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McHenry 60081 Colemar
7608 Beverly Way
$221,000
● House - Off Market

7608 Beverly Way

Spring Grove, IL 60081
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,105 Ft²
$237,185
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model

About This Property

Adorable Ranch with lots of updates. This home is ready for you! Open floor plan. New paint and Carpet. 2Car Detached Garage. Beautifully Landscaped Yard. Feel like you are on vacation in your own backyard. Unfished basement has so much potential to make it your own
Unit Size
1,105 Ft²
Days on Market
-
Land Size
-
Price per sqft
$205
Property Type
House
Property Taxes
$274
HOA Dues
-
Year Built
1928

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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 #11687358)

Price History

Date / Event Date Event Price
Feb 3, 2023 Sold
Premium
Sold
Dec 13, 2022 Listed by Results Realty USA $227,000
Listed by Results Realty USA

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1928
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 4
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 981
  • Garage Type: 7
  • Garage Square Area: 621
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,114
  • Total Building Area: 1,105
  • Building Area: 1,105
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,105
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COLEMAR 1ST ADDN
  • Land Acres: 0000000940
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2009R0043279 W1/2 LT 39 & ALL LT 40 COLEMAR 1ST ADDN

Neighborhood

  • School District Name: Richmond-Burton Community High School District 157
  • Census Tract: 870105

Geography

  • Parcel: 05-30-281-003
  • Block: 281
  • Lot: 39,40
  • Municipality: BURTON TWP
  • Latitude: 42.4377
  • Longitude: -88.2236

    Address

  • Full Address: 7608 Beverly Way
  • Address - House Number: 7608
  • Address - Street Name: Beverly
  • Address - Suffix Type: Way
  • State: IL
  • City Name: Spring Grove
  • Carrier Code: R005
  • 4-Digit Zip Code: 9355
  • Zip Code: 60081

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $330,444
  • Tax Rate Code Area: 05001

    Appraisal Valuation

  • Standard Deviation: 0.1239
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 86
  • Final Value: 207,530
  • High Value: 233,258
  • Low Value: 181,803

    Market Valuation

  • Market Total Value: $139,464
  • Market Land Value: $12,975
  • Market Improvement Value: $126,489

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $46,488
  • Assessed Land Value: $4,325
  • Assessed Improvements Value: $42,163

    Sales

  • Current Sale Contract Date: Feb 02, 2023
  • Current Sale Recording Date: Feb 17, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 3624
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 Colemar

Stats & Trends

Median Asking:

$0

Sale Price/ft²

$0

Above Asking

0.00%

Average Days on Market

0

Average Home Size

0 ft²

Average Home Age

2026 years

Currently For Sale

0 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 57 Vail Colony Street, Fox Lake, IL, 60020

$1,400 /mo

  • 1 Bed
  • 1 Bath
  • 504 ft²
57 Vail Colony Street #7, Fox Lake, IL, 60020 Listing by Sebastian Ksiazek

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Lisa Powers, Results Realty USA
Last Updated: 3 years ago
Data Source: MRED, MLS# 11687358
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 7608 Beverly Way built and last sold?
The property at 7608 Beverly Way was built in 1928 and last sold on Feb 2, 2023 for $221,000.
How much is this home worth?
The estimated value of the home located at 7608 Beverly Way is $0.
What are some comparable homes to 7608 Beverly Way?
There are currently no comparable homes to 7608 Beverly Way.
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