address

  • Full Address: 389 Holiday Dr
  • Address - House Number: 389
  • Address - Street Name: Holiday
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Somonauk
  • Carrier Code: R002
  • 4-Digit Zip Code: 9632
  • Zip Code: 60552

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $789,568
  • Tax Rate Code Area: NV002

    Appraisal Valuation

  • Standard Deviation: 0.405
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 18
  • Final Value: 385,209
  • High Value: 541,220
  • Low Value: 229,197

    Market Valuation

  • Market Total Value: $324,738
  • Market Land Value: $175,506
  • Market Improvement Value: $149,232

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $108,246
  • Assessed Land Value: $58,502
  • Assessed Improvements Value: $49,744
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:

$389,900

Sale Price/ft²

$199

Below Asking

0.01%

Average Days on Market

48

Average Home Size

1960 ft²

Average Home Age

38.3 years

Currently For Sale

12 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: Jane Winninger, Baird & Warner
Last Updated: 3 years ago
Data Source: MRED, MLS# 11913096
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 389 Holiday Drive built and last sold?
The property at 389 Holiday Drive was built in 1987 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 389 Holiday Drive is $509,598.
What are some comparable homes to 389 Holiday Drive?
There are currently no comparable homes to 389 Holiday Drive.
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