385 ADDISON Road
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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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jun 11, 2020 | In contract | - | |
| In contract | |||
| Jun 5, 2020 | Listed | $435,000 | |
| Listed | |||
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English brick charmer in the historic Village of Riverside, 11 miles to Chicago. Multiple living spaces make this home unique. Move in ready with two full baths and three beds on the main floor. Living room with fireplace and separate dining area. The large family room has direct access to backyard. Plus fully finished basement with new carpet. There are currently three bedrooms on the first floor and a 4th bedroom/office space/sitting room on the second floor, current owners used an office and guest room. The current master bed could be converted to office space and move the master to the second floor. Plenty of possibilities to make this home work for your specific needs. Ample closet space throughout, including two cedar closets. Beautiful large back yard with deck to entertain, garden and enjoy the outdoors. Great location, .5 mile to Metra, schools, parks and downtown area. The manager has listed the unit size as 1660 square feet.
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| Aug 31, 2007 | Sold | ||
| Sold | |||
| Feb 21, 2007 | Listed by Gaslight Realty | $359,000 | |
| Listed by Gaslight Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017