39 Mccormack St
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 |
|---|---|---|---|
| Jan 3, 2025 | Sold | ||
| Sold | |||
| Dec 7, 2024 | In contract | - | |
| In contract | |||
| Nov 29, 2024 | Listed by StartPoint Realty | $579,900 | |
| Listed by StartPoint Realty | |||
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Attention flippers/rehab specialists; or better yet someone looking for a good home in a great neighborhood that is willing to do some work. The home is bright and sunny with 3 bedrooms/1.5 baths, and is absolutely livable. Structurally sound with updated electrical, heating, 2 year old roof and freshly painted interior. Kitchen/bath needs updating. Plenty of off street parking. Great location: close to two major highways, parks and walking/biking trails. FYI.. still doing some clean up but certainly can see the potential!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017