17603 Burnham Avenue
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 11, 2024 | Sold | ||
| Sold | |||
| Sep 11, 2024 | In contract | - | |
| In contract | |||
| Aug 23, 2024 | Listed by Real People Realty | $200,000 | |
| Listed by Real People Realty | |||
| Aug 21, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Aug 1, 2024 | Listed by Real People Realty | $200,000 | |
| Listed by Real People Realty | |||
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Welcome to your new home in the heart of Lansing, IL! This delightful 3-bedroom, 1-bathroom residence offers the perfect blend of comfort and convenience, making it an ideal choice for first-time homebuyers. Nestled in a friendly neighborhood, this property is just moments away from major highways and vibrant shopping centers, ensuring you have everything you need right at your fingertips. As you step inside, you'll be greeted by a warm and inviting living space, perfect for both relaxing and entertaining. The home features a well-designed layout with spacious bedrooms, a cozy living room, and a functional kitchen that's ready for your personal touch. The bathroom is clean and well-maintained, providing a comfortable space for daily routines. Outside, you'll find a charming backyard that offers a great spot for outdoor activities or simply unwinding after a long day. With a sturdy exterior and a well-kept yard, this house is ready to welcome you home. Don't miss this fantastic opportunity to own a great starter home in a convenient location. Come see for yourself why this Lansing gem is the perfect place to begin your homeownership journey!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017