15W244 Forest Lane
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 |
|---|---|---|---|
| Aug 15, 2022 | Sold | ||
| Sold | |||
| Jun 7, 2022 | Listed by Best Chicago Properties, LLC | $175,000 | |
| Listed by Best Chicago Properties, LLC | |||
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Amazing opportunity with this oversized lot in Elmhurst. Lined with mature trees and freshly cleared, this lot is ready to build your dream home! This property sits on about .88 acres of land in an extremely desirable part of Elmhurst. Take advantage of District 205 schools and Elmhurst living while paying unincorporated taxes. Build your dream home on this dead-end street. Electric, public water, and sewer down street. Convenient location close to expressways, Metra, shopping, and Elmhurst hospital.
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| Jul 1, 2020 | No longer available | - | |
| No longer available | |||
| Dec 22, 2019 | No longer available | - | |
| No longer available | |||
| Dec 20, 2019 | Listed | $189,500 | |
| Listed | |||
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Elmhurst ~ 2 Vacant Lots on Dead-end Street ~Build Your Dream Home or Two on this Beautiful Wooded Property in Desired Dist.205 Schools ~Two Lots Total Just about 1 Acre ~No Buildings to Tear down Here! ~Electric, Public Water & Sewer down Street ~Subdivision has Many New Construction Upper Priced Homes ~ Convenient Location Close to Elmhurst Hospital, Expressways, Metra, Shopping, Butterfield Park & MORE! ~ Possible Owner Financing ~New Survey Available on Line ~ Lot has Surveyor Posts at Corners.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017