4800 Pershing Avenue
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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.
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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 |
|---|---|---|---|
| Jan 29, 2024 | Sold | ||
| Sold | |||
| Oct 5, 2023 | Listed by Realty Concepts | $825,000 | |
| Listed by Realty Concepts | |||
| | |||
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INSTANT EQUITY, Recently appraised for $885K. This 1920 bungalow has been given the breath of new life! a complete remodel and addition has created a modern flowing layout with exciting fresh updates while maintaining the charm and style of a historical home! The completely new, custom build, second floor addition as doubled the living space to a total of 2810 and added 3 bedroom, 2 full baths, walk-in closets, and large upstairs laundry room. The amazing primary suit has a fabulous bathroom with double sink, walk-in closet, and beautiful attached sunroom/office/reading room lined with bright windows and tree-top views. The 1st floor level features a stucco exterior with gorgeous welcoming front porch complete with tapered craftsman style columns. The entry features an enclosed mudroom with tiled floor conveniently located close to the main garage. Inside has all new insulated easy clean/tilting windows, recessed lighting, classic craftsman trim, brick fireplace flanked by vintage glass door bookcases, custom bead board panel accents, coat closet, original vintage picture rail molding, 9 foot ceilings, solid white oak flooring and possible 4th bedroom or 1st floor office! You'll love the bright ALL NEW kitchen with stainless steel appliances, high quality 48" maple cabinets, soft close hinges and drawers, under cabinet lighting, quarts counter tops, butler's pantry, peninsula with pendent lights, and a lovely eat-in sun room adjacent to the kitchen. This charming home has it all on a large corner lot with nature trees and 2 car garage. PLUS - HUGE BONUS-GARAGE #2- a hard to find 27 x 28 second garage is located on the back of the lot with separate access driveway. Excellent Downers Grove location for commuters. Near schools, parks, shopping, dining, and much more. MOTIVATED SELLER
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| Oct 31, 2022 | Sold | ||
| Sold | |||
| Aug 2, 2022 | Listed by Keller Williams Infinity | $325,000 | |
| Listed by Keller Williams Infinity | |||
| Jul 2, 2022 | No longer available | - | |
| No longer available | |||
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About Downers Grove
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017