915 Cedar Avenue
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 |
|---|---|---|---|
| Jul 21, 2023 | Sold | ||
| Sold | |||
| Jun 3, 2023 | No longer available | - | |
| No longer available | |||
| Jun 1, 2023 | Listed by Legacy Properties, A Sarah Leonard Company, LLC | $319,900 | |
| Listed by Legacy Properties, A Sarah Leonard Company, LLC | |||
| May 18, 2023 | Listed by RE/MAX Suburban | $319,900 | |
| Listed by RE/MAX Suburban | |||
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Don't miss this completely updated 5 bedroom home situated on a huge double lot in Historic Downtown Elgin! You will love the versatile enclosed porch that could be used as a reading nook or to enjoy your morning coffee. This home showcases brand NEW bathrooms and kitchen, luxury vinyl plank flooring on the main level, new light fixtures, and fresh paint throughout. The spacious living room with crown molding opens to a dining room with an updated light fixture. The NEW kitchen boasts stainless steel appliances, beautiful quartz counters, modern white cabinetry, tile backsplash, coffee bar, and an eat-in area. The main level includes 2 bedrooms with radiant heated floors, new carpet, and a full bath with new vanity, countertop, fixtures, and tile flooring~ Great opportunity for an in-law arrangement! Upstairs features 3 bedrooms with new carpeting and a full bath with NEW vanity, countertop, fixtures, tile flooring, and tile in the shower. Add even more living space by putting your finishing touches on the unfinished basement. Private back yard with patio. Two car detached garage. Freshly painted exterior. Great location in historic downtown Elgin near shopping, restaurants, the Metra station, and easy interstate access. Nothing to do but move in! The manager has listed the unit size as 2105 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017