311 Langley Drive
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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 |
|---|---|---|---|
| Jun 15, 2022 | Sold | ||
| Sold | |||
| Apr 9, 2022 | No longer available | - | |
| No longer available | |||
| Apr 8, 2022 | Listed by RE/MAX Destiny | $550,000 | |
| Listed by RE/MAX Destiny | |||
| Mar 24, 2022 | Listed by RE/MAX Destiny | $579,900 | |
| Listed by RE/MAX Destiny | |||
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Great opportunity to own this gorgeous home completely remodeled from top to bottom with high end renovations! Walk right into a beautiful foyer leading you to living room with gleaming wood floors & skylights bringing tons of natural lighting throughout the home. Chefs kitchen featuring high end stainless steel appliances, 42 in cherry cabinets, & granite countertops. Dining room is steps away from kitchen , perfect for entertaining. Extra sliding door added to make for easier access to backyard. Upper level offers three spacious bedrooms with custom closets, wood flooring throughout and luxurious bathrooms. Almost 3000 square feet of living space including a finished sub basement turned into a workout room or could be changed to your liking. Home sits on a nice size lot, newer large patio & epoxy flooring in garage. Excellent school district. Walking distance to elementary school. Nothing better than being conveniently located to parks, shopping, dining & highways! Remodel also included new sliding doors, baseboards, interior and exterior doors, light fixtures. Furnace 2019, Humidifier 2019. The manager has listed the unit size as 2862 square feet.
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About Schaumburg
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017