1560 Cornell Circle #31A
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 |
|---|---|---|---|
| May 1, 2024 | Sold | ||
| Sold | |||
| Apr 5, 2024 | Listed by Baird & Warner | $214,900 | |
| Listed by Baird & Warner | |||
| | |||
|
***Multiple offers received. Highest & Beat called for 4/7/24 at 5pm***Upgraded & refreshed, move-in ready 2BD/1BTH, 2-story condo! Open & spacious main level floor plan freshly painted w/ vinyl plank flooring throughout. LRG living room leads into eat-in kitchen w/ new counters & SS Appliances (2024). 2nd level has 2 spacious bedrooms w/ new vinyl plank flooring (2024), Primary WIC & beautifully remodeled bathroom (2022). Laundry in unit w/ new washer & dryer (2024)! Get ready for summer nights to enjoy on your fully private deck w/ PVC fencing. Lots of common green space to enjoy but not have to maintain! 1 car attached garage w/ opener. Ample nearby visitor parking. Investors welcome: Rentals allowed per HOA with no cap. Available for quick close!
| |||
| Nov 8, 2022 | Sold | ||
| Sold | |||
| Oct 6, 2022 | Listed by @properties Christie's International Real Estate | $169,900 | |
| Listed by @properties Christie's International Real Estate | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/05/2024
|
2 Bed
|
1 Bath
|
900 ft²
|
$214,900
2 Bed
1 Bath
900 ft²
|
$225,000
+4.70%
05/01/2024
|
Brittany Countryman
Baird & Warner
| |
|
10/06/2022
|
2 Bed
|
1 Bath
|
900 ft²
|
$169,900
2 Bed
1 Bath
900 ft²
|
$170,000
+0.06%
11/08/2022
|
Paul Dimmick
@properties
| |
|
10/31/2006
|
2 Bed
|
1 Bath
|
-
|
$164,900
2 Bed
1 Bath
|
$164,000
-0.55%
05/07/2007
|
Mercy Alvaran
Serene Corporation
|
Building Info
About Hoffman Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017