$255,000
●
House -
Off Market
5304 W Shore Drive
McHenry, IL 60050
3 Beds
2 Baths
1,239 Ft²
$1,726
Est. Monthly
8.60%
Cap Rate
About This Property
Presenting a ranch home in McHenry, 5304 W Shore Dr. is just blocks
from the beach, boat launch, and parks. This 3-bedroom, 2-full-bath
property has seen numerous improvements over the past two years,
including a brand-new roof, siding, windows, and sliding back door.
Inside, enjoy a spacious primary bedroom with an updated en-suite
bath, and laminate hardwood flooring in the living areas, halls,
and bedrooms. Furnace and AC are only 3 years old as well!
The attached two-car garage boasts a newer garage door.
Outside, a huge, fenced backyard with a concrete patio offers a
quiet and serene oasis. Don't miss your chance. This sale is based
on the completion of a prior transaction.
Unit Size
1,239 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$206
Property Type
House
Property Taxes
$474
HOA Dues
-
Year Built
1976
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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: 2 years ago (MRED MLS #12200917)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 20, 2024 | Sold | ||
| Sold | |||
| Nov 7, 2024 | In contract | - | |
| In contract | |||
| Oct 31, 2024 | Listed by O'Neil Property Group, LLC | $254,900 | |
| Listed by O'Neil Property Group, LLC | |||
| Aug 12, 2021 | Sold | ||
| Sold | |||
| Jul 8, 2021 | Listed by d'aprile properties | $195,000 | |
| Listed by d'aprile properties | |||
| | |||
|
Beautiful and well-maintained ranch home in desirable McHenry area blocks from the beach, boat launch, and parks. Features include 3 bedrooms, 2 full baths with neutral paint throughout the home. Attached two car garage with brand new garage door. Newer major appliances include hot water heater, furnace/AC, and washer/dryer. Large primary bedroom with updated en-suite primary bath. Updated laminate hardwood flooring in living area, halls, and all bedrooms. Huge, fenced back yard with concrete patio. Quiet and serene backyard oasis. 1/2 mile from top-rated Parkland Middle School. Don't miss this one! It won't last long!
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Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Lakeland Park
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Listed by: Ryan Ivemeyer, O'Neil Property Group, LLC
Last Updated: 2 years ago
Data Source: MRED, MLS# 12200917
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.
Last Updated: 2 years ago
Data Source: MRED, MLS# 12200917
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