565 HERITAGE Drive #210
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 |
|---|---|---|---|
| Dec 9, 2024 | Sold | ||
| Sold | |||
| Oct 27, 2024 | In contract | - | |
| In contract | |||
| Jul 16, 2024 | Price Decreased |
$149,500
↓ $8K
(4.8%) | |
| Price Decreased | |||
| Jul 2, 2024 | Listed by Sky High Real Estate Inc. | $157,000 | |
| Listed by Sky High Real Estate Inc. | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/27/2025
|
1 Bed
|
1 Bath
|
775 ft²
|
$140,000
1 Bed
1 Bath
775 ft²
|
$135,000
-3.57%
05/09/2025
|
Sheila Harris
Coldwell Banker Brown Realtors
| |
|
07/02/2024
|
1 Bed
|
1 Bath
|
775 ft²
|
$157,000
1 Bed
1 Bath
775 ft²
|
$150,000
-4.46%
12/09/2024
|
George Chaharbakhshi
Sky High Real Estate Inc.
| |
|
07/23/2021
|
1 Bed
|
1 Bath
|
775 ft²
|
$75,000
1 Bed
1 Bath
775 ft²
|
$75,000
10/09/2021
|
Maija Zaimins
Weichert, Realtors - All Pro
| |
|
05/01/2006
|
1 Bed
|
1 Bath
|
-
|
$91,000
1 Bed
1 Bath
|
$86,000
-5.49%
02/28/2007
|
Esther Zamudio, GRI,SRES
Zamudio Realty Group
|
Building Info
About Hoffman Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017