121 Park Avenue
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 |
|---|---|---|---|
| Nov 2, 2022 | No longer available | - | |
| No longer available | |||
| Jul 12, 2022 | Price Decreased |
$449,000
↓ $50K
(10%) | |
| Price Decreased | |||
| Jun 1, 2022 | Listed by Compass | $499,000 | |
| Listed by Compass | |||
| | |||
|
This one is going to be hard to beat! This beautiful and impeccably maintained home, nestled on a quaint and quiet River Forest street, features 3 full floors of bright open living space. 3 bedrooms plus a charming office space overlooking the professionally landscaped and manicured yard, 2.1 bathrooms and a fully finished basement make up the space. The newly finished basement has a living room, bedroom, powder room, full laundry room and a fabulous expansive work room. The main level is so bright and inviting with a large living room, sitting room overlooking tree lined Park Ave and a separate dining room - the perfect spaces for entertaining and comfortable living. The bright white kitchen with granite and stainless steel appliances opens to a massive back deck and beautiful back yard. The 2nd bedroom suite with a brand new bath is also found on this main level. The sunny, open top floor is a master bedroom with office space, a separate sitting/lounging/closet area and a full bath. The layout of the home has so many possibilities and options! Off the kitchen is the oversized newly finished 22x21 deck - ideal for grilling, entertaining and dining with large groups! The beautiful yard leads you to an inviting patio with an inviting and tranquil pond. This one is going to be hard to beat! Location Location Location! You are located in the geographic center of the Chicagoland area. Half way between Midway and O'Hare. Halfway between downtown Chicago and the Suburbs. Walking distance to the Green Line, Blue Line, and Metra. The nightlife of Madison Street in Forest Park is just around the corner. Walk to your award winning grade school, parks, dining and shopping.
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| Jun 15, 2016 | Sold | ||
| Sold | |||
| May 5, 2016 | Listed by Berkshire Hathaway HomeServices KoenigRubloff | $319,000 | |
| Listed by Berkshire Hathaway HomeServices KoenigRubloff | |||
Property Highlights
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About River Forest
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017