1244 W Monroe Street #6
About This Property
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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.
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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 4, 2024 | Sold | ||
| Sold | |||
| Sep 11, 2024 | In contract | - | |
| In contract | |||
| Aug 27, 2024 | Listed by Compass | $624,995 | |
| Listed by Compass | |||
| | |||
|
West Loop is the Best Loop! Welcome to 1244 W Monroe Street, a private and serene gated community in an unbeatable location, just steps from award-winning schools Skinner West Elementary and Whitney Young High School, public transportation, parks, shopping, and the hottest restaurants in the West Loop! This 1,651 sq ft, 3-level townhome offers a highly desirable floor plan. As you step inside, you are greeted by a first-level den, perfect for an in-law suite or home office, with easy access from the 2-car attached garage. The spacious second floor boasts abundant natural sunlight, an oversized bathroom, soaring ceilings, beautiful maple floors, 42" kitchen cabinets, granite countertops, a breakfast bar, premium stainless steel appliances (including a newer refrigerator), and a 15' balcony with private unobstructed park views. This is one of only four townhomes in the community with these stunning park views. The top level offers two spacious bedrooms with large windows, ample closet space, and a newer in-unit washer/dryer. Notable upgrades include a convenient Nest thermostat and a newer A/C & HVAC system to name a few! Unbeatable Central West Loop location! Live in the heart of it all-make it yours today!
| |||
| Mar 18, 2022 | Sold | ||
| Sold | |||
| Mar 14, 2022 | Listed by Compass | $615,000 | |
| Listed by Compass | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/27/2024
|
2 Bed
|
2 Bath
|
1651 ft²
|
$624,995
2 Bed
2 Bath
1651 ft²
|
$633,000
+1.28%
11/04/2024
|
Michael Mandile
Compass
| |
|
06/17/2024
|
2 Bed
|
2 Bath
|
1589 ft²
|
$599,995
2 Bed
2 Bath
1589 ft²
|
$620,000
+3.33%
07/19/2024
|
Michael Mandile
Compass
| |
|
03/13/2024
|
2 Bed
|
3 Bath
|
1651 ft²
|
$639,000
2 Bed
3 Bath
1651 ft²
|
$639,000
05/03/2024
|
Vince McGuire
Cavan Realty Incorporated
| |
|
11/27/2022
|
2 Bed
|
2 Bath
|
1600 ft²
|
$569,900
2 Bed
2 Bath
1600 ft²
|
$535,000
-6.12%
01/18/2023
|
Paul Molinelli
Richard Cohn Real Estate
| |
|
09/26/2022
|
2 Bed
|
2 Bath
|
-
|
$549,000
2 Bed
2 Bath
|
$540,000
-1.64%
11/21/2022
|
John Casale
d'aprile properties
| |
|
03/14/2022
|
2 Bed
|
2 Bath
|
1651 ft²
|
$615,000
2 Bed
2 Bath
1651 ft²
|
$595,000
-3.25%
03/18/2022
|
Melanie Giglio
Compass
| |
|
03/17/2021
|
2 Bed
|
2 Bath
|
1651 ft²
|
$615,000
2 Bed
2 Bath
1651 ft²
|
-
-
|
-
| |
|
07/02/2018
|
2 Bed
|
2 Bath
|
1589 ft²
|
$494,900
2 Bed
2 Bath
1589 ft²
|
$475,000
-4.02%
01/23/2019
|
Kathleen Smith
Compass
| |
|
12/02/2006
|
2 Bed
|
2 Bath
|
1589 ft²
|
$459,900
2 Bed
2 Bath
1589 ft²
|
$450,000
-2.15%
01/31/2007
|
Jennifer Long
Vylla Home
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017