6800 Red Pine Trail
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 |
|---|---|---|---|
| Oct 29, 2021 | Sold | ||
| Sold | |||
| Jun 6, 2021 | No longer available | - | |
| No longer available | |||
| Jun 6, 2021 | Listed by RE/MAX Suburban | $465,000 | |
| Listed by RE/MAX Suburban | |||
| Apr 18, 2021 | Listed | $550,000 | |
| Listed | |||
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Unbelievably private yard. Quality executive home Ranquist-built on former Christmas tree farm. Heavily wooded with lush landscaping. Stone and cedar architecture shows the quality. Home is the house-child of Snow White's Cottage and Frank Lloyd Wright's Taliesin North. This is not your typical cookie cutter home. Best example of living fence I have ever seen. Great room sizes. Rare first floor master suite. Giant 2 story foyer. 2 areas where 3 or more rooms are wide open: Foyer to den to living room to dining room with 20 feet ceilings. Loft overhead enjoying the view of all. Kitchen to breakfast room to family room. Sliding glass doors open to flagstone terrace overlooking side yard. First floor Master suite with walk-in closet, ultra bath: dual vanities, whirlpool tub, separate shower. All bedrooms separated from each other allowing privacy. Loft could be office, freeing up other bedrooms for sleeping. Both upstairs bedrooms have 2 closets and "treehouse feel", separated by the loft that overlooks 2 story living and dining room. Full bath and additional walk in closet could become additional suite on second floor. Laundry has its own room on first floor with utilitub and door to side yard. Full basement is unfinished with 5 escape windows, so you can finish however you want. Garage has a step up running the width to keep storage from getting wet from snow melting off car. Highly desirable schools. 24 minutes to OHare field. Drive from this home to downtown Chicago is 27 minutes. The manager has listed the unit size as 3025 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017