1360 N STATE Parkway
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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 |
|---|---|---|---|
| May 30, 2023 | Sold | ||
| Sold | |||
| Jan 16, 2023 | Listed by Berkshire Hathaway HomeServices Chicago | $2,400,000 | |
| Listed by Berkshire Hathaway HomeServices Chicago | |||
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Sophisticated + timeless grey stone 4 story residence on prestigious State Parkway, the very heart of the Gold Coast. Time honored architectural details coupled with modern kitchen and baths are omnipresent at 1360 State. Soaring 11 foot ceilings across 3 floors, graciously wide + spacious foot print (19' wide rooms), incredible millwork, 4 fireplaces, and a stunning staircase are just a few of the exceptional vintage details which remain in tact. 1360 boasts a bright east facing open floor plan with a fully reimagined kitchen + breakfast room leading to exceptional outdoor oasis; bluestone terrace and expansive patio, completely private from the city, behind locked gates, (no drive through alley) is great respite from the hustle + bustle of the city. Four (or five) bedrooms on the second and third floors, and two completely renovated bathrooms. The primary suite is gracious, spanning the entire second floor, with a stunning fireplace and fully renovated bath, through the primary bathroom is a dressing room (Suite Room). The cherry on the sundae is a deck off the dressing room. Three bedrooms encompass the third floor as well as a renovated full bath. The lower level has the most wonderful family room, with radiant heated floors and very high ceilings. There is ample room for a multi-pieced sectional sofa + game area. Beyond the family room is the 5th bedroom, full bath and second kitchen. The entire lower level can easily be a nanny suite with both a front and back egress. 1360 State Parkway is wonderfully situated - close to shops, the beach, parks restaurants and all that make the Gold Coast the premier neighborhood in Chicago.
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| Mar 17, 2017 | Sold | ||
| Sold | |||
| Jan 10, 2017 | Listed by Baird & Warner | $2,480,000 | |
| Listed by Baird & Warner | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017