287 Cornell Avenue
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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%.
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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.
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 29, 2023 | Sold | ||
| Sold | |||
| Apr 30, 2023 | No longer available | - | |
| No longer available | |||
| Apr 28, 2023 | Listed by Redfin Corporation | $545,000 | |
| Listed by Redfin Corporation | |||
| Apr 20, 2023 | In contract | - | |
| In contract | |||
| Apr 7, 2023 | Listed by Redfin Corporation | $545,000 | |
| Listed by Redfin Corporation | |||
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Looking for the perfect home in desirable Cumberland of Des Plaines, IL? Look no further! This stunning 4 bedroom, 3 bathroom home is now available for sale. Fantastic curb appeal features upgraded hardscape, landscaping and stone work. The main level boasts a large foyer and spacious living room with beautiful hardwoods, recessed lighting, high ceilings and large windows. Head upstairs to the modern kitchen complete with stainless steel appliances, 6 burner stove, granite countertops and breakfast bar. Dining room with sliders to the new deck and custom awning. You'll find three generous bedrooms, including a luxurious master suite with custom closets and a private en-suite bathroom. The additional bedrooms are all spacious and perfect for all of your needs. In the finished lower level, you'll find even more living space, perfect for a home theater, rec room, playroom, or home gym. A full bedroom and new full bathroom is also conveniently located here. Rare sub-basement offers even MORE space! The backyard is fully fenced and offers plenty of space for outdoor activities and entertaining. Located on a tree-lined street in Des Plaines, this home is just minutes away from parks, schools, and shopping. Commuting is a breeze with easy access to major highways and public transportation. Don't miss your chance to make this beautiful home your own. Schedule a showing today! The manager has listed the unit size as 2865 square feet.
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About Des Plaines
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017