38W175 S WATER 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 |
|---|---|---|---|
| Sep 14, 2023 | Sold | ||
| Sold | |||
| Feb 3, 2023 | Listed by Stoll Real Estate | $938,000 | |
| Listed by Stoll Real Estate | |||
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This might be the best home ever built in 60124. Brand new construction home sitting on a beautiful 1.46-acre lot. The home is pristine and never lived in, but 100% move-in ready with a jaw-dropping number of amenities. The home itself has close to 3,000 sq ft of finished living space with another whopping 2,724 deep-pour unfinished basement. The master suite features a connected bathroom with a dual vanity quartz countertop, a walk-in shower with an integrated soaking tub, and timeless marble floor tiles. Through the bathroom is a 156 sq ft walk-through closet with custom cabinetry and built-ins. The main living space is a sprawling open concept with the kitchen, family room, and dining room, all harmoniously connected. The gourmet kitchen is fit for a chef with high-end stainless steel appliances, a wall-mounted range hood, pot filler, and a two-tone island complimenting the primary cabinets and countertops. Slow-closing cabinets and drawers are featured throughout the home, including the laundry area and butler's pantry. The butler's pantry comes with a wet bar, a wine fridge, and an attached walk-in pantry. The family room is fit for both relaxation and entertainment any season of the year. The spacious family room has a gas fireplace surrounded by built-in shelving, luminous can lights, a state-of-the-art surround sound speaker system, and lovely French doors whisking you away to the large covered back patio. The workmanship and custom millwork can be seen throughout the home. With stunning crown and architrave molding, chair rail and wainscotting, and other incredible architectural details throughout, this home was built with skill and love. This home was constructed for modern living - with a central open concept that blends into privacy on the fringes for work, study, etc. The builder achieves this brilliantly with separate smart thermostats for each bedroom and separate built-in speaker controls for each room of the house. The location is magnificent - a little bit country and a little bit city. On the edge of Elgin's popular Providence subdivision, you are just minutes from RT20, Randall Rd, and tons of shopping, dining, and entertainment. The home sits in the 301 school district, so you will have access to excellent schools. I90 is just 10 minutes away.
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| Dec 2, 2021 | Sold | ||
| Sold | |||
| Aug 11, 2021 | Listed by REMAX Horizon | $415,000 | |
| Listed by REMAX Horizon | |||
| Sep 23, 2020 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017