1308 Geringer Road
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 |
|---|---|---|---|
| Mar 22, 2024 | Sold | ||
| Sold | |||
| Dec 1, 2023 | No longer available | - | |
| No longer available | |||
| Nov 29, 2023 | Listed by Compass | $549,999 | |
| Listed by Compass | |||
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Welcome to this stunning home located in the desirable town of Algonquin, Illinois. This spacious residence offers an array of features and amenities that are sure to impress. With four large bedrooms, there is plenty of space for everyone to enjoy. As you step inside, you'll be greeted by the grandeur of this home's interior. The private sitting room provides a cozy and intimate space for relaxation, while the ensuite primary bedroom offers a luxurious retreat. A see-through fireplace connects the sunroom to the family room, and with it's natural light, the sunroom is the perfect spot to unwind and enjoy a good book. The open floor plan seamlessly connects the large dining room to the rest of the home, making it ideal for entertaining guests. The custom cabinetry and large kitchen island provide ample storage and workspace for the aspiring chef. The beautiful millwork and custom craftsmanship throughout the home add a touch of elegance and sophistication. Basement is ready for the perfect final touches, with a roughed-in bath & bar. Outside, you'll find an inviting entertaining space where you can host gatherings and create lasting memories. The deck is the perfect spot to enjoy a morning cup of coffee or a summer barbecue. Situated on a half-acre lot, this property offers plenty of space for outdoor activities and gardening. Located on a quiet street, you'll enjoy peace and tranquility while still being near all the amenities of town. One of the major highlights of this home is its convenient location. You'll be just a short walk away from the town of Algonquin, where you can explore charming shops, dine at local restaurants, and enjoy community events. Additionally, the Fox River is within walking distance, providing opportunities for water activities and scenic views. Don't miss the chance to make this extraordinary residence your own. Schedule a showing today and experience the beauty and elegance of this Algonquin home. ***Continue to show, contract subject to a home sale, 72 hour kickout.**
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| Nov 10, 2023 | Price Decreased |
$564,900
↓ $15K
(2.6%) | |
| Price Decreased | |||
| Nov 1, 2023 | Listed by Compass Real Estate | $579,900 | |
| Listed by Compass Real Estate | |||
| | |||
|
Welcome to this stunning home located in the desirable town of Algonquin, Illinois. This spacious residence offers an array of features and amenities that are sure to impress. With four large bedrooms, there is plenty of space for everyone to enjoy. As you step inside, you'll be greeted by the grandeur of this home's interior. The private sitting room provides a cozy and intimate space for relaxation, while the ensuite primary bedroom offers a luxurious retreat. A see-through fireplace connects the sunroom to the family room, and with it's natural light, the sunroom is the perfect spot to unwind and enjoy a good book. The open floor plan seamlessly connects the large dining room to the rest of the home, making it ideal for entertaining guests. The custom cabinetry and large kitchen island provide ample storage and workspace for the aspiring chef. The beautiful millwork and custom craftsmanship throughout the home add a touch of elegance and sophistication. Basement is ready for the perfect final touches, with a roughed-in bath & bar. Outside, you'll find an inviting entertaining space where you can host gatherings and create lasting memories. The deck is the perfect spot to enjoy a morning cup of coffee or a summer barbecue. Situated on a half-acre lot, this property offers plenty of space for outdoor activities and gardening. Located on a quiet street, you'll enjoy peace and tranquility while still being near all the amenities of town. One of the major highlights of this home is its convenient location. You'll be just a short walk away from the town of Algonquin, where you can explore charming shops, dine at local restaurants, and enjoy community events. Additionally, the Fox River is within walking distance, providing opportunities for water activities and scenic views. Don't miss the chance to make this extraordinary residence your own. Schedule a showing today and experience the beauty and elegance of this Algonquin home. The manager has listed the unit size as 4056 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017