1871 Butternut Lane
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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 24, 2017 | Sold | ||
| Sold | |||
| Sep 2, 2017 | Listed | $299,900 | |
| Listed | |||
| | |||
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HIGHEST AND BEST OFFERS DUE 8/17 BY 4:00 PM. Attention builders!! Great opportunity to build a 4000 sf home in an exceptional location in one of the most desirable school Dist in Northbrook. Drive by only, property is being sold for the land value. The manager has listed the unit size as 1048 square feet.
| |||
| Aug 16, 2017 | Listed by Dream Town Realty | $299,900 | |
| Listed by Dream Town Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017