310 W Rand 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 |
|---|---|---|---|
| Jul 6, 2022 | Sold | ||
| Sold | |||
| Dec 28, 2021 | Sold | ||
| Sold | |||
| Nov 9, 2021 | Listed by Lohan Realty, Inc. | $378,000 | |
| Listed by Lohan Realty, Inc. | |||
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Welcome to your dream home, featuring recent renovation including roof, gutters, siding, windows, HVAC, electric, boiler, plumbing, sump pump. Stunning bright kitchen with tons of cabinets, very large island with a second sink, bar height counter, and a separate eating area. Amazing sunny family room with vaulted ceilings which can also be used as a bedroom if needed. Enjoy the fully finished basement with large entertainment room and an additional bedroom. Newly stained large deck overlooking the lush yard with double sided pizza oven/fireplace. Home is sitting on a majestic almost 1/2 acre park like setting with space already designated for a garden where you can plant your own veggies. Two car garage, additional storage in the oversized shed! A true master piece! Must See!
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| Nov 16, 2020 | Listed by Berkshire Hathaway HomeServices Chicago | $749,500 | |
| Listed by Berkshire Hathaway HomeServices Chicago | |||
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INCREDIBLE DEVELOPMENT OPPORTUNITY ON A 2.33 ACRE PARCEL WITH 150' OF PRIME RAND ROAD FRONTAGE IN BOOMING ARLINGTON HEIGHTS CURRENTLY ZONED (B-2) FOR BUSINESS/MIXED USE ALLOWING ROUGHLY 28 RESIDENTIAL UNITS ABOVE COMMERCIAL SPACE FOR OUTSTANDING RESALE/CASH FLOW POTENTIAL; SEVERAL NEW/NEWER RESIDENTIAL DEVELOPMENTS NEARBY; EXCELLENT RETAIL AND RESTAURANT CORRIDOR; TOP RATED SCHOOL DISTRICTS; 8 MINUTES TO METRA; CALL YOUR ARCHITECT!
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| Feb 22, 2017 | Sold | ||
| Sold | |||
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About Mount Prospect
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017