196 Arbor Lane
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 16, 2023 | Sold | ||
| Sold | |||
| Jun 27, 2023 | Listed by john greene, Realtor | $399,000 | |
| Listed by john greene, Realtor | |||
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Welcome to your brand new construction dream home in Montgomery! This stunning new construction residence offers a combination of modern elegance and spacious living on a large corner lot, providing an abundance of back yard and side yard space for all your outdoor activities. As you step inside, you'll immediately be captivated by the open concept layout, creating a seamless flow between the main living areas. The well-designed floor plan encompasses four generous bedrooms and 2.5 luxurious bathrooms, offering ample space for both relaxation and privacy. The kitchen is a chef's delight, featuring quartz waterfall countertops that exude sophistication and provide ample space for meal preparation. The sleek stainless steel appliances complement the contemporary design, making cooking a breeze. The entire first floor boasts beautiful LVP flooring, adding a touch of warmth and durability to the living spaces. Upstairs, the oversized primary bedroom awaits, offering a peaceful sanctuary to unwind and recharge. The accompanying primary bathroom is a true retreat, showcasing oversized 24x12 porcelain tiles that create a spa-like atmosphere. Indulge in ultimate relaxation with a free-standing deep soaking bathtub, perfect for soaking away the stresses of the day. The his and hers vanities add a touch of luxury and convenience to your morning routine. The second floor also features plush carpeting throughout, providing comfort and coziness in the additional bedrooms. The convenience of second-floor laundry adds practicality to your daily routine, while three additional bathrooms ensure everyone has their own space. This remarkable home includes a deep pour basement, offering endless possibilities for customization and expansion to suit your unique needs. Located in Montgomery, Illinois, this home is nestled within a vibrant community with easy access to amenities, schools, and parks. Don't miss the opportunity to make this brand new construction home your own and start living the life you've always dreamed of. Schedule a showing today and be prepared to be amazed!
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| Feb 24, 2022 | Sold | ||
| Sold | |||
| Dec 13, 2021 | Listed by Kelly Schmidt Properties, LLC | $44,000 | |
| Listed by Kelly Schmidt Properties, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017