508 Tanglewood Lane
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 4, 2024 | Sold | ||
| Sold | |||
| Aug 24, 2023 | No longer available | - | |
| No longer available | |||
| Aug 23, 2023 | Listed by Baird & Warner | $624,000 | |
| Listed by Baird & Warner | |||
| Aug 4, 2023 | In contract | - | |
| In contract | |||
| Jul 18, 2023 | Listed by Baird & Warner | $650,000 | |
| Listed by Baird & Warner | |||
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North Naperville convenience and a Saybrook cherished location on Tanglewood Lane! 4 bedrooms, + a captain's den on the second floor! Hardwood floors throughout, newer windows & a classic center hall design to this attractive home. Large rooms, gas fireplace in the comfortable family room, six-panel doors, eat-in kitchen and spacious living and dining rooms. All 4 bedrooms are generously sized. The primary bedroom has a large walk-in closet and a private bath. The "Captain's Den" can serve as a private office, seasonal walk-in closet or bring the laundry center up to here. You could even add a 3rd full bath here if desired. Full unfinished basement ready to finish. New electric panel in 2023. Professionally landscaped with new front plantings and paver walkway to the newer front entry door. An inground irrigation system keeps everything looking its best. You will also love the private backyard. Easy walk to the GS and JH right in the neighborhood! Naperville North HS about 1 mile away. ALL schools are highly rated in the renowned Naperville District 203 system. EZ to join the Saybrook Bath & Racquet Club a few blocks away. Access to the train, Jewel/Osco, Ace Hardware and downtown Naperville is close by. I-88 and Super Target are a few minutes away. Tanglewood Lane enjoys a quiet setting for this favored spot in convenient Saybrook. The manager has listed the unit size as 2400 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017