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McCullom Lake 60050 McCullom Lake Estates
4620 Parkview Drive
$190,000
● House - Off Market

4620 Parkview Drive

Mccullom Lake, IL 60050
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,600 Ft²
$214,282
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model
Unit Size
1,600 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$122
Property Type
House
Property Taxes
$260
HOA Dues
-
Year Built
2002

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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.

Last updated: 3 years ago (MRED MLS #11219632)

Price History

Date / Event Date Event Price
May 31, 2023 Sold
Premium
Sold
Dec 15, 2022 Listed by RE/MAX Horizon $229,000
Listed by RE/MAX Horizon
LOVELY 2 STORY HOME **FAMILY ROOM OPEN TO DINING WITH VAULTED CEILINGS ** SPACIOUS MASTER BEDROOM ** FINISHED BASEMENT ** PATIO ** RECENT UPDATES INCLUDE NEWELY PAINTED INTERIOR**3 NEW CEILING FANS ** REMODELED UPPER LEVEL BATHROOM**NEW BATHTUB & NEW TOILET ** CONVENIENT LOCATION NEAR PARKS, RESTAURANTS, SHOPPING AND MAJOR ROADS **
Dec 10, 2021 Sold
Premium
Sold
Sep 15, 2021 Listed by iRealty Flat Fee Brokerage $194,500
Listed by iRealty Flat Fee Brokerage
Jul 30, 2021 No longer available -
No longer available
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 336
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 106
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,098
  • Total Building Area: 1,312
  • Building Area: 976
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 576
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MCCULLOM LAKE ESTATES
  • Land Acres: 0000000143
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2021R0066986 LT 14 BLK 6 MCCULLOM LAKE ESTATES

Neighborhood

  • School District Name: McHenry Community High School District 156
  • Census Tract: 870603

Geography

  • Parcel: 09-22-176-020
  • Block: 6
  • Lot: 14
  • Municipality: MCHENRY TWP
  • Latitude: 42.3669
  • Longitude: -88.2885

    Address

  • Full Address: 4620 Parkview Dr
  • Address - House Number: 4620
  • Address - Street Name: Parkview
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Mccullom Lake
  • Carrier Code: R004
  • 4-Digit Zip Code: 2457
  • Zip Code: 60050

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $511,840
  • Tax Rate Code Area: 09007

    Appraisal Valuation

  • Standard Deviation: 0.0972
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 91
  • Final Value: 214,855
  • High Value: 235,751
  • Low Value: 193,960

    Market Valuation

  • Market Total Value: $165,861
  • Market Land Value: $10,377
  • Market Improvement Value: $155,484

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $55,287
  • Assessed Land Value: $3,459
  • Assessed Improvements Value: $51,828

    Sales

  • Current Sale Contract Date: May 31, 2023
  • Current Sale Recording Date: Jun 01, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 12790
  • Previous Sale Recording Date: Dec 16, 2021
  • Previous Sale Contract Date: Dec 03, 2021
  • Previous Sale Amount: $190,000
  • Previous Sale Document Type: 71
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 McCullom Lake Estates

Stats & Trends

Median Asking:

$219,500

Sale Price/ft²

$191

Below Asking

0.02%

Average Days on Market

64

Average Home Size

824 ft²

Average Home Age

89 years

Currently For Sale

1 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 1404 Draper Road, McHenry, IL, 60050

$2,550 /mo

  • 3 Beds
  • 2 Baths
  • 1,818 ft²
1404 Draper Road #242, McHenry, IL, 60050 Listing by Jacqueline Wendt

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Vanessa Carlson, iRealty Flat Fee Brokerage
Last Updated: 3 years ago
Data Source: MRED, MLS# 11219632
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 4620 Parkview Drive built and last sold?
The property at 4620 Parkview Drive was built in 2002 and last sold on May 31, 2023 for $230,000.
How much is this home worth?
The estimated value of the home located at 4620 Parkview Drive is $242,759.
What are some comparable homes to 4620 Parkview Drive?
There are currently no comparable homes to 4620 Parkview Drive.
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