48 Mccormack Ave
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 |
|---|---|---|---|
| Feb 28, 2017 | Sold | ||
| Sold | |||
| Jan 3, 2017 | Listed by COSMOPOLITAN Real Estate, Inc. | $464,900 | |
| Listed by COSMOPOLITAN Real Estate, Inc. | |||
| Oct 29, 2004 | Sold | ||
| Sold | |||
| Sep 27, 2004 | Listed by Century 21 Advance Realty | $439,900 | |
| Listed by Century 21 Advance Realty | |||
| | |||
|
Stunning renov CE col.FR in LR w/rec lights,WW over HW flrs t-out 1st flr.Study or 1st flr BR w/hidden wet bar.Gorg oak cab kit renov in 1997-granite cntrtop,ss sink,tile flr,4 yr old stove & mocro-opens to gorg renov 4 yr old DR w/elec remote skylt in cath ceil'g.4 Bedrooms on 2nd flr.1st flr marble tile BA w/jaq tub.2 fin rooms in Bsmt.Huge wrap around deck off rear w/bench seating,2 sheds in fenced yard,in-ground sprinkler,stone front ext,brick wall,fish pond.Young furnace & so much more.
| |||
| Aug 12, 2002 | Sold | ||
| Sold | |||
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