609 Cedar Street
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%.
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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 |
|---|---|---|---|
| Jun 20, 2024 | Sold | ||
| Sold | |||
| May 14, 2024 | Listed by @properties Christie's International Real Estate | $1,729,000 | |
| Listed by @properties Christie's International Real Estate | |||
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Sought after East Winnetka location on a lushly landscaped wide lot (75x100). Walk to Maple swimming beach, LLoyd sailing beach, downtown Winnetka, the Metra and the Village Green. Bike to Greeley Elementary & New Trier Main Campus. The location just does not get any better if you want to be able to walk to everything. This beautiful center entry home features a large formal living room w/ fireplace, dining room with custom built ins and butlers pantry. Bright family room with more custom built ins, main level office space and a half bath. Massive De Giulio kitchen addition includes newly custom painted cabinets, large island with prep sink, two dishwashers, Wolf 6 burner cook top, Miele double ovens and Sub Zero refrigerator. Large mudroom off the kitchen has enough space to be converted to main level laundry and includes a large walk-in pantry, tons of closet space, access to the attached garage as well as back door access to the yard. Stunning private garden/yard with bluestone patio professionally planned and landscaped by Scott Byron & Co. The 2nd floor offers 3 all newer bathrooms with beautiful white and grey marble, custom vanities & designer fixtures. Oversized primary bedroom with 2 walk in closets and an ensuite bath with double sink vanity and walk-in shower. There are three additional bedrooms on this level (1 with ensuite bath). The lower level includes a large second family/recreation room, laundry, and tons of additional storage. Tons of improvements in 2023 - see additional documents for details. Beautiful home A+ location.
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| Aug 5, 2022 | Sold | ||
| Sold | |||
| Jun 27, 2022 | Listed by Compass | $1,499,000 | |
| Listed by Compass | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017