16W154 HILLSIDE Lane
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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 |
|---|---|---|---|
| Aug 7, 2023 | Sold | ||
| Sold | |||
| Jul 8, 2023 | Listed by Realty Executives New Image | $829,500 | |
| Listed by Realty Executives New Image | |||
| Jul 4, 2023 | No longer available | - | |
| No longer available | |||
| Jun 17, 2023 | In contract | - | |
| In contract | |||
| Jun 10, 2023 | Listed by Realty Executives New Image | $829,500 | |
| Listed by Realty Executives New Image | |||
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One of a kind, unique custom built 4 bed 4.5 bath contemporary hillside ranch in desirable Burr Ridge area. The home has been totally renovated and features: open floor plan, hardwood flooring throughout the common areas, vaulted ceilings, skylights, raised panel oak doors, central vacuum cleaner, brand new roof ( in 2021) , custom European kitchen with an island, exclusive silo stone countertops, top of the line backsplash, stainless steel appliances. Fully updated bathrooms with new tiles, showers, tub,sinks,toilets,faucets,light fixtures -all top of the line materials and labor. Living room with custom fireplace, wooden deck overlooking beautiful, very private, resort like, fully fenced in backyard with professionally done landscaping. Walkout lower level - ideal for entertaining features: a family room with wood burning fireplace and access to covered patio, huge rec room with wet bar offering granite c-tops, wine cooler, mini fridge,ice-maker and more. Great guest suite has a private bath, walk-in closet. Large covered patio is connected by sidewalks with a heated swimming pool that operates on a salt water system. Safe, quiet neighborhood ,close to shopping malls with convenient access to major expressways ( I-55 , I -355 ) ,still in near vicinity to forest preserves with walking and biking trails, waterfalls , picnic areas-fantastic for nature enjoyment. Loan pre-approval or proof of funds required. The manager has listed the unit size as 3000 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017