2329 Hutchison Road
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 |
|---|---|---|---|
| Nov 25, 2024 | Sold | ||
| Sold | |||
| Oct 22, 2024 | In contract | - | |
| In contract | |||
| Oct 2, 2024 | Listed by Coldwell Banker Real Estate Group | $340,000 | |
| Listed by Coldwell Banker Real Estate Group | |||
| Jul 16, 2021 | Sold | ||
| Sold | |||
| Jun 16, 2021 | Listed by eXp Realty, LLC | $275,000 | |
| Listed by eXp Realty, LLC | |||
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Wonderful Cape in a Wonderful Location! This charming 3 bedroom 2 bath Cape Cod is beckoning you home. The front of the first floor has a cheery dining room and a lovely paneled living room with woodburning fireplace. The current owners added a large addition to enjoy a large family room that's open to the kitchen and overlooks the beautiful backyard packed with established perennials and large shed. Go up the wide staircase to the bedrooms - a large master bedroom addition on the back with balcony, and two charming dormered bedrooms in front, as well as a full bath. The basement is partially finished, and dry! New Roof with lifetime guarantee put on in 2020, HVAC only 5 years, whole house generator 2 years. This home backs up to beloved Millennium Park in Homewood - with walking path, soccer field, playground and newly updated splash pad! This corner of Hutchison is known for its winter lights, as well as other block party activities. Situated in Flossmoor Park, close to school, town and train to the city and the University of Chicago. Adding to the appeal are low taxes for the area on this home and appraised value even went down for 2020!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017