617 Illinois 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%.
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 12, 2024 | Sold | ||
| Sold | |||
| Feb 14, 2024 | Listed by eXp Realty, LLC - St. Charles | $384,900 | |
| Listed by eXp Realty, LLC - St. Charles | |||
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In town Geneva Stunner!! Take a look at this nicely updated home nestled in downtown Geneva! Step into a space adorned with freshly refinished hardwood floors and newly painted walls, exuding both modern elegance and timeless charm. As you explore further, you'll find that this property holds incredible potential. With an expansive lot stretching nearly 180 feet deep, this property offers endless possibilities for outdoor enjoyment and possible expansion. Embrace the convenience of in-town living while relishing in the tranquility of your private retreat. Don't wait to make this gem yours-schedule a viewing today and unlock the full potential of downtown living in Geneva!
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| Jan 12, 2024 | Sold | ||
| Sold | |||
| Jan 11, 2024 | Listed by RE/MAX Excels | $300,000 | |
| Listed by RE/MAX Excels | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017