1651 CORNELL Drive #1651
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.
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/06/2020
|
2 Bed
|
1 Bath
|
840 ft²
|
$147,000
2 Bed
1 Bath
840 ft²
|
$147,000
07/28/2020
|
Pat Kalamatas
103 Realty LLC
| |
|
07/14/2006
|
2 Bed
|
1 Bath
|
-
|
$164,900
2 Bed
1 Bath
|
$160,000
-2.97%
08/01/2007
|
Sandra A'Costa
Berkshire Hathaway HomeServices Starck Real Estate
|
Building Info
About Hoffman Estates
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$2,400 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017