2702 MCCORMICK WOODS Drive
About This Property
Welcome yourself home on real HARDWOOD BAMBOO floors! Cook dinner with an open view that's perfect for entertaining. Kitchen upgraded with new cabinetry and stainless appliances. This split floor plan home has a fully fenced yard with large shading trees and is peacefully situated on a quiet pond. Centrally located minutes from beaches, downtown and St. John's town center. Property is being sold As-Is. Seller will address minor lender required repairs.
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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 1, 2018 | Sold | ||
| Sold | |||
| Aug 25, 2018 | No longer available | - | |
| No longer available | |||
| Aug 23, 2018 | Listed | $185,000 | |
| Listed | |||
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***MULTIPLE OFFERS, HIGHEST AND BEST DUE BY 7/27/2018 10AM*** New AC (2018), Newer architectural shingled roof (2016), Newer Water Heater (2016), New Toilets (2018). Welcome yourself home on real HARDWOOD BAMBOO floors! Cook dinner with an open view that's perfect for entertaining. Kitchen upgraded with new cabinetry and stainless appliances. This split floor plan home has a fully fenced yard with large shading trees and is peacefully situated on a quiet pond. Centrally located minutes from beaches, downtown and St. John's town center. Property is being sold As-Is. Seller will address minor lender required repairs. The manager has listed the unit size as 1119 square feet.
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| Jul 21, 2018 | Listed by ROUND TABLE REALTY | $185,000 | |
| Listed by ROUND TABLE REALTY | |||
| Jun 15, 2018 | Listed by WATSON REALTY CORP | $199,900 | |
| Listed by WATSON REALTY CORP | |||
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BACK ON MARKET Charming home on short cul-de-sac street with NO homeowner fees and lots of upgrades. Gleaming Bamboo flooring with tile in kitchen and baths, Upgraded cabinets in kitchen, HVAC 2 months, Architectural Roof 2 years. Upgraded bathrooms in progress. Catch a fish in your own backyard.
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Property Highlights
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Price/ft²
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About Greater Arlington
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Last Updated: 2 years ago
Data Source: Real MLS, MLS# 947222
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Address: 335 Madison Avenue, New York, NY 10017