918 W Villa 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 |
|---|---|---|---|
| Nov 22, 2024 | Sold | ||
| Sold | |||
| Oct 16, 2024 | In contract | - | |
| In contract | |||
| Oct 11, 2024 | Listed by Keller Williams Realty Ptnr,LL | $299,000 | |
| Listed by Keller Williams Realty Ptnr,LL | |||
| Mar 22, 2017 | Sold | ||
| Sold | |||
| Aug 4, 2016 | Listed by Coldwell Banker Residential Brokerage | $189,000 | |
| Listed by Coldwell Banker Residential Brokerage | |||
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Wonderful location in the desirable Villas. Downtown Des Plaines shopping, restraurants,and Metra nearby. Just blocks to Forest Elementary, Algonquin Middle, Maine West High School and Prairie Lakes Park. Two bedroom, one bath ranch. Family room addition has sliding doors to brick patio and lovely yard with mature trees and many perennials. Kitchen has a breakfast bar which opens to the dining room. Longtime owner. Home has a lot of potential, bring your decorating ideas.
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About Des Plaines
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017