348 Elk Boulevard
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 |
|---|---|---|---|
| Dec 28, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Nov 7, 2024 | Listed by Century 21 Universal | $479,900 | |
| Listed by Century 21 Universal | |||
| Aug 23, 2024 | Sold | ||
| Sold | |||
| Jul 30, 2024 | In contract | - | |
| In contract | |||
| Jul 26, 2024 | Listed by RE/MAX Suburban | $295,000 | |
| Listed by RE/MAX Suburban | |||
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Opportunity knocking here! Must see this 3 bedroom, 2 bath, brick ranch. Full basement with workshop, den or bedroom. 2 car detached garage. Nice kitchen and large eating area. Newer furnace & A/C, newer water heater, hardwood floors, large deck off rear of home for relaxing or grilling. Quiet cul-de-sac street close to Metra and shopping. Home needs work, but great bones. Sold "As Is"
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About Des Plaines
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017