2N455 LaFox 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 |
|---|---|---|---|
| Jan 12, 2024 | Sold | ||
| Sold | |||
| Aug 17, 2023 | Listed by RE/MAX Suburban | $675,000 | |
| Listed by RE/MAX Suburban | |||
| Aug 3, 2023 | No longer available | - | |
| No longer available | |||
| Jul 27, 2023 | Listed by RE/MAX Suburban | $700,000 | |
| Listed by RE/MAX Suburban | |||
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Located in the tranquil surroundings of Elburn, Illinois, this remarkable 4-bedroom ranch-style home with a fully finished walkout basement and an equine-ready barn is now listed on the MLS. Boasting a spacious floor plan of 1,979 sq. ft. on the main level, coupled with an additional 1,979 sq. ft. in the walkout basement, this home provides a perfect blend of style and comfort. The house comprises four spacious bedrooms, three on the main floor and the fourth in the basement. Notably, the basement bedroom is connected to a secret room via a closet entrance, lending a touch of intrigue to the property. The home features 3.1 meticulously updated bathrooms and a stylishly modernized kitchen equipped with an advanced drinking water system that also services the basement and refrigerator. The entire home, including the kitchen and bathrooms, was freshly painted in 2022, enhancing the bright and contemporary ambiance. Inside, you'll find a spacious recreation room, a convenient laundry room, and a hobby room with a practical doggie door leading outdoors. The basement includes a cozy sitting area complete with built-in bookshelves, perfect for quiet relaxation or intellectual pursuits. Significant updates to the property include a new roof and gutters installed in 2019 and the addition of a new furnace and air conditioning system in 2021, ensuring year-round comfort. Outdoor highlights include a lovely deck offering panoramic views of the 30x60 barn and a warm fire pit in the backyard. The barn itself is a delight for equine enthusiasts, furnished with stalls, a wash rack, a tack room, and a specially designed cattle cooler. From the deck, you can enjoy clear views of local fireworks during the summer, adding a delightful touch to the property's outdoor living experience. Custom California Closets are fitted throughout all closets, the pantry, and the hallway for optimal organization. A notable point is that the property's owner is a licensed REALTOR in Illinois, which can provide potential benefits for buyers. Combining modern amenities with a touch of rural charm, this property presents an enticing opportunity to own a piece of Elburn's scenic countryside. Interested buyers are encouraged to book a viewing to fully appreciate the beauty and tranquility this unique property offers. The manager has listed the unit size as 1997 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017