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McCullom Lake 60050 McCullom Lake Estates
5206 W Orchard Drive
$230,000
● House - Off Market

5206 W Orchard Drive

McHenry, IL 60050
bedrooms
3 Beds
bathrooms
2 Baths
square feet
980 Ft²
$231,783
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

Just the home you have been looking for...   This 3 bedroom 2 bath home is nestled on a huge corner lot in a quiet neighborhood just minutes from downtown Mchenry. The walkway from the detached garage leads to the deck situated off of the kitchen.  The house has been beautifully remodeled from top to bottom, inside and out. The kitchen features stainless steel appliances and a large island for dining. The under-the-cabinet lighting shows off the high-end counters. A sliding glass door and kitchen window offer views of the yard and flood the space with natural light. In the master suite you will find a luxurious spa-like bathroom with a stylish tile design and a walk in shower. The second full bathroom offers the same spa like finishes with a bathtub and a hook-up for a washer and dryer.
Unit Size
980 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$235
Property Type
House
Property Taxes
$195
HOA Dues
-
Year Built
1937

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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 #11758324)

Price History

Date / Event Date Event Price
May 31, 2023 Sold
Premium
Sold
Apr 13, 2023 Listed by Village Realty $230,000
Listed by Village Realty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1937
  • Effective Year Built: 1937
  • Building Count: 1
  • Bedroom Count: 0
  • 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: 23
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 728
  • Garage Type: 7
  • Garage Square Area: 360
  • Parking Space Count: 1
  • Patio Type: 94
  • Porch Type: 77
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,663
  • Total Building Area: 1,456
  • Building Area: 728
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 728
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: KNOLLWOOD ADDN TO MCCULLOM LAKE ESTATES
  • Land Acres: 0000000126
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2022R0033312 LT 16 BLK 9 KNOLLWOOD ADDN TO MCCULLOM LAKE ESTATES

Neighborhood

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

Geography

  • Parcel: 09-21-276-029
  • Block: 9
  • Lot: 16
  • Municipality: MCHENRY TWP
  • Latitude: 42.3665
  • Longitude: -88.2991

    Address

  • Full Address: 5206 W Orchard Dr
  • Address - House Number: 5206
  • Street Direction: W
  • Address - Street Name: Orchard
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Mchenry
  • Carrier Code: R004
  • 4-Digit Zip Code: 2337
  • Zip Code: 60050

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $195,804
  • Tax Rate Code Area: 09007

    Appraisal Valuation

  • Standard Deviation: 0.0972
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 91
  • Final Value: 78,298
  • High Value: 85,913
  • Low Value: 70,684

    Market Valuation

  • Market Total Value: $63,450
  • Market Land Value: $9,090
  • Market Improvement Value: $54,360

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $21,150
  • Assessed Land Value: $3,030
  • Assessed Improvements Value: $18,120

    Sales

  • Current Sale Contract Date: May 26, 2023
  • Current Sale Recording Date: Jun 08, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 13539
  • Previous Sale Recording Date: Dec 27, 1996
  • Previous Sale Contract Date: Dec 13, 1996
  • Previous Sale Amount: $74,000
  • 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 2241 Sassafras Way, Wonder Lake, IL, 60097

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,758 ft²
2241 Sassafras Way #E, Wonder Lake, IL, 60097 Listing by Susan Yon Hanson

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Dick Barr, Village Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11758324
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 5206 West Orchard Drive built and last sold?
The property at 5206 West Orchard Drive was built in 1937 and last sold on May 26, 2023 for $230,000.
How much is this home worth?
The estimated value of the home located at 5206 West Orchard Drive is $0.
What are some comparable homes to 5206 West Orchard Drive?
There are currently no comparable homes to 5206 West Orchard Drive.
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