1611 Edison Circle
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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.
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 24, 2023 | Sold | ||
| Sold | |||
| Mar 28, 2023 | Listed by RE/MAX Destiny | $340,000 | |
| Listed by RE/MAX Destiny | |||
| | |||
|
Amazing home. This home features new siding, soffits, fascia, garage door with garage opener, entrance door and sliding glass door off living room. Newer windows, roof, ac and furnace. Huge concrete patio. New sod in front of home. Professionally landscaped. The inside is even better. Wood laminate floor in LR/kitchen/hallway. 5 1/4 trim t/o. New interior 2 panel doors with casing. Kitchen features big island center, 42" white shaker cabinets, quartz counters, glass back splash, all new stainless steel kitchen appliances with deep SS sink. Both baths totally updated. Finished basement with custom staircase & railing. All new custom can lighting & light fixtures. Minutes to Elgin O'Hare expressway and train station.
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| Dec 8, 2022 | Sold | ||
| Sold | |||
| Nov 18, 2022 | Listed by Berkshire Hathaway HomeServices Starck Real Estate | $179,900 | |
| Listed by Berkshire Hathaway HomeServices Starck Real Estate | |||
Property Highlights
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About Hanover Park
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017