1620 Clover Lane
About This Property
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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 |
|---|---|---|---|
| Dec 19, 2025 | Sold | ||
| Sold | |||
| Nov 24, 2025 | In contract | - | |
| In contract | |||
| Nov 20, 2025 | Listed by BHHS Premier Properties | $499,000 | |
| Listed by BHHS Premier Properties | |||
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Welcome to a beautifully reimagined Arlington Heights gem where historic charm meets modern comfort. This 3-bedroom, 3-bath home has been thoughtfully renovated from the inside out, including foundation leveling, new water and sewer lines, a gas tankless water heater, fresh exterior concrete, all-new fencing, and paint. Located just minutes from I-30 and a short stroll to museums, restaurants, Dickies and everything the Cultural District has to offer. Relax or entertain on the spacious front and back porches on this oversized lot and take advantage of the generous backyard complete with covered parking and a storage shed. The home can even be sold fully furnished including appliances so you can move right in and start enjoying the lifestyle.
Homes like this don’t come along often. Grab it before someone else does!
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| Jun 30, 2023 | Sold | ||
| Sold | |||
| Jun 2, 2023 | Listed by TDRealty | $490,000 | |
| Listed by TDRealty | |||
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Introducing a delightful Arlington Heights Craftsman Bungalow, complete with a charming front porch and swing. Inside, you'll find a chef's kitchen, original hardwoods, and a separate utility room. Modern amenities include newer windows, plantation shutters, and upgraded lighting fixtures. Additionally, it offers alley access to a 2-car carport that has the potential to be transformed into a garage. Enjoy the convenience of a deck off the kitchen and the proximity to downtown, the cultural district, museums, restaurants, and entertainment options. With easy access to freeways and toll roads, this property offers both charm and convenience.
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About Arlington Heights
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$7,150 /mo
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$4,900 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017