610 Illinois Avenue
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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 |
|---|---|---|---|
| Jun 30, 2022 | Sold | ||
| Sold | |||
| May 11, 2022 | Listed by RE/MAX 1st Choice | $150,000 | |
| Listed by RE/MAX 1st Choice | |||
| Dec 6, 2017 | Sold | ||
| Sold | |||
| Jul 1, 2017 | Listed by RE/MAX 1st Choice | $99,000 | |
| Listed by RE/MAX 1st Choice | |||
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You'll love this charming 2 story home located just blocks from downtown Ottawa. One thing you'll notice right away in this 3 bedroom, 1.5 bath home is the tall ceilings and hardwood floors throughout. Make your way through the dining room and living room, which have beautiful windows that let the natural light pour into the rooms. Marvel at the spacious, updated kitchen, noticing the updated countertops, stainless steel appliances, and generous island space. Bring out your inner chef with plenty of cabinet and pantry space. 1st floor laundry. As you make your way up the wide stairway, you'll flow through the 3 large bedrooms and full bath. Head outside to enjoy the deck and big, fenced in backyard perfect for play, gardening, or just relaxing on a weekend. The location can't be beat as this home is located near Downtown and the Illinois River. Don't hesitate - call now for a private showing for this incredible value!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017