400 Romona Road
About This Property
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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.
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 |
|---|---|---|---|
| Jun 4, 2024 | Sold | ||
| Sold | |||
| May 15, 2024 | Listed by Baird & Warner | $499,900 | |
| Listed by Baird & Warner | |||
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**Multiple Offers Received! Highest & Best due Monday (5/20) by 5pm**Nestled on a tranquil, tree-lined cul de sac in coveted Wilmette, this sunny 3-bed, 2-bath home has undergone a thorough renovation! Move right in and enjoy a spacious, open layout, featuring all-new flooring, recessed lighting, new fixtures, and updated interior doors throughout. The heart of this home is the newly finished kitchen including SS appliances, sleek cabinetry, and ample counter space. Entertain effortlessly in the adjacent dining area or retreat to the inviting family room on the lower level, complete with a cozy fireplace, new flooring, insulation, and a fully renovated bathroom. Upstairs, each well-sized bedroom offers a serene escape with plush new carpeting, while the updated bathroom boasts modern fixtures and a new vanity. Step outside to a large, landscaped yard, where you'll find a newly power-washed exterior, freshly painted siding, new overhead garage door and motor, and a spacious lot perfect for outdoor entertaining. Other major updates include a new electric panel, new energy-efficient double-hung windows, new exterior doors (including the garage side door!), fresh tuckpointing, a new washer/dryer, and so much more! Enjoy suburban living and the wonderful community of Wilmette with easy access to the city in this prime location. Just a short walk to highly-rated Romona Elementary AND Wilmette Junior High! Don't miss your chance to make this renovated gem your forever home.
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| Dec 19, 2023 | Sold | ||
| Sold | |||
| Nov 14, 2023 | Listed by Vylla Home | $390,000 | |
| Listed by Vylla Home | |||
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About Wilmette
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017