508 Declaration Lane #0
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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 |
|---|---|---|---|
| Nov 15, 2019 | No longer available | - | |
| No longer available | |||
| Sep 27, 2019 | No longer available | - | |
| No longer available | |||
| Sep 11, 2019 | Price Decreased |
$199,999
↓ $8K
(3.6%) | |
| Price Decreased | |||
| Aug 27, 2019 | Listed | $207,500 | |
| Listed | |||
| | |||
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Now available in highly desirable Legacy Fields! Incredible location close to expressway, shopping, retail & Route 59 Metra train station. You can get to and from the train station during rush hour in minutes and will be able to skip all of the North & South Traffic. Fresh paint and carpet throughout the home. Hardwood floors, gas fireplace, and loads of natural light in family room. Large loft on 2nd level, which could also be converted to a 3rd bedroom. Nice sized mudroom off the garage is great for storage and keeping coats & shoes in a contained area. Separate laundry room located off the mudroom. Huge master suite with 2 sinks, whirlpool tub, and separate shower. Kitchen features an island and balcony off the eating area. Ceiling fans in bedrooms and family room. Attached 2 car garage with large additional storage nook. Acclaimed District 204 schools, & elementary school bus pick up is right at end of the driveway! Legacy Fields is FHA Approved! The manager has listed the unit size as 1838 square feet.
| |||
| Aug 1, 2019 | Price Decreased |
$207,500
↓ $2K
(1.1%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017