$1,100,000
●
House -
Off Market
434 ELDER Lane
Winnetka, IL 60093
4 Beds
5 Baths,
1
Half Bath
$7,656
Est. Monthly
2.05%
Cap Rate
About This Property
Wonderful home in prime east Winnetka location near schools, train
and Lake Michigan! This ideal location is 2 blocks to Elder Beach,
an easy walk to Greeley Elementary and New Trier High School, 2
blocks to an incredible bike/running/walking path and a 5 minute
walk to the Indian Hill Train station. This beautiful home has been
lovingly maintained and offers four floors of living, high
ceilings, large rooms and an easy flow through all the rooms that
make a house work for today's requirements. First floor features
large family room, formal dining room, updated kitchen, office and
sunny mudroom/sunroom. The second floor offers a large primary
suite with private office and full bath plus two additional
bedrooms and a hall bath. The third floor retreat has a large bonus
room and spacious bedroom plus full bath. The lower level includes
a rec room, full bath, loads of storage and laundry. The back patio
and yard (southern-facing) are idyllic and the newer 2++ garage
with storage area for bikes and lawn equipment is fabulous! This
home sweet home exudes charm ....all in an ideal location!
Unit Size
-
Days on Market
-
Land Size
0.20 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,817
HOA Dues
-
Year Built
1921
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 years ago (MRED MLS #11935604)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 2, 2024 | Sold | ||
| Sold | |||
| Nov 24, 2023 | No longer available | - | |
| No longer available | |||
| Nov 22, 2023 | Listed by Compass | $1,189,000 | |
| Listed by Compass | |||
| Oct 2, 2023 | No longer available | - | |
| No longer available | |||
| Sep 29, 2023 | Listed by Compass | $1,189,000 | |
| Listed by Compass | |||
| | |||
|
Wonderful home in prime east Winnetka location near schools, train and Lake Michigan! This ideal location is 2 blocks to Elder Beach, an easy walk to Greeley Elementary and New Trier High School, 2 blocks to an incredible bike/running/walking path and a 5 minute walk to the Indian Hill Train station. This beautiful home has been lovingly maintained and offers four floors of living, high ceilings, large rooms and an easy flow through all the rooms that make a house work for today's requirements. First floor features large family room, formal dining room, updated kitchen, office and sunny mudroom/sunroom. The second floor offers a large primary suite with private office and full bath plus two additional bedrooms and a hall bath. The third floor retreat has a large bonus room and spacious bedroom plus full bath. The lower level includes a rec room, full bath, loads of storage and laundry. The back patio and yard (southern-facing) are idyllic and the newer 2++ garage with storage area for bikes and lawn equipment is fabulous! This home sweet home exudes charm ....all in an ideal location!
| |||
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Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
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Sold On
Sold On
HOA + Taxes
About Winnetka
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Listed by: Joanne Hudson, Compass
Last Updated: 3 years ago
Data Source: MRED, MLS# 11935604
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11935604
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