Lot 8 Kaelin Drive
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 6, 2021 | No longer available | - | |
| No longer available | |||
| Aug 31, 2021 | Sold | ||
| Sold | |||
| Jun 19, 2021 | Listed by Keller Williams Inspire - Geneva | $279,000 | |
| Listed by Keller Williams Inspire - Geneva | |||
| May 5, 2021 | In contract | - | |
| In contract | |||
| Apr 25, 2021 | Listed | $279,000 | |
| Listed | |||
| | |||
|
With these unprecedented times and the inability to find that perfect house then now may be the time to build your dream home in a great location. This ideal lot is situated on 3.62 acres in Lysle Estates of Wayne. The property is wooded on three sides for added privacy and protection from inclement weather. The lot is surrounded by ranch homes and the property would be ideal for that style of home. Zoned for horses with plenty of room for a small barn and pastures, plus this location is close to forest preserves, equestrian trails, a large boarding barn, pony club, hiking and biking trails. Just down the street from Army Trail, RT 59 and access to the METRA system. Minutes from everything the Fox Valley has to offer. Currently zoned Ag. Buy now, plant some crops and take advantage of the low taxes while you are planning your dream home. Now is the time to live the country life you deserve. Allow yourself some time and walk the property, maybe you will be lucky enough to hear the wild turkeys in the woods.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017