11200 Cornerstone Way
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 |
|---|---|---|---|
| Mar 6, 2025 | Sold | ||
| Sold | |||
| Feb 21, 2025 | In contract | - | |
| In contract | |||
| Jan 30, 2025 | Listed | $318,990 | |
| Listed | |||
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Lois Plan - Welcome to this Craftsman style ranch home with a covered back porch. Open concept floor plan with a spacious great room, kitchen and dining area, split bedroom plan, owner's suite has a walk in closet, double vanities and separate tub & shower, two secondary bedrooms, hall full bathroom and a laundry room. Interior features include carpet in bedrooms, luxury vinyl tile in baths, luxury vinyl plank in common areas, 42 inch cabinets, granite countertops, large kitchen island. Exterior features Hardie-Plank siding, stone accents, rear patio. Completion date Feb 20th.
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| Sep 27, 2024 | Listed by Keller Williams Realty Atl. Partners | $318,990 | |
| Listed by Keller Williams Realty Atl. Partners | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017