2936 N Gresham Avenue #2
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 |
|---|---|---|---|
| May 15, 2023 | Sold | ||
| Sold | |||
| Apr 3, 2023 | Listed by Compass | $325,000 | |
| Listed by Compass | |||
| Oct 1, 2021 | No longer available | - | |
| No longer available | |||
| Aug 26, 2021 | Price Decreased |
$285,000
↓ $15K
(5%) | |
| Price Decreased | |||
| Aug 16, 2021 | Listed by Compass | $299,900 | |
| Listed by Compass | |||
| | |||
|
Gorgeous rehabbed high first floor unit located on quiet tree lined street in Avondale/Logan Square! Walk to everything Avondale and Logan has to offer! Only a 3 minute walk to the Belmont blue line stop making it easy to get downtown and O'Hare. Spacious 2 bedroom/1bath with large bay windows throughout and formal dining room! Garage parking included in the price! Unit has a large deck right off the kitchen! Kitchen has stainless steel appliances new within the last year and granite countertops. Central A/C and heat. Unit has been freshly painted and lightly lived in! Laundry is located one floor below and is free.. each unit has their own laundry in the common storage area. All brick building in tip top shape with no rental cap! The manager has listed the unit size as 1000 square feet.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/03/2023
|
2 Bed
|
1 Bath
|
-
|
$325,000
2 Bed
1 Bath
|
$325,000
05/15/2023
|
Lauren Traficanto
Compass
| |
|
08/16/2021
|
2 Bed
|
1 Bath
|
1000 ft²
|
$299,900
2 Bed
1 Bath
1000 ft²
|
-
-
|
Lauren Traficanto
Compass
| |
|
10/28/2019
|
2 Bed
|
1 Bath
|
1000 ft²
|
$239,000
2 Bed
1 Bath
1000 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017