387 Sunset Road
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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jun 21, 2020 | In contract | - | |
| In contract | |||
| Jun 18, 2020 | Listed | $750,000 | |
| Listed | |||
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This classic brick and stucco English style home has been meticulously maintained, beautifully decorated, and is ideally located in East Winnetka near The Lake and schools. The updated KITCHEN features granite counters, Shaker style cabinets, and a breakfast Bar. Gracious formal LIVING ROOM has oversized crown molding, fireplace with marble surround and hearth, built-in bookcases, and French doors leading to a sunroom. Elegant DINING ROOM has oversized crown molding. FAMILY ROOM has built-in cabinets and shelves. The FIRST FLOOR also features a bedroom, an updated full bath, and hardwood floors throughout. The SECOND FLOOR has three large bedrooms, an updated hallway bathroom, and a loft area. BASEMENT features a spacious recreation room with recessed lighting, exercise room, and an updated full bath. House was fully waterproofed in 2017 by Permaseal with drain tiles, sump pump, vapor barrier, and exterior French drains. The MECHANICAL SYSTEMS have been extensively updated and include a new Crown boiler (2017); two new Space Pac central air condensers and blowers (2017); new water heater (2017); new Gutters and downspouts (2017); new security system (2017); and a new copper water line into the home. OUTSIDE the home has a large new deck for entertaining (2017), paver patio, new fence (2019), sprinkler system and great outdoor lighting. The big newly landscaped YARD has great space for sports and family activities. Exceptional LOCATION on a beautiful, tree lined street of stately homes in East Winnetka. One block walk to both Greeley and New Trier Schools. Short walk to Elder Lane Beach/Park, Centennial Park and the Lake. Near the Indian Hill Metra train stop, shops and restaurants.
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| Sep 22, 2019 | No longer available | - | |
| No longer available | |||
| Jul 23, 2019 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017