3803 Oak Avenue
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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 |
|---|---|---|---|
| Jan 16, 2025 | Sold | ||
| Sold | |||
| May 28, 2024 | Listed by GNP Realty Partners, LLC | $499,000 | |
| Listed by GNP Realty Partners, LLC | |||
| Mar 27, 2023 | Sold | ||
| Sold | |||
| Nov 14, 2022 | Listed by @properties Christie's International Real Estate | $425,000 | |
| Listed by @properties Christie's International Real Estate | |||
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Incredible opportunity to renovate, expand, tear down to build your dream home, purchase for your rental investment portfolio, or simply enjoy this adorable 3 bedroom ranch. Home is sold "As Is" and Value is in the land. Picturesque oversized exceptional .71 acre wooded lot, with 100 feet of frontage and 300 feet of depth, boasting 30,813 square feet. Extraordinary resort like property abutting the beautiful 10th green of the Mission Hills Golf Course. Drive the area and you'll be amazed at this beautiful neighborhood comprised of primarily newer luxury million dollar plus homes. This prime lot is 100 feet deeper than other properties in the area which are .5 acres or less. Adjacent to the west is a 66 feet wide x 300 feet deep vacant grassy public right of way which has always been vacant. It serves as a lovely buffer from the home to the west and can be used to play softball, soccer, volleyball, hockey, etc. The property has the ability to be hooked up to Lake Michigan water since a connection was placed throughout unincorporated Oak Avenue approximately 10 years ago. Located in top rated District 27 Northbrook schools, just minutes away from Chicago Executive Airport, schools, parks, golf courses, expressways, shopping, train, restaurants and more. The existing home offers a charming living room with wood burning fireplace, separate dining room, efficient kitchen ( that could be opened to living room and dining room), laundry room with sink, sunbathed family room with panoramic backyard vistas from 3 walls of windows, plus door to patio. Primary bedroom with 1/2 bath and west wing with 2 bedrooms and full bath. An abundance of opportunities await! Unincorporated Northbrook. Hickory Point Elementary, Wood Oaks Junior High and Glenbrook North High School. Taxes are $6,169. Seller prefers possession until June 1 - October 1, 2023.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017