16523 Mccormick Dr 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%.
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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.
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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 12, 2022 | Sold | ||
| Sold | |||
| Jul 22, 2022 | Listed by Collective Realty Co. | $349,900 | |
| Listed by Collective Realty Co. | |||
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All brick, 2-story home, zoned to exemplary Cy-Fair ISD! The 2 story foyer leads to the formal dining rm w/crown molding & hardwood floors. The home office has a walk-in closet, hardwood floors & ability to convert to a 5th bdrm. The gourmet kitchen has ceramic floors, 42 inch cabinets, walk-in pantry & stainless steel GE & GE Profile appliances. The open concept living rm has high ceilings flows into the kitchen & breakfast area w/built-in seating, island and breakfast bar. The back yard has a concrete patio and a storage shed that stays. The primary suite has high ceilings & hardwood floors. The primary bath offers his & hers sinks, vanity area, separate tub & shower, & huge walk-in closet. The 3, second flr bedrooms share 2 full baths. The carpeted, 2nd floor game rm opens to the 1st floor. 3 car garage, New A/C unit on both floors!
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About Wheatstone Estates
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$2,150 /mo
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$2,350 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017