298 Otis Road
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 |
|---|---|---|---|
| Jul 13, 2023 | Sold | ||
| Sold | |||
| Mar 15, 2023 | Listed by Coldwell Banker Realty | $429,000 | |
| Listed by Coldwell Banker Realty | |||
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Beautiful, private Barrington Hills 5+ acre home site. The property is set back from Otis Road, and accessed by a long tree lined paved drive. Over $50K was spent on clearing all buckthorn/trees from the lot. You can bring your own builder to built your home to your specifications. Enjoy the country life and amenities of Barrington Hills and the close proximity to shopping, restaurants, District 220 schools, and the Metra train in downtown Barrington.
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| Jan 3, 2022 | Sold | ||
| Sold | |||
| Sep 1, 2021 | Listed by @properties | $349,900 | |
| Listed by @properties | |||
| Sep 19, 2019 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017