3725 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%.
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 11, 2023 | Sold | ||
| Sold | |||
| Sep 8, 2023 | Listed by Compass | $442,900 | |
| Listed by Compass | |||
| Oct 7, 2021 | No longer available | - | |
| No longer available | |||
| May 15, 2021 | In contract | - | |
| In contract | |||
| May 9, 2021 | Listed | $360,000 | |
| Listed | |||
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All offer due by 5/13 at 7pm. Beautiful 3bd 2ba ranch home in the desirable South Hollywood area of Brookfield. This gut rehab is on a slab foundation, has a chef's kitchen with quartz counters, farmhouse sink, stainless steel appliances including subzero fridge, gas stove, under cabinet vacuum and pot filler. Custom cabinetry and quartz continue with built-ins in the living room and master suite with custom glass shower with subway tile and four Grohe body sprayers and rain shower head. Hardwood floors in main area of the home and heated tile floors in master bedroom and both bathrooms. Brand new roof and all new Anderson windows. Large yard with 50ft wide lot. Screened in porch is a perfect way to host your post-pandemic summer get togethers! Top schools! Kiwanis Park! Two blocks from the Metra, family strolls thru the zoo at the drop of a dime? 100% possible here! The manager has listed the unit size as 1400 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017