950 Tara Court
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.
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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 |
|---|---|---|---|
| Jun 7, 2024 | Sold | ||
| Sold | |||
| Apr 14, 2024 | No longer available | - | |
| No longer available | |||
| Apr 12, 2024 | Listed by eXp Realty, LLC | $1,750,000 | |
| Listed by eXp Realty, LLC | |||
| Feb 14, 2024 | No longer available | - | |
| No longer available | |||
| Feb 12, 2024 | Listed by eXp Realty, LLC | $1,950,000 | |
| Listed by eXp Realty, LLC | |||
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Sellers offering $100,000 decorating allowance! Nestled at the end of a tranquil cul-de-sac on Tara Court in Wheaton, this magnificent 7,215 sq. ft. custom-designed home is a timeless testament to luxurious living. Crafted in 2001 with unwavering attention to detail, this all-brick residence is a harmonious blend of elegance and functionality, proudly maintained by its original designers and owners. Beyond its stately facade, the home unfolds over 16+ rooms, creating a sprawling haven for both intimate gatherings and grand celebrations. Boasting a wealth of living space, the residence comprises 7,215 sq. ft. above-ground area, augmented by two two-car garages, two expansive porches, three generous balconies, and a finished basement spanning approximately 4,100 sq. ft. - resulting in over 12,000 sq. ft. under roof. Set on the largest lot on Tara Court, the property is adorned with mature trees, offering a serene and private retreat. The open floorplan, a hallmark of this residence, encompasses five bedrooms, seven and a half baths, and four fireplaces, fostering an environment of warmth and sophistication. The first floor is a masterpiece of design, featuring a guest suite (partially ADA compliant), a formal dining room, a study, a media room, a powder room, and a kitchen with a breakfast nook. Additional highlights include a solarium, a laundry room with a full bath, and both a gathering (family) room and formal living room, seamlessly interconnected in an open layout. The second floor unveils four bedrooms, each with its own ensuite bath and distinctive open/raised ceilings. The primary bedroom is a sanctuary with a fireplace, a spacious his and hers bathroom, and an expansive walk-in closet. The three additional bedrooms boast large walk-in closets and ensuite bathrooms, creating private havens for every member of the household. The finished basement, spanning ~2,500 of finished sq. ft., adds another dimension to this extraordinary home. Complete with a wet bar, a brick fireplace, four large rooms, a custom redwood wine cellar, a workshop space, two closets, a full bathroom, and ample storage, the basement offers versatility and endless possibilities. Practical amenities include two large water heaters, three nearly new furnace/AC units with built-in humidifiers, and three sump pumps - with the two primary pumps equipped with battery backup systems. Recent enhancements, such as a new roof, new gutters, new gutter guards, two new AC units, and a comprehensive pool renovation, underscore the meticulous care and modern updates that define this residence. Strategically positioned in South Wheaton, Tara Court provides convenient access to I-88 to the south, I-355 to the east, and a nearby commuter train to the north. The residence is part of the esteemed Wheaton/Warrenville School District (D200), ensuring access to well-regarded elementary, middle, and high schools. Immerse yourself in a lifestyle defined by luxury, comfort, and enduring memories in this remarkable home where meticulous craftsmanship meets contemporary living. Welcome to a residence that transcends the ordinary, inviting you to create a lifetime of cherished moments. The manager has listed the unit size as 7215 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017