500 Brook 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 |
|---|---|---|---|
| Mar 11, 2025 | Sold | ||
| Sold | |||
| Feb 26, 2025 | Listed by Baird & Warner | $260,000 | |
| Listed by Baird & Warner | |||
| Aug 17, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Jun 21, 2024 | In contract | - | |
| In contract | |||
| Jun 14, 2024 | Listed by Baird & Warner | $260,000 | |
| Listed by Baird & Warner | |||
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Cute 3 bedroom mid-century ranch in an awesome location. Walk to Main Beach, the Dole Farmer's Market (voted the #1 Farmer's Market in IL in 2021 and 2022), South Elementary and Lundahl MS. Property has a large fenced yard with mature trees, and nice privacy. Kitchen has been updated with new cabinetry, stove, microwave, and vinyl flooring. Bathroom has been recently updated as well. All 3 bedrooms have hardwood flooring, and we believe there is hardwood under the family room carpeting, just waiting to be refinished! The unfinished basement is bone dry (doesn't even have a sump pump), and has lots of potential. Detached garage is 1.5 cars in front, and has a back 'tandem' area that is great for storage, or for a small vehicle. Furnace approx. ('15), roof approx. ('21), garage roof approx. ('18). Washer and dryer hookups are in the basement, however, the kitchen is large and a stackable unit could most likely be added there. Come see this charming ranch home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017