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McHenry 60013 Silver Lakes Oakwood Hills
6717 WANDER Way
$270,000
● House - Off Market

6717 WANDER Way

Cary, IL 60013
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,834 Ft²
$297,555
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

HOME IS FRESHLY PAINTED, NEW CARPET AND WAITING FOR THE NEW OWNER TO MOVE IN AND ENJOY. INCLUDES STAINLESS APPLIANCES WITH REFRIGERATOR NEW.  WATER SOFTNER IS RENTED, YOUR CHOICE IF YOU WISH TO TAKE OVER THE LEASE OR OWNER WILL HAVE IT REMOVED. MASTER BEDROOM HAS ITS OWN FULL SIZED BATH.SECOND  FULL BATH ON MAIN FLOOR/ SPACIOUS FAMILY ROOM INCLUDES WET BAR, FULL BATH AND WALK OUT TO  REAR YARD AND  FIRE PIT. OVERSIZED 2 CAR GARAGE.  HOME IS ON LAKE KILLARNEY WATER AND ITS OWN SEPTIC.                         DRIVEWAY IS TO BE SEAL COATED WEDNESDAY 7/14/2021
Unit Size
2,834 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$92
Property Type
House
Property Taxes
$606
HOA Dues
-
Year Built
2005

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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 #11153204)

Price History

Date / Event Date Event Price
Aug 20, 2021 Sold
Premium
Sold
Jul 11, 2021 Listed by Baird & Warner $260,000
Listed by Baird & Warner

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,373
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,050
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 700
  • Total Building Area: 2,834
  • Building Area: 2,116
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,116
  • 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: 0000000185
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2021R0047396 LT 21 BLK 48 SILVER LAKES OAKWOOD HILLS UNIT 1

Neighborhood

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

Geography

  • Parcel: 19-01-407-021
  • Block: 48
  • Lot: 21
  • Municipality: ALGONQUIN TWP
  • Latitude: 42.2318
  • Longitude: -88.2459

    Address

  • Full Address: 6717 Wander Way
  • Legal Unit: 1
  • Address - House Number: 6717
  • Address - Street Name: Wander
  • Address - Suffix Type: Way
  • State: IL
  • City Name: Cary
  • Carrier Code: R008
  • 4-Digit Zip Code: 1345
  • Zip Code: 60013

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $786,444
  • Tax Rate Code Area: 19006

    Appraisal Valuation

  • Standard Deviation: 0.1662
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 369,810
  • High Value: 431,305
  • Low Value: 308,315

    Market Valuation

  • Market Total Value: $306,360
  • Market Land Value: $31,077
  • Market Improvement Value: $275,283

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $102,120
  • Assessed Land Value: $10,359
  • Assessed Improvements Value: $91,761

    Sales

  • Current Sale Contract Date: Aug 30, 2021
  • Current Sale Recording Date: Aug 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021R0047396
  • Previous Sale Recording Date: Jun 06, 2005
  • Previous Sale Contract Date: May 25, 2005
  • Previous Sale Amount: $258,500
  • Previous Sale Document Type: 27

    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:

$324,950

Sale Price/ft²

$216

Above Asking

0.00%

Average Days on Market

40

Average Home Size

1993 ft²

Average Home Age

46.3 years

Currently For Sale

6 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

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MRED

Listed by: Shirley Rochford, Baird & Warner
Last Updated: 3 years ago
Data Source: MRED, MLS# 11153204
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 6717 Wander Way built and last sold?
The property at 6717 Wander Way was built in 2005 and last sold on Aug 30, 2021 for $270,000.
How much is this home worth?
The estimated value of the home located at 6717 Wander Way is $0.
What are some comparable homes to 6717 Wander Way?
There are currently no comparable homes to 6717 Wander Way.
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