505 River Oaks Drive
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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 |
|---|---|---|---|
| Sep 6, 2022 | Sold | ||
| Sold | |||
| May 14, 2022 | Listed by RE/MAX In The Village | $719,000 | |
| Listed by RE/MAX In The Village | |||
| Nov 5, 2019 | No longer available | - | |
| No longer available | |||
| Sep 18, 2019 | Price Decreased |
$675,000
↓ $25K
(3.6%) | |
| Price Decreased | |||
| Aug 19, 2019 | Listed | $700,000 | |
| Listed | |||
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Palm Springs meets River Forest in this exceptional example of Mid Century Cool one-level living. This custom 1951 ranch is located only 3 blocks from the Metra station in an enclave of retro Martin Braun designed homes which includes the historic Waller Gates. Braun's original style has been transported to the millennium by the current owner with an extensive renovation which included kitchen, baths, flooring, interior doors & trim, fixtures, electric, plumbing, HVAC & more! This open flowing floorplan is made for entertaining. The living room boasts soaring ceilings and a beautiful woodburning fireplace. The master suite has three custom closets and a large master bath with separate shower/whirlpool and double sinks. There's a big yard and patio, perfect for the gardening enthusiast. Attached garage. Third bedroom currently used as family room/office. Owner is a licensed Illinois real estate broker.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017