4856 S CHAMPLAIN Avenue #2N
About This Property
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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 |
|---|---|---|---|
| Jan 19, 2024 | Sold | ||
| Sold | |||
| Dec 20, 2023 | No longer available | - | |
| No longer available | |||
| Dec 19, 2023 | Listed by EXIT Strategy Realty | $259,900 | |
| Listed by EXIT Strategy Realty | |||
| Oct 27, 2023 | Price Decreased |
$264,900
↓ $5K
(1.9%) | |
| Price Decreased | |||
| Oct 17, 2023 | Listed by Exit Strategy Realty | $270,000 | |
| Listed by Exit Strategy Realty | |||
| | |||
|
Welcome home to your beautiful 2-bedroom, 2-bathroom condominium located on a beautiful tree-lined street in Bronzeville! This amazing, well-maintained condo features open concept living. As you enter the unit, you are greeted by the living /dining room combo and a cozy fireplace. This room has hardwood floors and features a Juliet balcony through which natural light pours into the home. It is adjacent to the modern kitchen which features 42" kitchen cabinets, granite countertops, stainless steel appliances, and ceramic tile flooring. You pass the in-unit washer/dryer (installed in 2023) and the furnace and hot-water heater (installed in 2019) as you leave the kitchen and proceed down the accent walled foyer to the freshly painted second bedroom which features wood laminate flooring. Next you see the full bathroom with updated fixtures and ceramic tile flooring before you head to the freshly painted master bedroom. This bedroom has tasteful wood laminate flooring, a walk-in closet, and an en suite master bathroom with a whirlpool tub and ceramic tile flooring. It also features sliding glass doors which open to the rear deck. The unit comes with one deeded parking space in the rear unattached garage and a storage closet in the basement. The Condominium Association Rules and Regulations contain limits on the number of units which can be leased in the building. The manager has listed the unit size as 1150 square feet.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/05/2025
|
3 Bed
|
3 Bath
|
2600 ft²
|
$424,900
3 Bed
3 Bath
2600 ft²
|
$417,800
-1.67%
04/02/2025
|
Carol Duran
Berkshire Hathaway HomeServices Chicago
| |
|
10/17/2023
|
2 Bed
|
2 Bath
|
1150 ft²
|
$270,000
2 Bed
2 Bath
1150 ft²
|
-
-
|
William Bates Jr
Exit Strategy Realty
| |
|
10/20/2021
|
3 Bed
|
3 Bath
|
2600 ft²
|
$350,000
3 Bed
3 Bath
2600 ft²
|
$345,000
-1.43%
12/09/2021
|
Denise Foote
Baird & Warner
| |
|
04/15/2019
|
2 Bed
|
2 Bath
|
1300 ft²
|
$199,900
2 Bed
2 Bath
1300 ft²
|
-
-
|
-
| |
|
06/01/2017
|
3 Bed
|
3 Bath
|
2400 ft²
|
$279,000
3 Bed
3 Bath
2400 ft²
|
$281,000
+0.72%
08/10/2017
|
Howard Thomas
RE/MAX Premier
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017