3807 Olde Bourbon Lane
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 |
|---|---|---|---|
| Apr 23, 2021 | Sold | ||
| Sold | |||
| Mar 9, 2021 | Listed by Keller Williams Realty | $459,000 | |
| Listed by Keller Williams Realty | |||
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This immaculate home is a rare gem in Oak Forest, adjacent to a highly coveted yard space that's ~1,000 sf (per seller). Per seller, this home is one of the largest lots in the Bourbon Court community, and in addition to the attached 2-car garage, there is space in the drive for 2 dedicated guest parking spaces. If that wasn't enough, this home is appointed with luxury finishes, hardwood oak floors, soaring 14 ft ceilings, and an open-concept floor plan. The kitchen features beautiful stone countertops, a large stainless steel farmer's sink, and high-end stainless steel Thermador appliances. For those working from home, the space originally intended to be the breakfast nook makes a great office / study. The primary suite features a large walk-in closet, standalone shower, and standalone tub. Each of the bedrooms has an ensuite bath. Home is currently smart-home enabled. Never flooded and no damage sustained during winter storm Uri. This home really has it all!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017