5230 Illini Way
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 |
|---|---|---|---|
| Aug 30, 2024 | Sold | ||
| Sold | |||
| Jul 31, 2024 | Listed by milehimodern - Boulder | $919,000 | |
| Listed by milehimodern - Boulder | |||
| | |||
|
Curated upgrades converge with a thoughtful layout in this brightly lit residence. A brand new roof crowns the home while an updated furnace and AC ensure comfort within. Newer windows and doors emit cascades of natural light into a cozy living area, illuminating hardwood floors and a neutral color palette. Entertaining is a joy in the beautifully remodeled kitchen, where stainless steel appliances, wood cabinetry and a dining nook ensure ease in hosting with updated lighting and instahot faucet. Spacious bedroom escapes include a sunlit primary suite characterized by a convenient and redone en-suite bathroom. Retreat to a finished lower level brimming with brand new carpet and versatile spaces, such as a recreation area with a high-top bar, a workout space/laundry room and an additional bedroom with egress window and bathroom. Great ADU possibilities with a separate entrance to the basement! Ample space to relish in the Colorado climate is found outdoors within the home's professionally landscaped and fenced-in backyard. A verdant lawn is partially shaded by a mature tree while a covered patio retreat offers even more space to relax and entertain. Nice new oversized driveway for all your Colorado Toys!
| |||
| Jun 17, 2024 | Price Decreased |
$919,000
↓ $30K
(3.2%) | |
| Price Decreased | |||
| May 24, 2024 | Price Increased |
$949,000
↑ $30K
(3.3%) | |
| Price Increased | |||
| May 6, 2024 | Listed | $919,000 | |
| Listed | |||
| | |||
|
Curated upgrades converge with a thoughtful layout in this brightly lit residence. A newer roof and gutters crown the home while an updated furnace and AC ensure comfort within. Newer windows and doors emit cascades of natural light into a cozy living area, illuminating hardwood floors and a neutral color palette. Entertaining is a joy in the beautifully remodeled kitchen, where stainless steel appliances, wood cabinetry and a dining nook ensure ease in hosting with updated lighting and instahot faucet. Spacious bedroom escapes include a sunlit primary suite characterized by a convenient and redone en-suite bathroom. Retreat to a finished lower level brimming with brand new carpet and versatile spaces, such as a recreation area with a high-top bar, a workout space/laundry room and an additional bedroom with egress window and bathroom. Great ADU possibilities with a separate entrance to the basement! Ample space to relish in the Colorado climate is found outdoors within the home's professionally landscaped and fenced-in backyard. A verdant lawn is partially shaded by a mature tree while a covered patio retreat offers even more space to relax and entertain. Nice new oversized driveway for all your Colorado Toys!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017