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McCullom Lake 60050 McCullom Lake Estates
5207 W Orchard Drive
$146,000
● House - Off Market

5207 W Orchard Drive

McHenry, IL 60050
bedrooms
3 Beds
bathrooms
1 Bath
square feet
782 Ft²
$1,037
Est. Monthly
18.75%
Cap Rate

About This Property

Welcome to this sweet single-story residence, designed for easy living and move-in readiness. The inviting deck off the kitchen provides a perfect spot to relax and take in the view of your own secluded yard. Freshly painted from top to bottom, this home is full of potential and ready for you to make it your own.
Unit Size
782 Ft²
Days on Market
-
Land Size
-
Price per sqft
$204
Property Type
House
Property Taxes
$251
HOA Dues
-
Year Built
1937

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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 #12085040)

Price History

Date / Event Date Event Price
Oct 15, 2024 Sold
Premium
Sold
Sep 6, 2024 In contract -
In contract
Aug 25, 2024 In contract -
In contract
Aug 20, 2024 Listed by Coldwell Banker Real Estate Group $159,900
Listed by Coldwell Banker Real Estate Group

Property Highlights

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: 756
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,227
  • Total Building Area: 1,512
  • Building Area: 756
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 756
  • 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: 0000000124
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2003R0142122 LT 15 BLK 8 KNOLLWOOD ADDN TO MCCULLOM LAKE ESTATES

Neighborhood

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

Geography

  • Parcel: 09-21-278-015
  • Block: 8
  • Lot: 15
  • Municipality: MCHENRY TWP
  • Latitude: 42.3661
  • Longitude: -88.2991

    Address

  • Full Address: 5207 W Orchard Dr
  • Address - House Number: 5207
  • Street Direction: W
  • Address - Street Name: Orchard
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Mchenry
  • Carrier Code: R004
  • 4-Digit Zip Code: 2336
  • Zip Code: 60050

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $255,110
  • Tax Rate Code Area: 09007

    Appraisal Valuation

  • Standard Deviation: 0.1763
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 77
  • Final Value: 126,779
  • High Value: 149,132
  • Low Value: 104,426

    Market Valuation

  • Market Total Value: $82,668
  • Market Land Value: $8,898
  • Market Improvement Value: $73,770

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $27,556
  • Assessed Land Value: $2,966
  • Assessed Improvements Value: $24,590

    Sales

  • Current Sale Contract Date: Jun 25, 2001
  • Current Sale Recording Date: Aug 27, 2001
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2001R0062441
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:

$229,500

Sale Price/ft²

$190

Below Asking

0.03%

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 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
Unit for rent at 2018 Winterberry Trail, Wonder Lake, IL, 60097

$2,900 /mo

  • 3 Beds
  • 2 Baths
  • 2,155 ft²
2018 Winterberry Trail, Wonder Lake, IL, 60097 Listing by Maria Ruiz

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Debby Krol-Sullivan, Coldwell Banker Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 12085040
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 5207 West Orchard Drive built and last sold?
The property at 5207 West Orchard Drive was built in 1937 and last sold on Jun 25, 2001 for $67,300.
How much is this home worth?
The estimated value of the home located at 5207 West Orchard Drive is $164,682.
What are some comparable homes to 5207 West Orchard Drive?
There are currently no comparable homes to 5207 West Orchard Drive.
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