16503 Mccormick Drive
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 |
|---|---|---|---|
| May 11, 2022 | Sold | ||
| Sold | |||
| Apr 12, 2022 | Listed by Houston Realty Team | $260,000 | |
| Listed by Houston Realty Team | |||
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Come take a look! This homes offers so much! As you enter the home, you enter the formal dining that was used as a home office. The Family/Living Room is off to the right with a lovely brick fireplace, tile flooring and wide open window to the back yard, plus a cozy informal dining room with windows on three sides! This home is open and bright. The primary bedroom offer a lovely primary bathroom suite and large walk in closets. The other two bedroom are off the study/formal dining room with a bathroom to separate them and the laundry room is in between them as well! Yes, laundry room is inside! :). The kitchen is the center of the home and everyone will love it! Location, Location, Location! You'll love this home, plus the recreation center is just down the street. And they also just had the home newly painted inside and out, new roof, several fixtures, you have to come see! Call today!
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Property Highlights
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Price/ft²
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About Wheatstone Village Cloverfield
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$3,100 /mo
- 4 Beds
- 4 Baths
- 3,184 ft²
$1,100 /mo
- 1 Bed
- 1 Bath
- 400 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017