3041 W 6940n 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 |
|---|---|---|---|
| Apr 5, 2023 | Sold | ||
| Sold | |||
| Feb 10, 2023 | Listed by Berkshire Hathaway HomeServices Speckman Realty | $324,900 | |
| Listed by Berkshire Hathaway HomeServices Speckman Realty | |||
| Nov 15, 2022 | No longer available | - | |
| No longer available | |||
| Sep 7, 2022 | Price Decreased |
$330,000
↓ $10K
(2.9%) | |
| Price Decreased | |||
| Aug 15, 2022 | Listed by Chicagoland Brokers, Inc. | $339,900 | |
| Listed by Chicagoland Brokers, Inc. | |||
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Beautifully landscaped property on 2 acres of land. Imagine yourself relaxing on the porch with beautiful sunrises and sunsets while having your horse eating grass. You can't ask for a more peaceful and serene backdrop. You are allowed one horse on the property per Kankakee county law. The house consists of 3 bedrooms 2 bath on the main level and a recreation room and another bathroom in the basement. Large storage room for all your holiday decorations as well as a laundry room. Kitchen and bathrooms were recently rehabbed. Feldco windows throughout with a lifetime warranty. Park your cars in the 2 1/2 car attached garage with space enough for guests to park in the double driveway. There is also a large in area for your dog. Large storage shed to store all your tools. About 10 minutes away from main shopping area and restaurants. Also ten minutes away to trail riding at Kankakee State Park and 5 minutes away from I-57. You will not be disappointed with this property!! . The manager has listed the unit size as 1563 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017