3121 Old McHenry 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 |
|---|---|---|---|
| Jul 1, 2021 | Sold | ||
| Sold | |||
| Apr 15, 2021 | Listed by Berkshire Hathaway HomeServices Starck Real Estate | $2,199,000 | |
| Listed by Berkshire Hathaway HomeServices Starck Real Estate | |||
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This beautiful home with an abundance of architectural finishes has it all!! Totally new construction in historic Long Grove area! Situated on seven secluded acres and sprawling 9,700 SF of living space with an abundance of natural sun light. Featuring five large bedrooms all featuring ensuites and each having each own unique illuminated tray ceiling making each room a nighttime retreat. All brick and stone home gives you the life of luxury with its magnificent finishes and master craftsmanship. This house comes complete with gleaming hardwood and marble floors, spacious stone archways, beam ceilings, crown molding. The heart of this home is a gourmet kitchen with an abundance of custom built cabinets, quartz countertops, Thermador stainless steel appliances, large island & exquisite lighting. A large patio off the luxurious kitchen for outdoor entertaining. The first floor features a large family room with a wood burning, gas fireplace, formal dining room, formal living room/office and bedroom with a full bathroom. Upstairs you can escape to the superior primary suites relaxing retreat with a freestanding soaker tub, walk in shower, double vanities and beautiful deck off the primary bedroom overlooking the wooded area. The masterfully finished basement boasts an open floor plan, wood/gas fireplace high ceilings, a room prepped for a sauna, exercise room and data room wired for your buyers creative entertainer ideas! Three HVAC zoned systems. Heated 5-car garage with an outlet for an electric car, that leads to the large mudroom with ample storage and laundry room. Home is equipped with an alarm, intercom & central vacuum system - this house is definitely a smart home! You'll find a relaxing retreat in this beautiful property.
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| Jul 21, 2017 | Sold | ||
| Sold | |||
| May 9, 2017 | Listed by RE/MAX Showcase | $359,900 | |
| Listed by RE/MAX Showcase | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017