1355 Picardy Lane
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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 |
|---|---|---|---|
| Mar 27, 2024 | Sold | ||
| Sold | |||
| Feb 22, 2024 | Listed by Baird & Warner | $650,000 | |
| Listed by Baird & Warner | |||
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Looking for a great home in William Fremd High School? Look no further. Fabulous colonial home in Charlemagne Subdivision in quiet cul-de-sac with stunning views of the pond. Sellers have upgraded or remodeled every room inside and outside the home. Center entrance features a new front door and split living room/dining rooms all with cove molding. Built-in shelves provide character in the living room looking to the Northeast bringing in the morning sunshine. The kitchen has been opened to the family room for that open floor concept that everyone craves. It overlooks a new deck perfect for outside entertaining and features a Pella sliding door for easy access. The view of the pond and sunset is amazing! The kitchen is oversized and has plenty of room for a large island as well as an eating area big enough for a dining room table. The family room focal point is the gas fireplace with replacement liner providing cozy fires all winter long. Check out the large mud room/laundry room complete with front loading washer and dryer, folding counter, large sink and cabinet as well as a remodeled powder room adjacent. Upstairs you will find the owner suite with remodeled bathroom complete with double vanity and a beautiful walk-in shower, and the walk in closet is larger than most homes of this age. There are three other large bedrooms and the remodeled hall bath also has a double vanity with bath tub/shower combo completing this level. The full basement with walk-up to the outside has just been remodeled by the current homeowners in 2023. There is a full bathroom, recreation room, game area, archery lane and plenty of storage. The roof, hot water heater, and first floor flooring were completed in 2017. Most of the outside work including new deck, concrete stamped back patio, and front walk was completed in 2018. In 2021 the owners installed a new front door, new exterior basement door, main garage door, and updated the first floor powder room. The owner's bathroom, upstairs hall bath and the hall banister were updated in 2023. Along the way they installed new window treatments and new landscaping outside. This one is a gem!
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| Jun 29, 2017 | Sold | ||
| Sold | |||
| Jan 26, 2017 | Listed by Coldwell Banker Residential Brokerage | $389,900 | |
| Listed by Coldwell Banker Residential Brokerage | |||
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About Hoffman Estates
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$3,300 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017