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McCullom Lake 60050 McCullom Lake Estates
4707 MCCULLOM LAKE Road
Photo of 4707 MCCULLOM LAKE Road
Sold on Jun 9, 2011

1

Map

$58,000
● House - Off Market

4707 MCCULLOM LAKE Road

MCHENRY, IL 60050
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,083 Ft²
$128,773
RealtyHop Estimate
118.26%
Since Jul 1, 2011
National-US
Primary Model

About This Property

GREAT STARTER OR INVESTOR PROPERTY. FURNACE & WELL TANK INSTALLED 1/11/05. CITY SEWER.  WELL HEAD WAS BROKEN BY SNOW PLOW.  INSURANCE CLAIM FILED.  PULL DWN STAIRS TO ATTIC FOR STORAGE .HARDWOOD FLOORS IN LIVING ROOM & 2 BEDROOMS.   GREAT LOCATION CLOSE TO SHOPPING, PARKS AND LAKE.  , FENCED.BACK YARD. 1 CAR GARAGE.   HOUSE NEEDS CLEANING. SHORT SALE PREVIOUSLY APPROVED /  QUICK CLOSE!
Unit Size
1,083 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$54
Property Type
House
Property Taxes
$234
HOA Dues
-
Year Built
1935

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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

Garage

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 2
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 225
  • Garage Type: 7
  • Garage Square Area: 308
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,534
  • Total Building Area: 1,263
  • Building Area: 1,038
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 6
  • Heating: 4
  • Heated Square Feet: 1,038
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MCCULLOM LAKE ESTATES
  • Land Acres: 0000000157
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2011R0024629 LT 3 BLK 6 MCCULLOM LAKE ESTATES

Neighborhood

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

Geography

  • Parcel: 09-22-176-003
  • Block: 6
  • Lot: 3
  • Municipality: MCHENRY TWP
  • Latitude: 42.3677
  • Longitude: -88.2892

    Address

  • Full Address: 4707 Mccullom Lake Rd
  • Address - House Number: 4707
  • Address - Street Name: Mccullom Lake
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Mchenry
  • Carrier Code: R020
  • 4-Digit Zip Code: 1506
  • Zip Code: 60050

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $379,388
  • Tax Rate Code Area: 09007

    Appraisal Valuation

  • Standard Deviation: 0.1815
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 76
  • Final Value: 183,410
  • High Value: 216,717
  • Low Value: 150,103

    Market Valuation

  • Market Total Value: $122,940
  • Market Land Value: $11,142
  • Market Improvement Value: $111,798

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $40,980
  • Assessed Land Value: $3,714
  • Assessed Improvements Value: $37,266

    Sales

  • Current Sale Contract Date: Jun 07, 2011
  • Current Sale Recording Date: Jun 15, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2011R0024629
  • Previous Sale Recording Date: Mar 23, 2005
  • Previous Sale Contract Date: Mar 17, 2005
  • Previous Sale Amount: $142,000
  • 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:

$224,500

Sale Price/ft²

$190

Below Asking

0.02%

Average Days on Market

57

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 1716 Parklane Avenue, McHenry, IL, 60050

$2,750 /mo

  • 3 Beds
  • 1 Bath
  • 1,345 ft²
1716 Parklane Avenue, McHenry, IL, 60050 Listing by Michael Ibarra

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Victoria Watzlawick, Victoria Watzlawick
Data Source: MRED, MLS# MRD07596665
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 4707 Mccullom Lake Road built and last sold?
The property at 4707 Mccullom Lake Road was built in 1935 and last sold on Jun 7, 2011 for $58,000.
How much is this home worth?
The estimated value of the home located at 4707 Mccullom Lake Road is $72,201.
What are some comparable homes to 4707 Mccullom Lake Road?
There are currently no comparable homes to 4707 Mccullom Lake Road.
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