585 Heritage Drive #201
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 4, 2025 | Sold | ||
| Sold | |||
| Mar 5, 2025 | In contract | - | |
| In contract | |||
| Feb 27, 2025 | Listed by Chicagoland Brokers Inc. | $198,000 | |
| Listed by Chicagoland Brokers Inc. | |||
| May 16, 2008 | Sold | ||
| Sold | |||
| Oct 18, 2007 | Listed by Sierra Capital Advisors & Realty Inc. | $134,810 | |
| Listed by Sierra Capital Advisors & Realty Inc. | |||
| | |||
|
3 BR 2 FULL BTH SPACIOUS,GREAT LOCATION CLOSE TO EVERYTHING,MOVE IN CONDITION ON THIS 2ND FLOOR CONDO..SELLER WILL INSTALL A NEW DISHWASHER BEFORE CLOSING!POSSIBLE CARPET ALLOWENCE.COME CHECK IT OUT.
| |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/27/2025
|
3 Bed
|
2 Bath
|
1200 ft²
|
$198,000
3 Bed
2 Bath
1200 ft²
|
$202,500
+2.27%
04/04/2025
|
Nitul Thakkar
Chicagoland Brokers Inc.
| |
|
03/16/2022
|
2 Bed
|
1 Bath
|
-
|
$139,900
2 Bed
1 Bath
|
$126,000
-9.94%
04/20/2022
|
Nadirshah Hussain
Guidance Realty
| |
|
05/02/2008
|
2 Bed
|
1 Bath
|
-
|
$99,900
2 Bed
1 Bath
|
$90,000
-9.91%
07/15/2008
|
Midge Dana
Berkshire Hathaway HomeServices American Heritage
| |
|
10/18/2007
|
3 Bed
|
2 Bath
|
700 ft²
|
$134,810
3 Bed
2 Bath
700 ft²
|
$129,000
-4.31%
05/16/2008
|
Asim Qureshi
Chicagoland Brokers Inc.
|
Building Info
About Hoffman Estates
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,285 /mo
- 1 Bed
- 1 Bath
- 725 ft²
$2,285 /mo
- 1 Bed
- 1 Bath
- 725 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017