620 Mesa Drive #310
About This Property
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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 |
|---|---|---|---|
| Dec 31, 2025 | Sold | ||
| Sold | |||
| Nov 20, 2025 | In contract | - | |
| In contract | |||
| Nov 12, 2025 | Price Decreased |
$149,990
↓ $9K
(5.7%) | |
| Price Decreased | |||
| Nov 5, 2025 | Listed | $159,000 | |
| Listed | |||
| | |||
|
This beautifully updated top-floor condo combines comfort, style, and convenience in one inviting space. The bright, south-facing living room and balcony bring in an abundance of natural light, creating a warm and airy atmosphere. The kitchen is thoughtfully designed with white 36" cabinets, elegant quartz countertops, stainless steel appliances (including a built-in dishwasher, refrigerator, and microwave), a classic white subway tile backsplash, porcelain tile flooring, and a sleek brushed nickel faucet. The modern full bath features a chic vanity, porcelain tile floors, updated lighting, and a ceramic tub surround with a built-in cubby for added function and style. The primary bedroom includes two generous closets (each 5' x 2'), offering plenty of storage space, while additional highlights include voice-activated smoke and carbon monoxide detectors and the convenience of in-unit laundry. You'll also enjoy a separate storage unit and an assigned parking spot (#1414) right near the front entrance, with additional guest parking available. The AC unit was replaced in 2018, adding to the home's comfort and reliability. Nestled in the peaceful southwest corner of Steeple Hill, this condo offers privacy, comfort, and easy living-just minutes from shopping, dining, and major roadways. Whether you're looking for a new home or a smart investment, this condo is a wonderful opportunity to own a stylish, rentable property in a desirable location.
| |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/05/2025
|
1 Bed
|
1 Bath
|
750 ft²
|
$159,000
1 Bed
1 Bath
750 ft²
|
$152,000
-4.40%
12/31/2025
|
Diana Matichyn
Coldwell Banker Realty
| |
|
02/28/2022
|
1 Bed
|
1 Bath
|
-
|
$79,000
1 Bed
1 Bath
|
$70,000
-11.39%
04/04/2022
|
Dawn Block
Century 21 1st Class Homes
| |
|
11/06/2020
|
1 Bed
|
1 Bath
|
-
|
$99,900
1 Bed
1 Bath
|
-
-
|
-
| |
|
04/03/2021
|
2 Bed
|
1 Bath
|
950 ft²
|
$108,900
2 Bed
1 Bath
950 ft²
|
$106,500
-2.20%
06/29/2021
|
Nasko Ivanov
Home Realty Group, Inc
| |
|
04/23/2019
|
1 Bed
|
1 Bath
|
-
|
$79,900
1 Bed
1 Bath
|
-
-
|
-
|
Building Info
About Hoffman Estates
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$2,456 /mo
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$3,200 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017