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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%.
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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.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 6, 2022 | Sold | ||
| Sold | |||
| Apr 6, 2022 | Listed by Engel & Voelkers Chicago North Shore | $699,000 | |
| Listed by Engel & Voelkers Chicago North Shore | |||
| Aug 31, 2021 | No longer available | - | |
| No longer available | |||
| Aug 9, 2021 | Listed by Engel & Volkers Chicago North Shore | $699,000 | |
| Listed by Engel & Volkers Chicago North Shore | |||
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It's bigger than it looks. Welcome to this spacious, updated brick ranch with 3 bedrooms, 2.5 bathrooms, and a 2-car attached garage. The large, light-filled living room/dining room offers enough space for both living and dining. Updated in 2017, the kitchen features stainless steel appliances, granite countertops, and new cabinets. The family room with a brick fireplace looks out over a lovely, private, and beautifully landscaped backyard with an expanded paver patio. The primary bedroom suite has great views of the backyard and has a newer bath with a shower and double vanity as well as a walk-in closet with custom built-ins. The 2017 updates include the bathrooms. fresh interior paint, hardwood floors, and light fixtures. The finished basement is drywalled with a rec room, an office, and a utility/laundry/storage room. A covered stairway offers access from the basement to the outside. Also, newer water heater, furnace, and 30+ year roof. The manager has listed the unit size as 2016 square feet.
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Property Highlights
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About Wilmette
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$2,900 /mo
- 2 Beds
- 2 Baths
- 1,300 ft²
$2,750 /mo
- 3 Beds
- 1 Bath
- 1,238 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017