624 VERNON Avenue
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 |
|---|---|---|---|
| Jan 2, 2024 | Sold | ||
| Sold | |||
| Oct 10, 2023 | Listed by Compass | $700,000 | |
| Listed by Compass | |||
| | |||
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Welcome to this beautifully updated, maintenance-free 3BR/2.5BA free-standing, all-brick residence located in the heart of downtown Glencoe. With four floors of living space, this home offers a perfect blend of suburban living and urban sophistication. As you enter, you'll be greeted by an abundance of natural light that fills the space, highlighting the cool, city loft vibe. The exposed brick walls, newly installed and refinished hardwood floors, and all-new windows throughout add to the modern charm. The main level features an open and airy layout that includes a large informal living/dining room space with sliding doors to the beautiful, enclosed private patio perfect for your morning coffee or evening glass of wine with friends. The kitchen features newer stainless-steel appliances, granite countertops, plentiful storage and is adjacent to a cozy family room with a ceiling of skylights overheard. You'll also appreciate the convenience of a detached 2-car garage accessed via a lovely inner courtyard. The fully finished lower level offers a surprising amount of additional living space ideal for a recreation room and/or office. The second floor features two spacious bedrooms with ample closet space, a fully renovated hall bath with dual vanity and a tub/shower combo, as well as a convenient 2nd-floor laundry. The third floor offers another large bedroom with walk-in closet, tree-top views, and another full bath. Location is everything, and this home delivers with an A++ location just steps away from restaurants, shopping, Metra, and schools. Enjoy the convenience of having everything you need within reach. Don't miss the opportunity to make this stunning home yours and experience the best of downtown Glencoe living!
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| May 5, 2017 | Sold | ||
| Sold | |||
| Apr 2, 2017 | Listed by Baird & Warner | $525,000 | |
| Listed by Baird & Warner | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017