8918 US Hwy 12 Highway
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 |
|---|---|---|---|
| Oct 2, 2017 | Sold | ||
| Sold | |||
| Aug 22, 2017 | Listed by Lake Shore Drive Realty, Inc. | $274,900 | |
| Listed by Lake Shore Drive Realty, Inc. | |||
| Jul 13, 2017 | Listed | $299,900 | |
| Listed | |||
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Property has existing permit violations pending in McHenry County. Property is being sold as-is. Taxes prorated at 100%. Seller is exempt from disclosures and will not provide termite or survey. Buyer is responsible for all inspection(s) and repair(s). Buyer's pre-qualification & proof of funds must accompany all offers. All offers must be submitted by the buyer's agent using the online offer management system. See agent remarks. Allow time for seller's response.The manager has listed the unit size as 1944 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017