20959 W McGilvray Drive
About This Property
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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 |
|---|---|---|---|
| Nov 24, 2021 | Sold | ||
| Sold | |||
| Aug 6, 2021 | Listed by RE/MAX IMPACT | $449,900 | |
| Listed by RE/MAX IMPACT | |||
| Feb 1, 2021 | No longer available | - | |
| No longer available | |||
| Jan 18, 2021 | Price Decreased |
$459,900
↓ $10K
(2.1%) | |
| Price Decreased | |||
| Jan 7, 2021 | Listed | $469,900 | |
| Listed | |||
| | |||
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On a road less traveled, enjoy this expansive, custom built ranch nicely situated and nestled on nearly 2.3 acres of land with huge fenced yard. 5 generous bedrooms all on main level with 4 full main-level bathrooms and a half bath in basement. Large eat-in kitchen with stainless steel appliances. Beautiful master bedroom with back yard view, extra large walk in closet and master bath nicely done. Enjoy the ambiance of the living room with gas fireplace. Large, formal dining room. Many possibilities come with the separate in-law (or care-giver) living arrangement on main floor - this includes a 2nd full kitchen, its own large bedroom, living room, full bath and office area- Could also become a fantastic Great room! Many handicap accessible features including elevator (transfers as-is), extra wide hallways and doorways, and lowered light switches. Huge fenced yard (additional yard beyond the back fence extends approximately to tree line) provides ample space. Enjoy entertaining or relaxing on freshly painted, large wrap around deck. Yard has a chicken coop as well! All new interior 6 panel doors, much of the interior and exterior painted, and septic recently serviced. There are 3 Nest system temperature zones, new brick walkway and landscaping in front. Basement has a great rec area and large laundry room both with new flooring and lighting. Large amount of storage in basement, extra long driveway, and generous size garage with newly installed drop down attic access. New sump and ejector. This home sits in a beautiful area, conveniently located to all that historic Lockport and surrounding area have to offer - Lockport schools, great area parks and entertainment, shopping and easy access to major expressways. Come and give it a look! The manager has listed the unit size as 4191 square feet.
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About Will
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017