816 W Macarthur Avenue
About This Property
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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%.
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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 30, 2022 | Sold | ||
| Sold | |||
| Jul 1, 2022 | Listed by BHHS Central Illinois REALTORS | $141,900 | |
| Listed by BHHS Central Illinois REALTORS | |||
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So much new here you will certainly be impressed! This home has an inviting open floor plan with 4 bedrooms, 2 full baths, eat-in kitchen with a breakfast bar, formal dining room & a living room with a contemporary electric fireplace. The 1st floor offers bedroom #1, a full bath with a new tub surround and laundry with trendy sliding barn doors! The washer and dryer remain of course. The 2nd floor has 3 bedrooms up and a huge full bath! Every inch of the space is used here with a cozy nook under the steps for lounging, reading or an office space. ALL NEW paint, flooring, window coverings, brand new tub surround in 1st floor bath, countertop, new iron railing, recessed lights & contemporary lighting. The current lighting is amazing! The kitchen has ALL stainless steel appliances, with a French door style refrigerator and a BRAND NEW dishwasher. There is a separate entryway and a 5X14 porch off the kitchen that leads to the backyard, which is completely fenced with 2 gates. ALSO in the backyard is a 21x10 deck with a built-in bench, a huge 30x20 patio AND a 8x8 L-shaped grill and bar area with a concrete countertop! The Andirondack chairs & grill remain of course. The cement driveway has space for 3 vehicles and there's a 12x10 storage shed for additional storage. Notice the great curb appeal with a stone area added for flowers! Look fo the USB port by the breakfast bar, where all 4 bar stools remain! Newer double pane windows too! The roof is about 6 years old and the furnace /AC are about 10 years old. (This house went pending on day 2 on the market and is now back on the market due to financial fall through from the buyer.)
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| Jan 12, 2022 | Sold | ||
| Sold | |||
| May 26, 2021 | Listed by RE/MAX Choice | $54,250 | |
| Listed by RE/MAX Choice | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017