311 Gale Avenue
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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%.
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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 |
|---|---|---|---|
| Feb 28, 2022 | Sold | ||
| Sold | |||
| Jan 19, 2022 | Listed by @properties | $689,000 | |
| Listed by @properties | |||
| | |||
|
Cassic River Forest home in outstanding neighborhood and location! Solid, well built brick Georgian, move in condition. New tear off roof, gutters, soffit-fascia that include gutter guards. All new appliances. Painted in clean, simple colors. Hardwood floors throughout. Updated kitchen with stone counter top and glass back splash. Updated second floor full bathroom with separate shower and tub with dual tile design. Installed new Kohler shower system. Lovely three season room off living and dining rooms with access to back yard. Finished basement with neutral colors and newer carpeting. New interior drain tile system with sump pump and battery back up. Installed New radon mitigation system. Newer windows throughout. New code entry deadbolt lock on side door. Poured new concrete garage floor. Pretty parcel of land with lots of mature trees. 2 car garage with side drive. Walk to anywhere River Forest location; to schools, Metra trains, shopping and dining. Huge lot is 50' wide x 187' deep with newly fenced-in yard. Only a half block walk to the Metra trains and Keystone Park with tennis/pickle ball courts, kids park, sledding hill, baseball and soccer fields and open green space for relaxing. Close to dining, shopping and entertainment.
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| Aug 11, 2021 | Sold | ||
| Sold | |||
| Mar 22, 2021 | Listed by RE/MAX In The Village | $675,000 | |
| Listed by RE/MAX In The Village | |||
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About River Forest
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017