3418 Forest Ridge Drive
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Mar 6, 2025 | Sold | ||
| Sold | |||
| Feb 16, 2025 | In contract | - | |
| In contract | |||
| Dec 2, 2024 | Listed by Fulton Grace Realty | $549,900 | |
| Listed by Fulton Grace Realty | |||
| Oct 31, 2022 | Sold | ||
| Sold | |||
| Jul 5, 2022 | Listed by @properties Christie's International Real Estate | $525,000 | |
| Listed by @properties Christie's International Real Estate | |||
| | |||
|
CUSTOM EXPANDED RANCH IN FOREST RIDGE ESTATES OF SPRING GROVE! Timeless architectural appeal graces the exterior of this home that is situated beautifully on a premium, wooded 1+ acre lot. Nestle yourself in the luxury of this home that has been meticulously maintained and sure to please! Enter the foyer and instantly notice the soaring ceilings, the abundance of windows offering picturesque views and the floor to ceiling fireplace. A formal dining room with trayed ceiling and den are conveniently located off the foyer. The gourmet kitchen boasts plenty of cabinetry, granite countertops, high end stainless appliances and a breakfast bar overlooking the eating area. The adjoining eating area leads to the screen room that will keep those pesty mosquitos away while you take in all the scenic views. A door leads to a maintenance free deck. Back inside you will love the convenient split bedroom floor plan! The primary ensuite is the perfect size and adorned with a tray ceiling, that leads to the ensuite featuring a separate shower, Jacuzzi tub, double bowl vanity and a walk-in closet. On the opposite end of the home, two spacious bedrooms are serviced by a hall bath. The laundry room and guest bathroom complete the main level. Head downstairs and you will be amazed with the walkout basement that feels like it is never ending! This is truly a walk out and drenched with sunlight because the entire N side of the home is exposed, as well as windows on the East and West side of the home (it does not even feel like a basement). This space is awaiting your creative finishing touch, or maybe just use it for storage!? Enjoy sliding doors from the lower level that leads to a patio, perfect for summer BBQ's. The High-End speaker system has been installed throughout the home to enjoy music day to day and special occasions. Outside, you will love the professionally manicured yard that offers a sprinkler system to keep everything in tip-top shape! Forest Ridge Estates is highly sought after and was strategically designed around natural woodland and wetlands to afford the opportunity to enjoy the sun-dappled walking trails, as well as enjoy the wooded privacy and bountiful wildlife. NEWER ROOF! Spring Grove is a hidden gem! Home to award winning schools, state championship sports teams, gorgeous views and friendly people! Located approx. 50 mins from O'Hare and Milwaukee Airports, 15 minutes from the Metra. Minutes from Lake Geneva, shopping and recreational fun!
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017