501 Mchenry Road #2B
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 |
|---|---|---|---|
| Apr 20, 2017 | Sold | ||
| Sold | |||
| Jan 27, 2017 | Listed by Chicagoland Realty, LLC | $79,900 | |
| Listed by Chicagoland Realty, LLC | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/15/2025
|
2 Bed
|
1 Bath
|
1000 ft²
|
$229,500
2 Bed
1 Bath
1000 ft²
|
-
-
|
Selena Cuevas
Compass
| |
|
06/01/2017
|
2 Bed
|
3 Bath
|
-
|
$112,777
2 Bed
3 Bath
|
$107,000
-5.12%
08/25/2017
|
Milana Bash
Global Bash
| |
|
01/27/2017
|
2 Bed
|
2 Bath
|
-
|
$79,900
2 Bed
2 Bath
|
$65,000
-18.65%
04/20/2017
|
Carole ONeill
Chicagoland Realty, LLC
|
Building Info
About Wheeling
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017