125 Irene ST
About This Property
Inside, enjoy hardwood floors, large windows that flood the home with natural light, and a cozy electric fireplace that anchors the living space. The home is equipped with thoughtful upgrades including a tankless electric water heater for endless hot water, water softener, generator plug for storm readiness, and smart home features such as a smart thermostat and light switches compatible with Alexa and Google.
Step outside to a spacious backyard complete with a large storage shed less than two years old, perfect for tools, hobbies, or extra storage.
Located in a no-HOA neighborhood, this home offers exceptional walkability and convenience. Enjoy three neighborhood parks within walking distance, the Elgin Recreation Center, HT Fitness Center, and easy access to downtown Elgin, local dining, shopping, and the weekly Farmers Market, all under a mile away. H-E-B is just a short drive, making daily errands a breeze.
This friendly, community-oriented neighborhood offers the perfect balance of peace, accessibility, and lifestyle. Don't miss the opportunity to call this Elgin gem home.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Mar 22, 2026 | In contract | - | |
| In contract | |||
| Mar 5, 2026 | Price Decreased |
$299,990
↓ $15K
(4.8%) | |
| Price Decreased | |||
| Feb 19, 2026 | Price Decreased |
$315,000
↓ $10K
(3.1%) | |
| Price Decreased | |||
| Feb 4, 2026 | Listed by All City Real Estate Ltd. Co | $325,000 | |
| Listed by All City Real Estate Ltd. Co | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017