296 Herrick Road
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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 23, 2022 | Sold | ||
| Sold | |||
| Mar 21, 2022 | Listed by Keller Williams ONEChicago | $379,000 | |
| Listed by Keller Williams ONEChicago | |||
| Jul 1, 2021 | No longer available | - | |
| No longer available | |||
| Jun 15, 2021 | Listed by Keller Williams ONEChicago | $379,000 | |
| Listed by Keller Williams ONEChicago | |||
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Downsizing? Looking for a great house in a great school district? This is it! Impeccable full renovation on this charming home located on a prime Riverside block. Bright, white and brand new is waiting for you! Stunning Vintage Oak flooring throughout. Vaulted ceiling in the living room with a custom built-in. Kitchen features subway backsplash, new cabinets, quartz counters, breakfast bar and ample storage. Upstairs are two good size bedrooms with a full bath. Beautifully tiled bathroom. Large brand new deck overlooks the expansive yard plus a two-car garage. New roof, fascia and soffits on the house. New roof on the garage. Basement is fully finished making for a great family room space or convert to a third bedroom. The Metra train, restaurants and all amenities of Riverside are less than a mile away, plus it is in walking distance to award-winning District 96 schools. Riverside is a vibrant village just 11 miles from Chicago, named one of 10 Towns that Changed America!
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| Jun 12, 2021 | No longer available | - | |
| No longer available | |||
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About Riverside
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017