1121 ILLINOIS AVENUE
About This Property
The kitchen features stainless steel appliances and ample cabinet storage, making it both practical and efficient. Each of the three bedrooms is generously sized, providing flexibility for a variety of living needs, including guest space, home offices, or multi-purpose rooms.
Situated on an oversized corner lot sitting on over 1/4 acre, the fully fenced yard offers plenty of room for outdoor enjoyment, entertaining, or future customization. The location truly sets this home apart-just blocks from the St. Cloud Lakefront, with easy access to walking paths, parks, dining, shopping, schools, and daily conveniences.
A spacious home, a desirable lot, and a location that's hard to beat-this St. Cloud property offers comfort, versatility, and long-term appeal.
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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.
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About St. Cloud
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$1,250 /mo
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- 1 Bath
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$1,600 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017