860 Heather Lane
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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 |
|---|---|---|---|
| May 31, 2023 | Sold | ||
| Sold | |||
| Apr 28, 2023 | Listed by Royal Family Real Estate | $375,000 | |
| Listed by Royal Family Real Estate | |||
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Beautifully remodeled ranch home with open floor plan. Newly renovated! Wood laminate flooring throughout. 6 panel white doors & trim throughout. New windows throughout. Recessed lighting. Walk-in Foyer closet. Get ready to entertain & cook in the stunning kitchen featuring huge island w/ breakfast bar, quartz counter tops, back splash, under the cabinet lighting, SS appliances, & pantry. Bright living & dining rooms. Sliding glass door leads out to the new patio. 3 spacious bedrooms w/ ceiling lights. Brand-new bathrooms. Primary bedroom w/ double closets & private bathroom w/ walk-in shower. Huge laundry room w/ lots of storage space. 2 car garage. Freshly poured concrete driveway & walkway. New roof & siding. Walking distance to all three schools in the award winning district 54 & 211. Walk to Fabrini park & pond. Minutes to expressway, Woodfield mall & restaurants galore!
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| Nov 9, 2022 | Sold | ||
| Sold | |||
| Oct 18, 2022 | Listed by Royal Family Real Estate | $230,000 | |
| Listed by Royal Family Real Estate | |||
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About Hoffman Estates
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$2,600 /mo
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- 900 ft²
$3,000 /mo
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- 2 Baths
- 1,532 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017