3N098 Freeland 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 27, 2024 | Sold | ||
| Sold | |||
| Aug 26, 2024 | In contract | - | |
| In contract | |||
| Apr 24, 2024 | No longer available | - | |
| No longer available | |||
| Apr 22, 2024 | Listed by Hometown Real Estate | $1,099,900 | |
| Listed by Hometown Real Estate | |||
| Jan 2, 2024 | Listed by Hometown Real Estate | $1,200,000 | |
| Listed by Hometown Real Estate | |||
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Welcome to this serene property on 15.36 acres, conveniently located near Elburn. This property has many beautiful trees, bushes, perennial gardens, and a fish pond. This custom home was completely remodeled in 2013. The house's exterior was completely upgraded, and the beautiful wrap-around porch highlights the stunning east and west sunrises and sunsets. The home interior features a chef's kitchen with Alder cabinets, granite countertops, stainless steel appliances, and a large island. The kitchen is open to the family room with soaring ceilings and a gorgeous quadra-fire fireplace that can provide heat for the whole house. The first floor also has a separate dining room, first-floor bedroom, and full bathroom. The second floor has a primary bedroom with a full bathroom and a spacious closet. The basement is finished with a rec room and an office/ or third bedroom. Everything in the home was upgraded in 2013: Roof, siding, Anderson windows, Insulation, electrical, plumbing, kitchen, bathrooms, flooring, trim, and paint. A whole house generator also powers the barn. Paver patio 2023. The oversized 3-car garage was built in 2017. The property is an animal lover's dream. The 90 x 100 barn features a new roof in 2015, eight stalls, paver walkways (2023), an office with a fireplace, a 28 x 28 workshop/mechanical/ maintenance room with heat and air conditioning, and an indoor riding arena. Outside are two fenced-in pastures ( new fencing 2015), an enclosed chicken coop, and a peacock enclosure. A 40 x 60 pole barn built in 2019 with electricity has multiple uses, including cars, equipment, storage, and more animals. Room for more pastures and Hay. Very convenient location. The Elburn Metra station is 10 minutes away, and shopping on Randall Rd is only 14 minutes away. The manager has listed the unit size as 1339 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017