4516 Drendel Road
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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%.
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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 |
|---|---|---|---|
| May 10, 2024 | Sold | ||
| Sold | |||
| Mar 21, 2024 | Listed by Keller Williams Infinity | $400,000 | |
| Listed by Keller Williams Infinity | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Sep 16, 2020 | In contract | - | |
| In contract | |||
| Sep 10, 2020 | Listed | $300,000 | |
| Listed | |||
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4 bedrooms? Check. Downers Grove North? Check. Walk to train? Check. Updated top to bottom? Check. Premier location, rarely available at this price point. Sophisticated, chic, spectacular. Perfectly situated, offering privacy in a family friendly neighborhood. Architecturally designed to capture ultimate natural light. Open floor plan w walls of windows overlooking sublime, sweeping views. Gleaming floors, designer decor. Culinary kitchen w custom cabinetry, high end stainless appliances, butler pantry, walk in pantry, stainless and granite. Fabulous family room with fireplace. Generous sized bedrooms w ample closet space. Master suite with dual closets, with room sized walk in closet! Updated baths renovated in today's colors and finishes. Awe inspiring fenced yard is 248 feet deep. Enjoy the built in firepit, deck, paver patio. Newer roof, all appliances, lighting, floors, closet organizers, tankless hot water heater, kitchen and baths remodeled last 5 years. 2.5 car garage. Public water and sewer. Award winning schools. Parks and Belmont Prairie just steps away. This home definitely checks all the boxes, indeed! **MULTIPLE OFFERS RECEIVED** The manager has listed the unit size as 2000 square feet.
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About Downers Grove
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017