22507 Mccormick Court
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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Aug 19, 2020 | In contract | - | |
| In contract | |||
| Aug 19, 2020 | Price Increased |
$420,900
↑ $16K
(4%) | |
| Price Increased | |||
| Aug 17, 2020 | No longer available | - | |
| No longer available | |||
| Aug 5, 2020 | Listed | $404,900 | |
| Listed | |||
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Welcome Home to 22507 McCormick Ct, located in the charming Wildomar Community. This spectacular home features 4 bedrooms, 3 bathroom and nearly 1,900 sq. ft of spacious open floor plan living and fabulous front porch. Ideally located on a quiet cul de sac with an oversized lot perfect for your custom pool. As you walk into this stunner, you are warmly welcomed by wood laminate flooring throughout the main floor and vaulted ceilings. The family room features custom cozy brick fireplace, with direct access to the formal dining room which wraps around the remodeled kitchen and nook. Gourmet kitchen boasts new granite counters, custom cabinetry and stainless appliances. Breakfast nook area provided direct slider access to the backyard making it easy to entertain and keep an eye on the kids at play. Conveniently located downstairs is a oversized bedroom with adjected bath perfect for family and guests. As you head upstairs, you are welcomed by the secondary bedrooms with custom paint and full bathroom to one side, and master suite and bath to the other. Complete with LOW TAXES, NO HOA and Energy Efficient Solar. Priced to sell! Don't let this beauty slip away! The manager has listed the unit size as 1875 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017