2501 Marcy Avenue
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 9, 2021 | No longer available | - | |
| No longer available | |||
| Jul 8, 2021 | Sold | ||
| Sold | |||
| Jul 2, 2021 | Listed by Engel & Volkers Chicago | $589,900 | |
| Listed by Engel & Volkers Chicago | |||
| | |||
|
Charming 3 bedroom, 2 bath home on a corner lot in a stellar NW Evanston location. Lovingly built and lived in by 3 generations. Inviting stone walkway welcomes you into the quaint foyer. Generously sized living room, complete with gas fireplace, built-ins and beautiful bay window, is perfect for entertaining. Optimally located dining room with space for family and/or friends. The white kitchen offers plenty of storage and room for a small table. There is a pass-through window overlooking the family room so you are never out of the conversation. Spacious family room, with wood burning fireplace and additional built-ins, is large in size but feels comfortable and cozy. The breezeway with the third wood burning fireplace, connects to the garage, keeping you dry on rainy days while offering a wonderful space that allows for terrific views of the gardens, birds and a neighborhood where neighbors often become friends. Upstairs you will find a gracious landing leading to 3 bedrooms, a hall bath as well as a primary bedroom bath. The home has beautiful hardwood floors throughout. Windows to the north, west and south offer fantastic lighting into your home every day of the year! This a special home with acres of charm and warmth as well as a terrific close-knit neighborhood. This is a great opportunity for someone looking for the beauty of this home and the potential to add their own personality. The manager has listed the unit size as 1896 square feet.
| |||
| Apr 23, 2021 | Listed by Engel & Voelkers Chicago North Shore | $589,900 | |
| Listed by Engel & Voelkers Chicago North Shore | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017