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McHenry 60013 Silver Lakes Oakwood Hills
6511 Wander Way
$157,000
● House - Off Market

6511 Wander Way

Cary, IL 60013
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,040 Ft²
$179,960
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

Move in ready home with 3 nice size bedrooms in Cary!  Brand new LVT flooring and carpet in bedrooms. Freshly painted throughout.  Nice country kitchen with dining space and laundry room.  Nice size shed in backyard.  Great location.  Close to shopping, schools and transportation.   Lake rights grandfathered in.
Unit Size
1,040 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$154
Property Type
House
Property Taxes
$300
HOA Dues
-
Year Built
1959

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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 #11215048)

Price History

Date / Event Date Event Price
Oct 25, 2021 Sold
Premium
Sold
Sep 10, 2021 Listed by Berkshire Hathaway HomeServices Starck Real Estate $159,900
Listed by Berkshire Hathaway HomeServices Starck Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 11
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,590
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 660
  • Total Building Area: 1,040
  • Building Area: 1,040
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,040
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SILVER LAKES OAKWOOD HILLS UNIT 1
  • Land Acres: 0000000174
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2021R0059155 LT 14 BLK 41 SILVER LAKES OAKWOOD HILLS UNIT 1 MEMO: SCHREIBER, KYMBER/GLAB, MEIER W

Neighborhood

  • School District Name: Cary Community Consolidated School District 26
  • Census Tract: 871305

Geography

  • Parcel: 19-01-258-010
  • Block: 41
  • Lot: 14
  • Municipality: ALGONQUIN TWP
  • Latitude: 42.2346
  • Longitude: -88.2458

    Address

  • Full Address: 6511 Wander Way
  • Legal Unit: 1
  • Address - House Number: 6511
  • Address - Street Name: Wander
  • Address - Suffix Type: Way
  • State: IL
  • City Name: Cary
  • Carrier Code: R008
  • 4-Digit Zip Code: 1341
  • Zip Code: 60013

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $337,856
  • Tax Rate Code Area: 19006

    Appraisal Valuation

  • Standard Deviation: 0.1769
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 77
  • Final Value: 208,745
  • High Value: 245,672
  • Low Value: 171,817

    Market Valuation

  • Market Total Value: $141,879
  • Market Land Value: $31,077
  • Market Improvement Value: $110,802

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $47,293
  • Assessed Land Value: $10,359
  • Assessed Improvements Value: $36,934

    Sales

  • Current Sale Contract Date: Nov 01, 2021
  • Current Sale Recording Date: Nov 01, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021R0059155
  • Previous Sale Recording Date: Aug 22, 2013
  • Previous Sale Contract Date: Aug 14, 2013
  • Previous Sale Amount: $49,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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 Silver Lakes Oakwood Hills

Stats & Trends

Median Asking:

$325,000

Sale Price/ft²

$216

Above Asking

0.00%

Average Days on Market

39

Average Home Size

1953 ft²

Average Home Age

49 years

Currently For Sale

7 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 1169 Amber Drive, Cary, IL, 60013

$2,600 /mo

  • 2 Beds
  • 2 Baths
  • 1,359 ft²
1169 Amber Drive, Cary, IL, 60013 Listing by Jenni Matts

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Dawn Folliard, Berkshire Hathaway HomeServices Starck Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11215048
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 6511 Wander Way built and last sold?
The property at 6511 Wander Way was built in 1959 and last sold on Nov 1, 2021 for $157,000.
How much is this home worth?
The estimated value of the home located at 6511 Wander Way is $0.
What are some comparable homes to 6511 Wander Way?
There are currently no comparable homes to 6511 Wander Way.
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