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Round Lake Heights 60073 Round Lake Beach-Indian Hill
616 Mohawk Drive
$155,000
● House - Off Market

616 Mohawk Drive

Round Lake Heights, IL 60073
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,388 Ft²
$161,102
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

Large cape cod style home with a huge family room addition in back which includes a wood burning fireplace. Located a short distance to park, schools, forest preserve, and near restaurants, entertainment, shopping. Three bedrooms, 1 on main level and 2 on 2nd level. Fenced in backyard that backs up to a pond.  Property being sold as-is.
Unit Size
1,388 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$112
Property Type
House
Property Taxes
$177
HOA Dues
-
Year Built
1947

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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 #11445854)

Price History

Date / Event Date Event Price
Sep 27, 2022 Sold
Premium
Sold
Jul 2, 2022 Listed by CENTURY 21 Roberts & Andrews $154,900
Listed by CENTURY 21 Roberts & Andrews

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: 69
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,211
  • Total Building Area: 1,637
  • Gross Building Area: 1,637
  • Building Area: 1,637
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,637
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROUND LAKE BEACH INDIAN HILL ADDN.
  • Land Acres: 0000000189
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: ROUND LAKE BEACH INDIAN HILL ADDN. LOT 5 BLOCK 257

Neighborhood

  • School District Name: Round Lake Community Unit School District 116
  • Census Tract: 861301

Geography

  • Assessors Map Reference: 2474-D5
  • District: AVON
  • Parcel: 06-17-102-005
  • Block: 257
  • Lot: 5
  • Municipality: TWP OF AVON
  • Latitude: 42.3862
  • Longitude: -88.0981

    Address

  • Full Address: 616 Mohawk Dr
  • Address - House Number: 616
  • Address - Street Name: Mohawk
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Round Lake Heights
  • Carrier Code: C007
  • 4-Digit Zip Code: 1126
  • Zip Code: 60073

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $448,554
  • Tax Rate Code Area: 7134

    Appraisal Valuation

  • Standard Deviation: 0.1781
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 76
  • Final Value: 194,769
  • High Value: 229,459
  • Low Value: 160,079

    Market Valuation

  • Market Total Value: $156,943
  • Market Land Value: $26,979
  • Market Improvement Value: $129,964

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $52,309
  • Assessed Land Value: $8,992
  • Assessed Improvements Value: $43,317

    Sales

  • Current Sale Contract Date: Sep 16, 2022
  • Current Sale Recording Date: Nov 04, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7942707
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 Round Lake Beach-Indian Hill

Stats & Trends

Median Asking:

$235,000

Sale Price/ft²

$197

Below Asking

0.02%

Average Days on Market

38

Average Home Size

1567 ft²

Average Home Age

69 years

Currently For Sale

2 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 34734 N Long Avenue, Ingleside, IL, 60041

$2,500 /mo

  • 4 Beds
  • 2 Baths
  • 2,388 ft²
34734 N Long Avenue, Ingleside, IL, 60041 Listing by Jacqueline Koukol
Unit for rent at 24 E Honeysuckle Drive, Round Lake Beach, IL, 60073

$2,600 /mo

  • 3 Beds
  • 2 Baths
  • 2,119 ft²
24 E Honeysuckle Drive, Round Lake Beach, IL, 60073 Listing by Erika Ricardo

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Roberto Sanchez, CENTURY 21 Roberts & Andrews
Last Updated: 3 years ago
Data Source: MRED, MLS# 11445854
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 616 Mohawk Drive built and last sold?
The property at 616 Mohawk Drive was built in 1947 and last sold on Sep 16, 2022 for $155,000.
How much is this home worth?
The estimated value of the home located at 616 Mohawk Drive is $163,532.
What are some comparable homes to 616 Mohawk Drive?
There are currently no comparable homes to 616 Mohawk Drive.
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