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McCullom Lake 60050 McCullom Lake Estates
5306 W Orchard Drive
$214,900
● House - Off Market

5306 W Orchard Drive

McHenry, IL 60050
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,356 Ft²
$221,451
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

Nice 3 bedroom, 2 bath Raised Ranch home located in McCullum Lake~ Kitchen includes island~ Oak cabinets~ Backsplash~ Eating area with access to the deck and back yard~ Living room~ Vaulted ceilings~ Open floor plan~ English basement with laundry room~ Large fenced back yard~ One car garage~ Ample driveway parking~ Deck~ Great Location!
Unit Size
1,356 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$158
Property Type
House
Property Taxes
$415
HOA Dues
-
Year Built
2008

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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 #11698903)

Price History

Date / Event Date Event Price
Mar 17, 2023 Sold
Premium
Sold
Jan 10, 2023 Listed by Brokerocity Inc $214,900
Listed by Brokerocity Inc
Nov 18, 2018 No longer available -
No longer available
Aug 29, 2018 Listed $144,900
Listed
Over 1,300 sq ft in this well maintained home. 3 bedrooms and 2 full baths. Living room and kitchen feature soaring vaulted ceilings. What a great open floor plan. Neutral decor. Large fenced back yard! Bright and open kitchen features island, oak cabinets, ceramic tile flooring, eating area and sliders to deck and yard. First floor also features two good sized bedrooms and full bath. Lower level bedroom has sitting area which can also be used as walk-in closet and a full bath. Close to beach and park. The manager has listed the unit size as 1356 square feet.

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • 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
  • 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: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,276
  • 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: KNOLLWOOD ADDN TO MCCULLOM LAKE ESTATES
  • Land Acres: 0000000186
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2018R0040393 LT 27 & E1/2 LT 28 BLK 9 KNOLLWOOD ADDN TO MCCULLOM LAKE ESTATES MEMO: RAMIREZ, HECTOR HERNANDEZ/ YGNACIA, VIVIANA HERNANDEZ

Neighborhood

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

Geography

  • Parcel: 09-21-276-031
  • Block: 9
  • Lot: 27,28
  • Municipality: MCHENRY TWP
  • Latitude: 42.3666
  • Longitude: -88.3008

    Address

  • Full Address: 5306 W Orchard Dr
  • Address - House Number: 5306
  • Street Direction: W
  • Address - Street Name: Orchard
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Mchenry
  • Carrier Code: R004
  • 4-Digit Zip Code: 2339
  • Zip Code: 60050

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $497,918
  • Tax Rate Code Area: 09007

    Appraisal Valuation

  • Standard Deviation: 0.1769
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 77
  • Final Value: 224,645
  • High Value: 264,405
  • Low Value: 184,885

    Market Valuation

  • Market Total Value: $168,675
  • Market Land Value: $13,446
  • Market Improvement Value: $155,229

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $56,225
  • Assessed Land Value: $4,482
  • Assessed Improvements Value: $51,743

    Sales

  • Current Sale Contract Date: Mar 17, 2023
  • Current Sale Recording Date: Mar 20, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 5969
  • Previous Sale Recording Date: Nov 29, 2018
  • Previous Sale Contract Date: Nov 15, 2018
  • Previous Sale Amount: $145,000
  • 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: Marilyn Alvarado, Brokerocity Inc
Last Updated: 3 years ago
Data Source: MRED, MLS# 11698903
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 5306 West Orchard Drive built and last sold?
The property at 5306 West Orchard Drive was built in 2008 and last sold on Mar 17, 2023 for $215,000.
How much is this home worth?
The estimated value of the home located at 5306 West Orchard Drive is $225,718.
What are some comparable homes to 5306 West Orchard Drive?
There are currently no comparable homes to 5306 West Orchard Drive.
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