2231 McCormick Trail
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 |
|---|---|---|---|
| Mar 28, 2019 | Sold | ||
| Sold | |||
| Jan 18, 2019 | Listed by Coldwell Banker Advantage | $424,900 | |
| Listed by Coldwell Banker Advantage | |||
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Large, open, yet comfortable home, quality built by Tipton, located in Wyndstone estates offers 4 bdr, 2.5 baths. With 3,613 sq. ft. of finished living space you are greeted by dark bamboo flooring, cathedral ceilings, and a view into main living space. The large and open living room gives off a warm feeling that is only enhanced by the beautiful stone fireplace. Gourmet kitchen, built-in KitchenAid appliances, island and 2 pantries. Main floor mstr with access to private deck and amazing private bath. Main floor laundry and half bath. Upstairs you have 3 more bedrooms a bonus room with skylights and large full bath. Finished basement with Ethernet wiring, built-in speakers and a smart thermostat. Large back deck. Lakeshore schools! Much more..come see for yourself!
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| Dec 22, 2018 | No longer available | - | |
| No longer available | |||
| Aug 23, 2018 | Listed by Jaqua REALTORS | $430,000 | |
| Listed by Jaqua REALTORS | |||
| Aug 7, 2015 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017