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McHenry 60071
3908 John Street
$239,000
● House - Off Market

3908 John Street

Richmond, IL 60071
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,432 Ft²
$245,540
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

Now is your chance to own this special home!  Previous buyers switched job just before closing and could no longer qualify for their loan.  Appraisal and inspection were good! Live among tall trees in the country yet minutes to shopping and schools.  This cute farmhouse has a large, updated country kitchen, a first floor master, 3 total bedrooms, 1.1 baths, updated windows, new maintenance free gutters with gutter guards, and more!  Updated electrical and plumbing. There's also a detached garage, a large shed with a ramp, perfect for mowers and landscaping equipment and a sweet play house/potting shed!  The cellar type basement can be accessed from the home's interior or via an exterior steel door enclosure.   Highly rated Richmond schools!
Unit Size
1,432 Ft²
Days on Market
-
Land Size
0.62 acres
Price per sqft
$168
Property Type
House
Property Taxes
$344
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 #11346886)

Price History

Date / Event Date Event Price
Jul 5, 2022 Sold
Premium
Sold
Mar 18, 2022 Listed by Baird & Warner $240,000
Listed by Baird & Warner

Property Highlights

Parking Available

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
  • Living Units: 1
  • 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: 26,561
  • 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: R
  • Subdivision: ORIG PLAT VILL OF SOLON MILLS
  • Land Acres: 0000000610
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2022R0024746 LTS 29 & 30 & /EX N 70 FT/ LTS 37 & 38 & /EX WLY 16 1/2FT NLY 70FT/ LT 39 & WLY 16 1/2FT LTS 28 & 39 ORIG PLAT VILL OF SOLON MILLS MEMO: MITCHELL, BRITTA RUTH/STUART ALLEN

Neighborhood

  • School District Name: Richmond-Burton Community High School District 157
  • Census Tract: 870104

Geography

  • Parcel: 04-26-107-002
  • Block: 107
  • Lot: 29,30
  • Municipality: RICHMOND TWP
  • Latitude: 42.4423
  • Longitude: -88.2738

    Address

  • Full Address: 3908 John St
  • Address - House Number: 3908
  • Address - Street Name: John
  • Address - Suffix Type: St
  • State: IL
  • City Name: Richmond
  • Carrier Code: R003
  • 4-Digit Zip Code: 8010
  • Zip Code: 60071

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $431,296
  • Tax Rate Code Area: 04002

    Appraisal Valuation

  • Standard Deviation: 0.1739
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 77
  • Final Value: 233,811
  • High Value: 274,478
  • Low Value: 193,144

    Market Valuation

  • Market Total Value: $154,290
  • Market Land Value: $18,294
  • Market Improvement Value: $135,996

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $51,430
  • Assessed Land Value: $6,098
  • Assessed Improvements Value: $45,332

    Sales

  • Current Sale Contract Date: May 06, 2022
  • Current Sale Recording Date: Jul 12, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 24746
  • Previous Sale Recording Date: Sep 16, 1994
  • Previous Sale Contract Date: Sep 16, 1994
  • Previous Sale Amount: $105,000
  • Previous Sale Document Type: 51
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:

$375,000

Sale Price/ft²

$199

Below Asking

0.01%

Average Days on Market

43

Average Home Size

2445 ft²

Average Home Age

34.6 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: Sue Perdue, Baird & Warner
Last Updated: 3 years ago
Data Source: MRED, MLS# 11346886
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 3908 John Street built and last sold?
The property at 3908 John Street was built in and last sold on May 6, 2022 for $239,000.
How much is this home worth?
The estimated value of the home located at 3908 John Street is $0.
What are some comparable homes to 3908 John Street?
There are currently no comparable homes to 3908 John Street.
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