20 Mccormick Rd.
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 |
|---|---|---|---|
| Aug 2, 2019 | Sold | ||
| Sold | |||
| Dec 7, 2016 | Listed by Berkshire Hathaway HomeServices Realty Professionals | $995,000 | |
| Listed by Berkshire Hathaway HomeServices Realty Professionals | |||
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165 plus acres of land. house and barns on the property. Both need loads of work. The views from this property are the "best". lots of open land currently used for hay crops.Currently in 61a. Restore the farm you always wanted. great location for a retreat or conference center.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017