8010 Alabama Avenue
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 |
|---|---|---|---|
| Sep 29, 2022 | Sold | ||
| Sold | |||
| Jul 28, 2022 | No longer available | - | |
| No longer available | |||
| Jul 26, 2022 | Listed by Realty Executives Midwest | $450,000 | |
| Listed by Realty Executives Midwest | |||
| Jun 15, 2022 | Listed by Realty Executives Midwest | $499,000 | |
| Listed by Realty Executives Midwest | |||
| | |||
|
Timberlake Estates home on an 1/2 acre lot with Lake Michigan water/sewer. Low Taxes! Looking for lots of room? Split level home has a sub-basement, sunroom & separate Ranch style apartment on main level with its own private entrance! Perfect for in-law or daycare business! Home offers eat-in kitchen, large living room with picture window, dining room with sliding glass door to large sunroom overlooking the nice view of yard, deck & patio. Upper level offers 3 nice size bedrooms & full bathroom. Oakwood flooring in living & dining room & 3 bedrooms. Lower level offers large, bright family room with carpeting and stone fireplace with gas starter, full bathroom and access to 2.5 car garage and sub-basement. Main level: newly painted 1 level apartment offers private entrance 1 bedroom, living area, kitchen, full bath & laundry. Large yard with a shed. Roof 7 yrs, Furnaces 10 yr, New water heater. Addition furnace 2 yrs, water heater 7 yrs. Hinsdale South H.S. Close to shopping, library & highways. The manager has listed the unit size as 2565 square feet.
| |||
| Jun 5, 2022 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017