1629 Florence Avenue
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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.
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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 |
|---|---|---|---|
| Sep 14, 2023 | Sold | ||
| Sold | |||
| Aug 9, 2023 | Listed by @properties Christie's International Real Estate | $625,000 | |
| Listed by @properties Christie's International Real Estate | |||
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PICTURE PERFECT 5+ BEDROOM FARMHOUSE! Space, Charm and Updates abound in this historic farmhouse located across from Mason Park in Evanston's highly sought after Dewey school district. This well-loved home has been beautifully maintained and offers a brand new kitchen with GE Cafe appliances, newer siding 2020, newer roof 2020, new water heater 2020, updated electric and a long list of cosmetic upgrades. Spacious floorplan boasts a massive great room with oversized bay windows overlooking the lush side yard, a newly renovated kitchen, and a huge family room perfect for lounging, play and projects! Also on the main floor, you will find a full-sized bedroom with WIC, an office, a full bathroom and glorious sun room with spanning park views! Travel upstairs to 4 additional bedrooms and a second bathroom! All of the bedrooms are large enough to accommodate a Queen or King sized bed! Dry basement is home to the laundry and an additional 35' x 21' storage space with 6.5' ceilings! Extra deep lot allows for huge yard and the construction of ALREADY APPROVED 20'x'24' 2 car garage (see attached document for approved plans). SELLERS ARE OFFERING $10k CREDIT TOWARDS THIS PROJECT!
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| Feb 25, 2022 | Sold | ||
| Sold | |||
| Nov 9, 2021 | Listed by Century 21 Universal | $430,000 | |
| Listed by Century 21 Universal | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017