9700 Il Route 176
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 |
|---|---|---|---|
| Sep 19, 2023 | Sold | ||
| Sold | |||
| Jun 11, 2023 | No longer available | - | |
| No longer available | |||
| Jun 8, 2023 | Listed by Compass | $400,000 | |
| Listed by Compass | |||
| May 18, 2023 | Listed by Compass Real Estate | $440,000 | |
| Listed by Compass Real Estate | |||
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Welcome to Crystal Lake's hidden gem! This stunning property is nestled on a sprawling 2.5-acre lot, surrounded by mature oaks. This ranch-style home with a walkup full finished basement, four bedrooms, and two and a half baths, offers a great opportunity with the 40'x26' outbuilding with 12' door that has a wood burner and separate attached 20'x11' building with 8' garage door. This versatile space can be used as a workshop, storage area, or converted into a hobbyist's paradise or run a business from this space. The main living areas boast an open floor plan, allowing for seamless flow and an abundance of natural light with multiple bay windows. The spacious living room features hardwood floors and a fireplace. The kitchen with a breakfast bar island plus eating area has newer stainless steel appliances and is open to the dining room/family room area with a California stone accent wall with an amazing view of the backyard and woods. Most of the home has hardwood flooring. The full finished basement is an entertainer's delight, featuring a sprawling 37'x29' family room with a fireplace. It offers ample space for a home theater, game room, or a combination of both. Let your imagination run wild as you design this versatile area to fit your lifestyle. Located in the highly sought-after Crystal Lake school district, this property ensures access to top-notch educational opportunities for your children. Crystal Lake offers an array of amenities, including parks, recreational facilities, and a vibrant downtown area with boutique shops and dining options. All newer mechanicals and roof. The manager has listed the unit size as 1824 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017