3 Split Rail
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 |
|---|---|---|---|
| Mar 12, 2025 | Sold | ||
| Sold | |||
| Feb 19, 2025 | In contract | - | |
| In contract | |||
| Jan 16, 2025 | Price Decreased |
$1,199,000
↓ $50K
(4%) | |
| Price Decreased | |||
| Jan 14, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Dec 27, 2024 | Listed by Coldwell Banker Realty | $1,249,000 | |
| Listed by Coldwell Banker Realty | |||
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A rare opportunity to own an estate that offers over 3 acres of serene land that backs up to the lush forest preserve in the prestigious Equestrian Estates. This was the original developer of Equestrian Estates personal residence. Encompassing an impressive 7,500 square feet, this sun-drenched home is perfect for those who love to entertain, showcasing unmatched architectural details and amenities. Step inside to be greeted by unparalleled stone work, soaring vaulted ceilings, four grand fireplaces, and a spectacular great room complete with an elegant bar and a dramatic stone fireplace. This home has plenty of open living space, a large eat in kitchen and rooms for all to call home and relax. The expansive first floor primary suite provides a private retreat, complemented by a spacious loft and a very large bathroom. Fully finished ground level lower floor that seamlessly extends to an outdoor patio with an inviting in-ground pool. Indulge in radiant heated floors, a wine cellar ready to house an extensive collection, game rooms for pool and ping pong enthusiasts, a full gym, sauna, and spa. Additional highlights include updated lighting throughout, an oversized three-car garage with a fresh epoxy floor, central vacuum system, new boiler, 3 of 4 new AC spacepak systems, and a recently redone driveway plus an entire new roof. Outdoors, the property is enveloped in mature landscaping, creating a personal oasis perfect for relaxation or hosting gatherings. Situated on a quiet cul-de-sac, this hidden gem offers privacy and tranquility. The home has great bones and many updates, but can use some TLC on cosmetic finishes. The Equestrian Estates neighborhood is enriched by one of Illinois' oldest working farms and horse stables and is surrounded by an array of premier golf courses. Enjoy the balance of nature and convenience, with ample shopping and entertainment options just minutes away. ***Easy to show with notice, owner has two guard Doberman dogs agent will get out. ***
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017