8200 Steepleside Drive
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 |
|---|---|---|---|
| Apr 30, 2024 | Sold | ||
| Sold | |||
| Mar 9, 2023 | Listed by Compass | $350,000 | |
| Listed by Compass | |||
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Tired of endlessly searching for your next home? Build it to suit your unique needs! Rare and unique opportunity -Build your dream home on this 1.31acres featuring a serene and tranquil setting overlooking mature trees with small brook, located on a private cul de sac at the end of a Steepleside Drive. This property has been well maintained, in a wooded lot that is the perfect setting for your next home in Burr Ridge, looking for both privacy AND land, this is it! Home located in Pleasantdale Elementary and Middle School. Use sellers' site plans and start the process with your architect, ability to build a home up to 11,000+ sq feet or perfect lot to do a gorgeous ranch style home, mid-century modern or transitional farmhouse style home, sellers site plans include 2 homes apx., 6,100 sq feet but unfortunately our seller is being transferred for employment. Just minutes to 1-55, I-294, commuter bus, shopping, walker recreation center and restaurants at Burr Ridge Center. Artist rendition is a home the sellers we're going to build. Seller already invested thousands $$$$ and will provide site plans for two different sample homes, plat of survey in additional info., delineation report and topographical site development plans. Please inquire and schedule your tour today.
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| Apr 28, 2022 | Sold | ||
| Sold | |||
| Mar 19, 2021 | Listed by Berkshire Hathaway HomeServices Chicago | $335,000 | |
| Listed by Berkshire Hathaway HomeServices Chicago | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017