1996 Cherry Lane #2A
About This Property
The manager has listed the unit size as 1201 square feet.
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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 |
|---|---|---|---|
| Apr 20, 2023 | Sold | ||
| Sold | |||
| Mar 8, 2023 | Listed | $284,900 | |
| Listed | |||
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NEWLY REMODELLED FIRST FLOOR CONDO IN THE HEART OF NORTHBROOK ! WALKING DISTANCE TO DOWNTOWN, RESTAURANTS, LIBRARY AND SUNSET FOODS. JUST ACROSS THE STREET FROM THE FARMERS MARKET IN THE SUMMER ! CLOSED TO THE TRAIN. EXCELLENT SCHOOL DISTRICT. NEW KITCHEN CABINETS WITH QUARTZ COUNTERTOPS AND STAINLESS STILL APPLIANCES. NEW FLOORS THROUGHOUT THE UNIT. NEW BATHROOMS AND NEW WASHER AND DRYER! NEW DOORS, TRIMS AND BASEBOARDS. HUGE LIVING ROOM WITH THE ELECTRIC FIREPLACE. PLENTY OF ADDITIONAL STORAGE SPACE IN THE BASEMENT. PLENTY OF LIGHTS. BEAUTIFUL PLACE TO CALL HOME !
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| Jan 11, 2023 | Sold | ||
| Sold | |||
| Sep 24, 2022 | No longer available | - | |
| No longer available | |||
| Sep 23, 2022 | Listed | $178,500 | |
| Listed | |||
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Spacious first floor condo in the heart of Northbrook! Enjoy easy access to downtown restaurants and stores, train, library, Sunset Foods next door, etc. Highly desirable school district! Unit is situated on the first floor so no stairs! 2 bright bedrooms and 1.5 baths. 1200 Sq Ft! Large living and dining area combo. Galley kitchen offers plenty of counterspace for cooking and an additional pantry closet. Ample closet space and additional storage unit in the basement. Owner occupant community - no rentals. No pets.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/31/2022
|
2 Bed
|
2 Bath
|
1201 ft²
|
$200,000
2 Bed
2 Bath
1201 ft²
|
-
-
|
Donata Ostapyshyn
RE/MAX Suburban
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017