203 Mccormick
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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 |
|---|---|---|---|
| Nov 23, 2021 | Sold | ||
| Sold | |||
| Sep 14, 2021 | Listed by Leyco Real Estate | $62,500 | |
| Listed by Leyco Real Estate | |||
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Take a drive down McCormick St. in Columbus, Texas to see the new "McCormick Addition!" The current sellers, Five Oak Construction, would love to work with you to help you build your dream home, or at this price, you can choose your own builder. The lots are 75ftX150ft, are not in the flood plain (FEMA recognized) and include underground utilities.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017