2564 N IL State Route 23
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 |
|---|---|---|---|
| Feb 15, 2024 | Sold | ||
| Sold | |||
| Dec 29, 2023 | Listed by RE/MAX Top Properties | $229,000 | |
| Listed by RE/MAX Top Properties | |||
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Welcome to this completely renovated property just outside Ottawa city limits. This home features a large kitchen with an island, seating area, and 2 good-sized rooms with 1.5 bathrooms. The primary bathroom includes a double vanity. The 3.5 car garage with workshop space and an additional shed provide ample storage options. This turnkey property comes with two property pins, giving you a double lot totaling 1 acre, ensuring privacy with no rear neighbors. Recent upgrades include updated plumbing, floor joists, main support beam reinforcement, crawl space vapor barrier, lighting, and the addition of a half bathroom. Practical improvements also include a fireplace, new quartz kitchen counters, fresh paint throughout, and a double sink in the main bathroom. Over the last 10 years, the roof and septic have been replaced, making this home move-in ready with all the necessary updates for a comfortable living experience. Don't miss the opportunity to own this well-maintained and upgraded property.
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| Nov 9, 2018 | Sold | ||
| Sold | |||
| Jul 9, 2018 | Listed by RE/MAX 1st Choice | $125,000 | |
| Listed by RE/MAX 1st Choice | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017