6850 W LODE Drive #3A
About This Property
The manager has listed the unit size as 900 square feet.
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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 |
|---|---|---|---|
| Feb 16, 2024 | Sold | ||
| Sold | |||
| Dec 23, 2023 | No longer available | - | |
| No longer available | |||
| Dec 21, 2023 | Listed | $139,900 | |
| Listed | |||
| | |||
|
*** Tenant Occupied unit ---ATTENTION INVESTORS!! Prime Investment Opportunity in Southwest Suburban Worth! Welcome to a lucrative investment opportunity in the heart of the highly sought-after Southwest Suburban Worth area. This meticulously renovated 2-bed, 1-bath condo with in-unit washer/dryer offers immediate rental income with a dependable tenant in place. The 2021 remodel features a stylish kitchen with new granite countertops, remodeled cabinets, and modern appliances. Enjoy new flooring, energy-efficient lighting, and a thoughtfully updated bathroom. Individual room thermostats provide customizable comfort, making it ideal for tenants. Located in a vibrant neighborhood, this condo comes with an assigned parking space at the rear of the building (Unit 503A), and ample guest parking is available nearby. The property is being sold as-is, offering investors immediate possession and a seamless transition of ownership. Don't miss this opportunity to add a hassle-free, income-generating property to your investment portfolio. Whether you're a seasoned investor or a newcomer to the real estate market, this turnkey condo in a prime location offers a secure and profitable investment. Schedule a viewing today and secure your place in one of the most promising investment opportunities in the area.
| |||
| Nov 4, 2023 | In contract | - | |
| In contract | |||
| Oct 2, 2023 | Listed | $139,900 | |
| Listed | |||
| | |||
|
ATTENTION INVESTORS!! Prime Investment Opportunity in Southwest Suburban Worth! Welcome to a lucrative investment opportunity in the heart of the highly sought-after Southwest Suburban Worth area. This meticulously renovated 2-bed, 1-bath condo with in-unit washer/dryer offers immediate rental income with a dependable tenant in place. The 2021 remodel features a stylish kitchen with new granite countertops, remodeled cabinets, and modern appliances. Enjoy new flooring, energy-efficient lighting, and a thoughtfully updated bathroom. Individual room thermostats provide customizable comfort, making it ideal for tenants. Located in a vibrant neighborhood, this condo comes with an assigned parking space at the rear of the building (Unit 503A), and ample guest parking is available nearby. The property is being sold as-is, offering investors immediate possession and a seamless transition of ownership. Don't miss this opportunity to add a hassle-free, income-generating property to your investment portfolio. Whether you're a seasoned investor or a newcomer to the real estate market, this turnkey condo in a prime location offers a secure and profitable investment. Schedule a viewing today and secure your place in one of the most promising investment opportunities in the area. The manager has listed the unit size as 900 square feet.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/06/2024
|
2 Bed
|
1 Bath
|
950 ft²
|
$157,000
2 Bed
1 Bath
950 ft²
|
-
-
|
Richard Clark
Kozar Real Estate Group
| |
|
10/02/2023
|
2 Bed
|
1 Bath
|
900 ft²
|
$139,900
2 Bed
1 Bath
900 ft²
|
-
-
|
Rame Mahmoud
Keller Williams Preferred Rlty
| |
|
03/08/2023
|
2 Bed
|
1 Bath
|
900 ft²
|
$135,000
2 Bed
1 Bath
900 ft²
|
-
-
|
Rame Mahmoud
Keller Williams Preferred Rlty
| |
|
09/14/2021
|
2 Bed
|
1 Bath
|
900 ft²
|
$149,900
2 Bed
1 Bath
900 ft²
|
-
-
|
Richard Clark
Kozar Real Estate Group
| |
|
03/12/2021
|
2 Bed
|
1 Bath
|
900 ft²
|
$80,000
2 Bed
1 Bath
900 ft²
|
$76,000
-5.00%
07/01/2021
|
Richard Clark
Kozar Real Estate Group
| |
|
02/27/2020
|
2 Bed
|
1 Bath
|
900 ft²
|
$69,900
2 Bed
1 Bath
900 ft²
|
-
-
|
-
| |
|
05/25/2007
|
2 Bed
|
1 Bath
|
-
|
$115,900
2 Bed
1 Bath
|
$110,000
-5.09%
07/18/2007
|
Janet Connelly
Worth Clark Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017