1, 3 & 4 Cormack 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 |
|---|---|---|---|
| Sep 30, 2024 | Sold | ||
| Sold | |||
| Sep 20, 2024 | In contract | - | |
| In contract | |||
| Aug 29, 2024 | Listed by RE/MAX Prof Associates | $399,000 | |
| Listed by RE/MAX Prof Associates | |||
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Waterfront on sought after Leadmine Pond in Sturbridge with 89 feet of shoreline! This adorable seasonal property is nestled at the end of a dead-end private road and is being sold with 2 additional lots. Water views from the living room, from one of the bedrooms, and from the huge wrap-around patio. Updated kitchen. Single level living, no stairs at entrances. Passing Title 5. Private and quiet while conveniently located minutes from I-84 and Sturbridge’s thriving restaurant scene and amenities.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017