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McHenry 60013 Allen's Grand View
8406 Wium Drive
$230,000
● House - Off Market

8406 Wium Drive

CARY, IL 60013
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,800 Ft²
$442,228
RealtyHop Estimate
85.03%
Since Mar 1, 2008
National-US
Primary Model

About This Property

NEW CONSTRUCTION W/ RIVER RIGHTS THRU THE HOMEOWNER ASSN. HARDWOOD FLOORING, VAULTED CEILINGS, 2 FULL BATHS, LL FAMILY RM. SEP. LAUNDRY RM & SEPARATE UTILITY RM. LOTS OF STORAGE. 2+ CAR ATTACH GARAGE. HUGE 2 TIER DECK OVERLOOKS TRANQUIL SETTING. BASEMNT W/ WALKOUT TO LARGE YARD. $50 ANNUAL ASSOC FEE COVERS BOAT RIGHTS, SNOW PLOWING & UPKEEP OF PICNIC AREA. *(2%) CREDIT $4,780 BACK 2 BUYER ON FULL PRICE OFFER AT CLOSE
Unit Size
1,800 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$133
Property Type
House
Property Taxes
$19
HOA Dues
$4
Year Built
2007

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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.

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,093
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,531
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,268
  • Building Area: 1,804
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,804
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ALLENS GRAND VIEW SUB
  • Land Acres: 0000000150
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2021R0061401 LT 35 ALLENS GRAND VIEW SUB

Neighborhood

  • School District Name: Cary Community Consolidated School District 26
  • Census Tract: 871307

Geography

  • Parcel: 20-17-277-008
  • Block: 277
  • Lot: 35
  • Municipality: ALGONQUIN TWP
  • Latitude: 42.2077
  • Longitude: -88.2026

    Address

  • Full Address: 8406 Wium St
  • Address - House Number: 8406
  • Address - Street Name: Wium
  • Address - Suffix Type: St
  • State: IL
  • City Name: Cary
  • Carrier Code: R001
  • 4-Digit Zip Code: 3040
  • Zip Code: 60013

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $633,042
  • Tax Rate Code Area: 20006

    Appraisal Valuation

  • Standard Deviation: 0.2249
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 68
  • Final Value: 280,939
  • High Value: 344,130
  • Low Value: 217,749

    Market Valuation

  • Market Total Value: $250,113
  • Market Land Value: $13,950
  • Market Improvement Value: $236,163

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $83,371
  • Assessed Land Value: $4,650
  • Assessed Improvements Value: $78,721

    Sales

  • Current Sale Contract Date: Oct 26, 2021
  • Current Sale Recording Date: Nov 12, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021R0061401
  • Previous Sale Recording Date: Mar 17, 2017
  • Previous Sale Contract Date: Mar 03, 2017
  • Previous Sale Amount: $194,000
  • Previous Sale Document Type: 71
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 Allen's Grand View

Stats & Trends

Median Asking:

$249,900

Sale Price/ft²

$196

Below Asking

0.09%

Average Days on Market

109

Average Home Size

1275 ft²

Average Home Age

78 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 5 Saville Row, Barrington Hills, IL, 60010

$4,100 /mo

  • 3 Beds
  • 3 Baths
  • 2,613 ft²
5 Saville Row, Barrington Hills, IL, 60010 Listing by Mary Beth Holsteen
Unit for rent at 87 W Surrey Lane, Barrington Hills, IL, 60010

$4,000 /mo

  • 4 Beds
  • 4 Baths
  • 2,232 ft²
87 W Surrey Lane, Barrington Hills, IL, 60010 Listing by William Gallos

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Joanne Levicki, RE/MAX Unlimited Northwest
Data Source: MRED, MLS# MRD06718748
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 8406 Wium Road built and last sold?
The property at 8406 Wium Road was built in 2007 and last sold on Oct 26, 2021 for $245,000.
How much is this home worth?
The estimated value of the home located at 8406 Wium Road is $240,990.
What are some comparable homes to 8406 Wium Road?
There are currently no comparable homes to 8406 Wium Road.
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