15 Cornbrook
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 25, 2025 | Sold | ||
| Sold | |||
| Mar 9, 2025 | In contract | - | |
| In contract | |||
| Jan 30, 2025 | Listed by Better Homes and Gardens Real Estate - The Masiello Group | $1,599,000 | |
| Listed by Better Homes and Gardens Real Estate - The Masiello Group | |||
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Located in the highly sought-after town of Kennebunkport, 15 Cornbrook Lane offers the perfect blend of coastal charm and modern comfort. This exquisite property is located in a serene, private neighborhood, just moments from the town's vibrant shops, restaurants, and beautiful beaches. The gourmet kitchen is a chef's dream, equipped with top-of-the-line appliances, custom cabinetry, and an oversized island perfect for entertaining. The adjoining dining and living areas are perfect for gathering with family and friends, while a cozy fireplace adds warmth and charm to the space. The first floor primary suite offers a private retreat with vaulted ceilings, a spa-like en-suite bathroom & a walk-in closet. The home also has an office upstairs for remote work. The finished lower level features a media room, wet bar & unfinished space for storage. The detached barn includes a heated garage, perfect for bicycles & beach gear. Make it your year-round residence or a luxurious vacation home.
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| May 3, 2021 | Sold | ||
| Sold | |||
| Jul 3, 2014 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017