2311 Althea Drive
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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 |
|---|---|---|---|
| Jun 26, 2020 | Sold | ||
| Sold | |||
| Mar 3, 2020 | Listed by JLA Realty | $995,000 | |
| Listed by JLA Realty | |||
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This luxurious, 4100 sq ft custom home is one of a kind in highly desired Oak Forest! This beauty features a custom floor plan with a loft and game room overlooking the open first level. Countless upgrades including a waterfall kitchen island, pre-wired media and theater room, designer light fixtures, and many more! The first floor study can be utilized as a 5th bedroom for guests. There are high-end finishes throughout including site-built custom cabinetry, high-end countertops, hardwood flooring throughout, a contemporary gas fireplace, backyard covered patio with outdoor kitchen, and a contemporary wine storage closet. The well-appointed kitchen includes a huge walk in pantry, 12 ft island, under/above cabinet lighting and high end Thermador appliances. The top of the line dual Trane AC units and Nest thermostats will satisfy all of your cooling and heating needs. Don't miss out on a chance to make this your dream home!
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| Feb 15, 2019 | Sold | ||
| Sold | |||
| Oct 31, 2018 | Listed by Keller Williams Realty | $289,000 | |
| Listed by Keller Williams Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017