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McHenry 60142
6217 Lakeview Drive
$360,000
● House - Off Market

6217 Lakeview Drive

Huntley, IL 60142
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,963 Ft²
$2,412
Est. Monthly
6.17%
Cap Rate

About This Property

CUSTOM RANCH HOME ON LEVEL 1.12 ACRES | ~2,000 SQFT | 3-BEDROOMS | 2.1-BATHROOMS | PARTIAL BASEMENT | NEWER ROOF (2019) | DUAL ZONE HVAC SYSTEM (ONE NEWER SYSTEM (2019) | OVERSIZED 2-CAR GARAGE | MATURE TREES | DOG RUN | HOME HAS GREAT BONES, NEEDS UPDATING
Unit Size
1,963 Ft²
Days on Market
-
Land Size
1.12 acres
Price per sqft
$191
Property Type
House
Property Taxes
$570
HOA Dues
-
Year Built
1978

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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 #12144481)

Price History

Date / Event Date Event Price
Sep 20, 2024 Sold
Premium
Sold
Sep 1, 2024 In contract -
In contract
Aug 25, 2024 Listed by CENTURY 21 New Heritage $375,000
Listed by CENTURY 21 New Heritage

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 636
  • Garage Type: 7
  • Garage Square Area: 564
  • Parking Space Count: 2
  • Patio Type: 55
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 48,787
  • Total Building Area: 2,599
  • Building Area: 1,963
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 2,599
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROBERT BARTLETTS SUB OF COLLEENS COTE
  • Land Acres: 0000001120
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 1994R0055930 LT 77 ROBERT BARTLETTS SUB OF COLLEENS COTE MEMO: MULLER, CHARLES F JR/ KATHLEEN E MEMO: MULLER, KATHLEEN E DECD PER DECEASED JNT TENANCY AFFIDAVIT RECORDED AS DOC 2005R0061620

Neighborhood

  • School District Name: Huntley Consolidated School District 158
  • Census Tract: 871502

Geography

  • Parcel: 18-05-202-006
  • Block: 202
  • Lot: 77
  • Municipality: GRAFTON TWP
  • Latitude: 42.2377
  • Longitude: -88.4417

    Address

  • Full Address: 6217 Lakeview Dr
  • Address - House Number: 6217
  • Address - Street Name: Lakeview
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Huntley
  • Carrier Code: R015
  • 4-Digit Zip Code: 9316
  • Zip Code: 60142

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $381,758
  • Tax Rate Code Area: 18012

    Appraisal Valuation

  • Standard Deviation: 0.1239
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 86
  • Final Value: 416,059
  • High Value: 467,637
  • Low Value: 364,481

    Market Valuation

  • Market Total Value: $306,036
  • Market Land Value: $27,435
  • Market Improvement Value: $278,601

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $102,012
  • Assessed Land Value: $9,145
  • Assessed Improvements Value: $92,867

    Exemptions

  • Disabled Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 23, 1994
  • Current Sale Recording Date: Sep 27, 1994
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 41
  • Current Sale Input Document Number: 94R-055930

    Financing

  • First Mortgage Financing Type: VAR
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 McHenry

Stats & Trends

Median Asking:

$379,000

Sale Price/ft²

$199

Below Asking

0.01%

Average Days on Market

44

Average Home Size

2491 ft²

Average Home Age

37 years

Currently For Sale

676 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

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Robert Panek, CENTURY 21 New Heritage
Last Updated: 3 years ago
Data Source: MRED, MLS# 12144481
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 6217 Lakeview Drive built and last sold?
The property at 6217 Lakeview Drive was built in 1978 and last sold on Sep 23, 1994 for $195,000.
How much is this home worth?
The estimated value of the home located at 6217 Lakeview Drive is $380,652.
What are some comparable homes to 6217 Lakeview Drive?
There are currently no comparable homes to 6217 Lakeview Drive.
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