956 Acres Lane
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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 2, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Oct 26, 2024 | In contract | - | |
| In contract | |||
| Sep 21, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Sep 20, 2024 | Listed by @properties Christie's International Real Estate | $540,000 | |
| Listed by @properties Christie's International Real Estate | |||
| Aug 3, 2024 | Listed by @properties Christie's International Real Estate | $575,000 | |
| Listed by @properties Christie's International Real Estate | |||
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Wow! If it is Country living with City conveniences you are searching, this is the home for you. This beautiful 3 bedroom/2 bath Ranch home sits on 1.5 acres of a magnificent piece of property. Located at the end of a cul-de-sac, the tree lined backyard is serene and picturesque. Upon entering this bright, warm and inviting home you will be greeted with a beautiful stone wood burning fireplace which can be enjoyed from both the Living Room and the Dining Room featuring an open floor plan boasting beautiful, gleaming hardwood floors and plenty of windows allowing for lots of natural sunlight. The perfectly appointed kitchen highlighting attractive granite countertops, newer appliances and country style 42" knotty hickory cabinets with upgrades including a pantry and wine rack looks out onto the spectacular backyard. The granite breakfast counter is perfectly situated overlooking the sunroom with large windows to enjoy nature at its best. The backdoor leads out onto a new concrete patio for all your barbequing pleasures. The split floorplan offers two bedrooms and bath on the west side of the house and the primary bedroom (currently used as an office) with ensuite bath and walk-in closet on the east side. Other great features of this gem of a home are new roof (2024), new concrete (2024), new landscaping (2024), an attached two car garage and a separate large 2 1/2 car garage with new garage doors and openers (2024). Conveniently located less than a mile to Downtown Des Plaines, where you will enjoy the recently renovated historic Des Plaines Theatre, library, stores, restaurants and shops, and the Des Plaines Metra Station. Easy access to major expressways making it convenient to O'Hare, Downtown Chicago and the Western Suburbs. Only 1.5 miles to Lutheran General Hospital. If it is nature and outdoor space you love, yet want to be close to City life, this is the home for you.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017