1039 Walter Avenue
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 23, 2024 | Sold | ||
| Sold | |||
| Jun 20, 2024 | Listed by eXp Realty, LLC | $369,900 | |
| Listed by eXp Realty, LLC | |||
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Here's the home you've been waiting for on a quiet side street in one of Des Plaines finest neighborhoods. Built in 1977, this meticulously maintained all brick home has generous room sizes, an open concept in the living and dining areas, is neutral in decor and has over 1,400 square feet of living space on the first floor and another 1,400 in the basement. There are many updated amenities and mechanicals throughout the home. The Large Newer Kitchen was updated in 2004 featuring custom shaker cabinets, a breakfast bar, a separate space for a table, a built-in pantry, and newer hardwood floors. The 3 bedrooms on the first floor are larger than most in this neighborhood and the main floor bathroom was updated in 2010 and has plumbing roughed-in for a washer and dryer. The Full finished basement with great floor to ceiling height doubles the living space featuring a large family/recreation room, a full bath that was updated in 2018, a huge storage room with built-in shelving that could also be a 4th bedroom with a little creativity, a dry bar area with ample countertops and cabinets for entertaining and storage, a laundry area with a 2nd stove and double utility sink. Side driveway leads to the 2 1/2 car detached garage and a nice grassy backyard for enjoying the summer months. Walking distance to two parks including one with a field house, summer camps, playground, picnic shelter, baseball field & basketball, bocce and tennis courts, a walking/biking path, and in the winter, an outdoor ice-skating rink. Less than one mile to the Metra train station and downtown Des Plaines for the restaurants, entertainment, shops, and library. Come see this home before it's gone!
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| Apr 20, 2022 | Sold | ||
| Sold | |||
| Mar 5, 2022 | Listed by @properties Christie�s International Real Estate | $364,900 | |
| Listed by @properties Christie�s International Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017