1506 Thornton 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 |
|---|---|---|---|
| Oct 31, 2024 | Sold | ||
| Sold | |||
| Dec 14, 2023 | Listed by Keller Williams Memorial | $1,990,800 | |
| Listed by Keller Williams Memorial | |||
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Welcome to this stunning new construction home situated in Oak Forest! Intricately designed by Elizabeth Home Designs w/6 bedrooms & 5.5 baths, the perfect space for you & your family to call home. Transitional design blends neutral colors & stunning selections for the ultimate living experience. Custom built-in features, modern farmhouse styling & hand selected lighting that add just the right ambiance. kitchen boasts a double island & Thermador 48" gas stove & wine cooler to truly entertain in style. The attention to detail & finishings are impressive. You'll love the white oak cabinets & gorgeous hardwood floors that adorn the 1st floor primary bedroom. Upstairs you'll find your game room w/wet bar & secondary primary + all additional bedrooms. Outdoor fireplace & seating area is the perfect place to enjoy a meal together. Renderings for a custom pool available. Zoned to OFE & other amenities, making this the ideal space for anyone looking to live in a functional luxurious space.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017