1838 N Springfield 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%.
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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 |
|---|---|---|---|
| May 12, 2022 | Sold | ||
| Sold | |||
| Mar 4, 2022 | Listed by Real People Realty | $779,000 | |
| Listed by Real People Realty | |||
| Sep 11, 2021 | No longer available | - | |
| No longer available | |||
| Jul 17, 2021 | Listed by Real People Realty, Inc. | $799,000 | |
| Listed by Real People Realty, Inc. | |||
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New single family home, walking distance from the 606 trail on a standard Chicago lot. Custom made Italian cabinets throughout, quartz counter tops, and stainless steel appliances. Dual zone HVAC with smart thermostats. Hardwood floors throughout. Laundry in the basement and a hookup for an optional laundry on the second floor. Barn style facade with over sized metal stairs and brick accent. The back of the property features a large deck with gas hookup for a grill. New two car garage. Expected date of completion September 15. The manager has listed the unit size as 3000 square feet.
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Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Northwest Side
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$3,900 /mo
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$4,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017