474 Forestway Drive
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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 |
|---|---|---|---|
| Jul 12, 2024 | Sold | ||
| Sold | |||
| Jun 20, 2024 | In contract | - | |
| In contract | |||
| Jun 12, 2024 | Listed by RE/MAX Suburban | $430,000 | |
| Listed by RE/MAX Suburban | |||
| Mar 11, 2024 | Sold | ||
| Sold | |||
| Dec 9, 2023 | Listed by F.J. Williams Realty LLC | $355,000 | |
| Listed by F.J. Williams Realty LLC | |||
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Welcome to this delightful 3-bedroom, 2-bathroom residence, ideally situated in the highly coveted Buffalo Grove neighborhood. boasting an exceptional location with Henry W. Longfellow Elementary School right behind the property, Additionally, the middle school and high school are conveniently located within walking distance, providing easy access to excellent educational opportunities. This home features a warm and inviting living space, perfect for family gatherings and relaxation. The spacious bedrooms offer comfortable accommodations and ample storage space. Step outside to find a lovely backyard, a tranquil space for outdoor activities and relaxation. It's a perfect spot for weekend barbecues, gardening, or simply enjoying the beautiful surroundings. Moreover, this home is just a short drive from a variety of shopping destinations, offering everything from daily necessities to unique boutiques. And for those commuting or seeking adventures further afield, the proximity to Interstate 90 is a significant plus, providing easy access to the greater Chicago area and beyond. this property offers a blend of comfort, convenience, and community, making it an ideal choice for anyone looking to make their home in Buffalo Grove. Don't miss the opportunity to own this wonderful home in a sought-after location!
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About Buffalo Grove
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017