97 Otis Road
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 |
|---|---|---|---|
| Jan 10, 2025 | Sold | ||
| Sold | |||
| Oct 14, 2024 | Listed by @properties Christie's International Real Estate | $2,475,000 | |
| Listed by @properties Christie's International Real Estate | |||
| Sep 2, 2017 | Listed | $2,695,000 | |
| Listed | |||
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Grand Traditions presents 4 BR & 4.1 BA transitional farmhouse to be set on prime waterfront location in the heart of Barrington Hills! Stunning 5-acre setting has southern exposure overlooking your private pond, mature oaks, pines, maples and catalpa trees & tennis court. GT offers a complete design/build experience, working closely with the clients throughout the planning, design process and selection of finishes & materials. Exceptional home will boast 5,600 SF on 3 levels, historical details, timeless quality, integrity, modern conveniences & hi-end finishes resulting in a home to be enjoyed and age gracefully for generations to come. Additional highlights include stunning gourmet KI; 3 FPs, hwd flooring, vaulted & 10 ft. ceilings; stunning millwork, dreamy MBR Suite w/ FP, luxury BA w/ heated floor; finish walk-out LL w/wet bar & 10 ft. ceilings and 4-car heated garage. (Photos from a recent custom home captures the quality of design & finishes or visit Grand Traditions website.) The manager has listed the unit size as 5658 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017