2948 Central Street
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 |
|---|---|---|---|
| Apr 21, 2023 | Sold | ||
| Sold | |||
| Mar 1, 2023 | Listed by Berkshire Hathaway HomeServices Chicago | $799,000 | |
| Listed by Berkshire Hathaway HomeServices Chicago | |||
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Incredible Live/Work or commercial opportunity in NW Evanston. Zoned B1A for mixed use, this unique property is 2 buildings in one, with access under a covered breezeway.: #1 a 3000 SF brick loft building (built in 1921), --perfect for living space or having a business, and #2, a 2 BR 2 BA house (built in 1944) with a lovely private deck and 2 car garage off alley. The loft side has two 1,000 SF lofts and a third 1,000 SF dry storage/workshop in the basement. The main floor has a cool vibe, perfect for retail, agency, etc., with beautiful, exposed wood beams, high ceilings, exposed brick, hardwood floors and tall windows letting in lots of a natural light! The 2nd floor loft could be used as even more business space, or added living quarters. Loft building has 1 bedroom, kitchen, 1.5 baths, laundry hook up; combined the property totals 3 bedrooms and 3.5 baths. Live in both or live in one building and rent the other. This would be perfect for, a retail store, a music or recording studio, an office setting, a travel agency, art gallery, counseling agency a home business, an incredible event space, workshop, or artist/photography studio - So many opportunities with this one-of-a-kind property! Must see to appreciate. 24 hour notice required. Property is offered AS-IS
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| Jun 6, 2022 | Sold | ||
| Sold | |||
| Jul 8, 2021 | Listed by Berkshire Hathaway HomeServices Chicago | $799,000 | |
| Listed by Berkshire Hathaway HomeServices Chicago | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017