1101 Illinois Drive
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 27, 2025 | Sold | ||
| Sold | |||
| Jan 24, 2025 | In contract | - | |
| In contract | |||
| Jan 9, 2025 | Listed by KELLER WILLIAMS-TREC | $234,900 | |
| Listed by KELLER WILLIAMS-TREC | |||
| Aug 3, 2022 | Sold | ||
| Sold | |||
| May 3, 2022 | Listed by TOWN & COUNTRY REALTY,LLP | $219,900 | |
| Listed by TOWN & COUNTRY REALTY,LLP | |||
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Who doesn't love a home with quality work and is move-in ready? The current owners have done it all with this one. The updated kitchen has granite countertops, tile backsplash, a trash compactor and hardwood floors. Both bathrooms have new tile, flooring, faucets, light fixtures and vanities (2021). Other upgrades include oak hardwood flooring, trim and interior door, entry doors (2010), windows (2010), siding (2010), roof & gutters (4 years old), water heater (2010), new ceramic tile in the lower level (2020), garage door openers (2022). Also, the garage has ample cabinet space, vinyl flooring and is heated. Last but certainly not least, the outside yard is just as appealing with its corner lot, well-manicured garden beds with Border Magic border, back patio and shed!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017