2914 Payne Street
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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 28, 2025 | Sold | ||
| Sold | |||
| Jan 31, 2025 | In contract | - | |
| In contract | |||
| Jan 27, 2025 | Listed by Coldwell Banker | $799,900 | |
| Listed by Coldwell Banker | |||
| May 22, 2023 | Sold | ||
| Sold | |||
| Mar 15, 2023 | Listed by @properties Christie's International Real Estate | $749,000 | |
| Listed by @properties Christie's International Real Estate | |||
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Charm abounds in this expanded bungalow with three finished levels of versatile living space - PLUS an enchanting perennial-filled yard and garden that has been featured on the Evanston Garden Walk! Welcoming living room with quality built in bookcases, sunny dining room and an exceptionally designed kitchen that leads to a coveted screened in back porch offer wonderful options for entertaining (and can be glass-enclosed for enjoyment through late fall/early winter). Two bedrooms (one currently set up as an office with built-in bookcases) plus a white ceramic tile bath completes the first floor. The large primary bedroom with multiple nooks for reading or furniture is on the second level, along with a sunlit second bedroom, play area and second updated bathroom. Not to be missed - the walk out lower level offers tremendous additional space for a playroom, studio, office or whatever you need. The yard is truly exceptional and is consistently in bloom from spring through late fall - a wonderful sanctuary just steps from the back door on a 194' lot. Located in Lincolnwood School district and an easy walk to Central Street, Perkins Woods Forest Preserve and all that NW Evanston has to offer!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017