706 Ouilmette Lane
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 23, 2025 | Sold | ||
| Sold | |||
| Jan 21, 2025 | Listed by @properties Christie's International Real Estate | $1,595,000 | |
| Listed by @properties Christie's International Real Estate | |||
| Jul 24, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Jul 13, 2024 | Listed by @properties Christie's International Real Estate | $1,595,000 | |
| Listed by @properties Christie's International Real Estate | |||
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Pristine 2001 build in the heart of Wilmette! Located in the Harper Elementary School District, this home has been lovingly maintained by the same owner since 2003. The first floor offers a grand two-story entry way that is flooded with light. As you walk in your large foyer, the formal living room and dining room greet you with more natural light and unique architectural details. The east facing gourmet kitchen, recently updated with sleek quartz countertops and modern appliances, beckons with its spacious layout and adjacent cozy family room-perfect for hosting gatherings of any size. Additional first-floor amenities include two sets of sliding doors to the patio, two fireplaces (one decorative), a walk-in pantry, powder room, and the convenience of an attached two-car garage. The 2nd floor offers four generously proportioned bedrooms including the primary suite plus two additional full bathrooms and laundry. The primary suite offers an extra-large walk-in closet and spa like bathroom. The lower level offers two large flexible living areas, a kitchenette and full bathroom. The lower level is accessible from the main staircase on the 1st floor but also offers a unique separate entrance from the garage making this lower level the perfect space for guests. The home also provides ample storage space on every level. Outside, the backyard is an oasis by itself with a brick paved patio and beautiful professional landscaping all enclosed offering privacy from all angles. With numerous updates throughout, this home is impeccably maintained and move-in ready, promising a lifestyle of comfort, convenience, and timeless beauty. Walk to all three schools, Kindergarten through 8th grade, community playfields, recreation centers and more. Quick close and possession date available.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017