1101 Parker 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%.
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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 |
|---|---|---|---|
| Oct 20, 2022 | Sold | ||
| Sold | |||
| Sep 24, 2022 | No longer available | - | |
| No longer available | |||
| Sep 23, 2022 | Listed by RE/MAX Suburban | $399,900 | |
| Listed by RE/MAX Suburban | |||
| Sep 3, 2022 | Price Decreased |
$410,000
↓ $15K
(3.5%) | |
| Price Decreased | |||
| Jun 16, 2022 | Listed by RE/MAX Suburban | $425,000 | |
| Listed by RE/MAX Suburban | |||
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This Norfolk model offers a big floorplan and lots of living space on three levels. As you step into the formal living room you will notice the natural light pouring in through the big windows. The room is anchored by a wood burning fireplace. A contemporary kitchen features rich wood cabinetry and a breakfast bar. The dining room and family room overlook the back yard. Sliding doors lead to the deck and patio overlooking the fenced yard, perfect for entertaining or just hanging out. All four bedrooms are on the second level with two full baths. The master suite offers lots of closet space and a private master bath. The lower level is directly accessible from the two-car garage. This level features a mud room just off the garage, a huge recreation room, laundry and the utility room. The floorplan can accommodate large gatherings and also offers the separation if you need a private space for working at home. The home is close to the Schaumburg Park District's Community Recreation Center and Water Works Indoor water park. Award winning school districts 54 and 211, an exceptional Park District, all in a top-rated community. The home has been meticulously maintained and is ready to move-in. The manager has listed the unit size as 2440 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017