3641 McCormick Avenue
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%.
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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.
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 | |||
| Mar 25, 2021 | In contract | - | |
| In contract | |||
| Mar 18, 2021 | Listed | $325,000 | |
| Listed | |||
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Call PAWLAK PROPERTIES at 630.796.0199 to see it today! Updated English brick Tudor, well-maintained home in the heart of Hollywood. This home boasts 3 bedrooms, 1.5 bathrooms with so much original character and charm. The tiled foyer has a large walk-in coat closet. Step through the arched doorway to the bright living room with hardwood flooring and gorgeous crown molding. Another arched doorway leads you to the dining room with plenty of space for family gatherings. The kitchen has newer stainless steel appliances, updated cabinets, and great counter space. The third bedroom is on the first floor with updated hardwood flooring, exposed brick and an amazing view of the enormous backyard. The half bath adjacent to the third bedroom with more of the exposed brick was updated in 2013. Take the hardwood staircase upstairs with two spacious bedrooms each with a walk-in closet and hardwood flooring. The second floor bathroom was remodeled in (2014). All the windows have cordless blinds and drapes. The basement has a rec area with new flooring and built-in bookshelves. There is also a laundry area with a new washer and dryer (2020) and plenty of storage. The 2 car detached garage was refurbished (2020) with new siding and roof. Huge backyard with mature trees, concrete patio and an additional flagstone patio. New roof (2014). New furnace, A/C, and hot water heater (2020), 150 AMP electrical panel, refrigerator (2020) dishwasher, and microwave (2017) stove (2010). Commuters dream location, one block from BNSF railway. Close to restaurants, grocery store, parks, post office, farmer's market (summer time), schools and Brookfield Zoo. The manager has listed the unit size as 1325 square feet.
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| Feb 17, 2017 | Sold | ||
| Sold | |||
| Dec 16, 2016 | Listed by Gaslight Realty | $330,000 | |
| Listed by Gaslight Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017