11568 Illinois 89 Highway
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 |
|---|---|---|---|
| Sep 16, 2022 | Sold | ||
| Sold | |||
| Jul 6, 2022 | Listed by Chi Real Estate Group LLC | $349,000 | |
| Listed by Chi Real Estate Group LLC | |||
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4 acre farmsite with 3 bedroom, a den, and 2 bath home, completely remodeled 2021, large pole building, capable of housing chickens, two additional out buildings. Newer furnace and AC with separate unit upstairs. One high door garage capable of fitting a tandem truck. Yard contains fruit trees and potential garden. Enjoy outdoor living activity with a wood deck and brick fire pit.
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| Sep 15, 2021 | Sold | ||
| Sold | |||
| Jun 15, 2021 | Listed by Janko Realty & Development | $308,000 | |
| Listed by Janko Realty & Development | |||
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Enjoy country living with the convenience of being close to town. Located on 4.1 acres, this 2 story, 3 bedrooms (upstairs), 2 bath is completely remodeled inside and out. A must see! Newer furnace and AC with separate unit upstairs. One high door garage capable of fitting a tandem truck. Has 3 other out buildings, one capable of housing chickens. Yard contains fruit trees and potential garden. Enjoy outdoor living activity with a wood deck and brick fire pit. Don't miss out on this gem!
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| Feb 9, 2012 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017