494 Mitchell Drive
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%.
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 7, 2022 | Sold | ||
| Sold | |||
| May 12, 2022 | No longer available | - | |
| No longer available | |||
| May 11, 2022 | Listed by Exit Realty 365 | $369,900 | |
| Listed by Exit Realty 365 | |||
| May 3, 2022 | Price Decreased |
$384,900
↓ $15K
(3.8%) | |
| Price Decreased | |||
| Apr 22, 2022 | Listed by Exit Realty 365 | $399,900 | |
| Listed by Exit Realty 365 | |||
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Come See This One Of A Kind Gem Nestled In One Of Grayslake Most Sought After Neighborhoods! Look No Further, This Stunning West Trail Home Will Be Your New Forever Home. Amazing Kitchen With Large Island , 2 Story Living Room, Loft Area With Wall Murphy Bed System, Family Room Features Hardwood Floors, Custom Built-Ins, Slider To Back Yard. Newly Updated Master Bath features a Walk In Shower. Completely Updated Walk-out Basement With Additional Bedroom/Workout Room 0r Office. Step Outside to Enjoy The Show Stopping Backyard With Entertainment Size Multi Level Deck , Paver Patio's , & Sprinkler System. This Private Retreat With Unbelievable Sunsets And Views Of the Pond Are Truly Tranquil And Serene Place To Unwind After Work. This Is Outdoor Living At It's Finest. Highly Desirable & Ideal Location Close To Everything That Grayslake Has To Offer- Just Minutes Away From Parks, Shops, Schools, Restaurants, And More! The manager has listed the unit size as 2758 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017