555 W Berkley Lane
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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 |
|---|---|---|---|
| Jan 31, 2022 | Sold | ||
| Sold | |||
| Jan 14, 2022 | Listed by RE/MAX Professionals | $325,000 | |
| Listed by RE/MAX Professionals | |||
| | |||
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Move right into this gorgeously redone split-level home in established Hoffman Estates. This flowing floor plan is great for seamless entertaining and everyday living. The bright kitchen features large bay widows with quiet views of the fenced backyard, plenty of cabinet and counter space. The kitchen is truly the heart of this home and has been fully remodeled. New cabinetry & hardware, stainless steel appliances, farmhouse sink, offset subway tile back splash, Quartz counter tops, can lighting and LED back-lit cabinets. The kitchen walks out to a multi tier deck and spacious yard. The main level and lower level have been refinished in a luxury vinyl plank flooring and new 5" base trim. Upstairs received the star treatment as well, with new light fixtures, paint, trim, refinished hardwood floors in a Special Walnut stain and full bath. The full bath features a custom rustic vanity, Quartz top, new mirror, light fixture, Hex floor tile, Shower tile and cove making for a complete cohesive design. The 2 car detached garage was just resided with white siding, soffit and fascia. This home has newer windows. All electrical outlets and switches have been updated. New can lights and dimmers throughout. Great neighborhood. Make your showing appointment today!
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| Aug 25, 2021 | Sold | ||
| Sold | |||
| Jul 14, 2021 | Listed by Century 21 Affiliated | $265,000 | |
| Listed by Century 21 Affiliated | |||
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About Hoffman Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017