650 Hill Drive #302
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 |
|---|---|---|---|
| May 17, 2024 | Sold | ||
| Sold | |||
| Jan 8, 2024 | Listed by Arch Realty Inc. | $165,000 | |
| Listed by Arch Realty Inc. | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/08/2024
|
2 Bed
|
2 Bath
|
800 ft²
|
$165,000
2 Bed
2 Bath
800 ft²
|
$165,000
05/17/2024
|
Shawn Renchindorg
Arch Realty Inc.
| |
|
12/28/2023
|
2 Bed
|
2 Bath
|
800 ft²
|
$165,000
2 Bed
2 Bath
800 ft²
|
$166,000
+0.61%
02/21/2024
|
Ashish Thakkar
Executive Realty Group LLC
| |
|
12/21/2023
| |
2 Bed
|
2 Bath
|
800 ft²
|
$165,000
2 Bed
2 Bath
800 ft²
|
-
-
|
Ashish Thakkar
Executive Realty Group LLC
|
|
04/29/2022
|
2 Bed
|
2 Bath
|
800 ft²
|
$118,251
2 Bed
2 Bath
800 ft²
|
$112,000
-5.29%
06/10/2022
|
Daksha Patel
Berkshire Hathaway HomeServices Starck Real Estate
| |
|
01/07/2008
|
2 Bed
|
2 Bath
|
-
|
$109,900
2 Bed
2 Bath
|
$108,500
-1.27%
04/29/2008
|
Angelo Miceli
Hometown Real Estate Group LLC
|
Building Info
About Hoffman Estates
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$4,840 /mo
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- 1,980 ft²
$1,600 /mo
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- 1 Bath
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017