837 Parkside 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%.
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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 |
|---|---|---|---|
| May 17, 2024 | Sold | ||
| Sold | |||
| Apr 11, 2024 | Listed by Baird & Warner | $389,900 | |
| Listed by Baird & Warner | |||
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When sellers tell you they wish they could take their home with them, and you're aware that they know a thing or two about houses, you want to hear more. Situated on a quiet street in a friendly neighborhood that enjoys annual block parties, walking distance to Downtown Wheaton's restaurants and shopping, and the convenience of the Metra train station, this solid brick ranch home packs an amazing value, both by virtue of location and construction. You don't need a huge house if you can find an efficient one, and that's exactly what this is. Enter the welcoming living room, which boasts wood floors that extend throughout most of the rooms, arched ceilings, and has large glass doors leading to the patio, where you will enjoy summer entertainment overlooking your serene back yard (the sellers call it their "Secret Garden" because it is truly private and beautiful during warmer months). The living room leads to the bright dining room, which is so cheerful it invites you to linger. It is right across from your large eat-in kitchen, where ample counter and cupboard space and newer appliances make meal prep a pleasure. A master bedroom with a master bath, two more sunny bedrooms, and another full bath complete this floor, while the cozy winter movie nights are enjoyed downstairs in the relaxing family room. There are two more bedrooms and a full bath in the basement, providing more sleeping options for your family or guests, plus a small bonus room for storage or office, and the laundry room. It is rare to find five bedrooms and three full baths in this much space, but, as we said, this home is all about efficiency. The cherry on top of the cake is Rathje Park, just a stone's throw away, where you will enjoy serene walks, fishing, and other amenities offered by the park. A value-packed deal like this is rare indeed. Someone will be the lucky buyer, and we hope it's you!
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| Mar 15, 2017 | Sold | ||
| Sold | |||
| Jan 2, 2017 | Listed by Executive Realty Group LLC | $299,900 | |
| Listed by Executive Realty Group LLC | |||
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About Wheaton
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017