321 W Menomonee Street
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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.
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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 |
|---|---|---|---|
| Aug 24, 2020 | Sold | ||
| Sold | |||
| Jun 23, 2020 | Listed by @properties | $4,500,000 | |
| Listed by @properties | |||
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One-of-a-kind double lot home in Old Town that has been completely transformed from an original Dairy Farm into a loft like, chic city home. The owners spent nearly two years rebuilding the home into a modern day masterpiece. The renovation was completed by LG Development and top nationwide designers and architects. A grand foyer welcomes you into the home. Your eyes are immediately drawn through the home to the south facing windows overlooking the green backyard. The completely open living, dining rooms, and sitting rooms span the entire width of the home, a perfect place to entertain both indoors and out. The kitchen is also open to the entertaining space and features high end custom cabinetry, quartz countertops, and top end appliances including two refrigerator drawers, three ovens, and amazing counter space in this modern day kitchen. The space is flooded with light with a two-story ceiling and fabulous skylights. A spacious butler's pantry offers ample storage and additional beverage refrigeration. The main level is completed by a library, designer powder room, and a bedroom suite with a private entrance- perfect for a nanny or in-law quarters. Take one of two staircases to the second level where four ensuite bedrooms will make the most discriminating buyer smile. The master suite faces south and features the most sumptuous bath and dual closet/dressing rooms to envy. The three secondary bedrooms are all nicely sized, offer great closets, and attached baths. A bedroom level family room overlooks the kitchen and is the perfect spot to gather informally. A second powder room and a well appointed laundry room can also be found on the second floor. Access to the roof is also from this space.The fully enclosed backyard features turf grass for year round greenery and two paved patio spaces. The yard can be accessed through three sets of oversized French doors for true indoor-outdoor living. A centrally located huge attached garage and a partial basement for storage complete this phenomenal home. Located in the perfect Old Town location, you are walking distance to the lake, farmer's market,zoo, parks, and plenty of shopping and dining.
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| Oct 16, 2017 | Sold | ||
| Sold | |||
| May 30, 2017 | Listed by Baird & Warner | $3,450,000 | |
| Listed by Baird & Warner | |||
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About Central Chicago
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017