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Pistakee Highlands 60051 Pistakee Hills
814 Oeffling Drive
$235,000
● House - Off Market

814 Oeffling Drive

McHenry, IL 60051
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,920 Ft²
$1,431
Est. Monthly
10.55%
Cap Rate

About This Property

Charming Home in an excellent neighborhood! Nestled nicely in the Chain-of-Lakes area. Nicely updated kitchen with load of beautiful hardwood cabinets, Appliances include GE Stove, Kenmore refrigerator, , Bosch Dishwasher. Whole house fan keeps utility expenses lower. Large Deck overlooks sizable fenced yard. Side yard has extra parking and area for sports. Short access to downtown McHenry (13 minutes/5.8 miles) with all its charm, warmth, shopping and restaurants. Access to Route 12. Access to Route 31. Close to Pistakee Lake.  Choice Home Warranty through February 2, 2026, included. As-is and shown.  JOHNSBURG SCHOOLS!
Unit Size
1,920 Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$130
Property Type
House
Property Taxes
$203
HOA Dues
-
Year Built
1970

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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: 2 years ago (MRED MLS #12180526)

Price History

Date / Event Date Event Price
Nov 21, 2024 Sold
Premium
Sold
Oct 21, 2024 In contract -
In contract
Oct 14, 2024 Listed by Realty Management Solutions LLC $249,900
Listed by Realty Management Solutions LLC
Nov 16, 2021 No longer available -
No longer available
Oct 23, 2021 Price Decreased $183,900
↓ $1K (0.5%)
Price Decreased
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 1
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 2
  • Exterior Walls Type: 23
  • 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: 960
  • Garage Type: 7
  • Garage Square Area: 550
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,939
  • Total Building Area: 1,920
  • Building Area: 999
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 960
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PISTAKEE HILLS
  • Land Acres: 0000000324
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2013R0021194 LT 494 PISTAKEE HILLS UNIT 3 MEMO: BROTHERTON, STEVEN AKA BROTHERTON, STEVEN T

Neighborhood

  • School District Name: Johnsburg Community Unit School District 12
  • Census Tract: 870704

Geography

  • Parcel: 10-08-152-014
  • Block: 152
  • Lot: 494
  • Municipality: MCHENRY TWP
  • Latitude: 42.396
  • Longitude: -88.214

    Address

  • Full Address: 814 Oeffling Dr
  • Legal Unit: 3
  • Address - House Number: 814
  • Address - Street Name: Oeffling
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Mchenry
  • Carrier Code: R010
  • 4-Digit Zip Code: 7937
  • Zip Code: 60051

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $289,228
  • Tax Rate Code Area: 10005

    Appraisal Valuation

  • Standard Deviation: 0.0972
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 91
  • Final Value: 182,763
  • High Value: 200,537
  • Low Value: 164,988

    Market Valuation

  • Market Total Value: $164,625
  • Market Land Value: $43,884
  • Market Improvement Value: $120,741

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $54,875
  • Assessed Land Value: $14,628
  • Assessed Improvements Value: $40,247

    Exemptions

  • Disabled Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 29, 1997
  • Current Sale Recording Date: Dec 30, 1997
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 97R-064750
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 Pistakee Hills

Stats & Trends

Median Asking:

$314,000

Sale Price/ft²

$226

Below Asking

0.01%

Average Days on Market

49

Average Home Size

1114 ft²

Average Home Age

66.5 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 163 Eagle Point Road, Fox Lake, IL, 60020

$2,650 /mo

  • 4 Beds
  • 1 Bath
  • 1,850 ft²
163 Eagle Point Road #2, Fox Lake, IL, 60020 Listing by Chris Peters

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Frank Capasso, Realty Management Solutions LLC
Last Updated: 2 years ago
Data Source: MRED, MLS# 12180526
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 814 Oeffling Drive built and last sold?
The property at 814 Oeffling Drive was built in 1970 and last sold on Dec 29, 1997 for $121,000.
How much is this home worth?
The estimated value of the home located at 814 Oeffling Drive is $269,818.
What are some comparable homes to 814 Oeffling Drive?
There are currently no comparable homes to 814 Oeffling Drive.
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