16971 W Cornwall Drive
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 |
|---|---|---|---|
| Aug 23, 2024 | Sold | ||
| Sold | |||
| Apr 22, 2024 | Listed by Reliant Realty ERA Powered | $500,000 | |
| Listed by Reliant Realty ERA Powered | |||
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Owner is accepting backup offers. Current Contract has a sale of buyers property contingency and buyers doesn't appear ready to close on July 18, 2024.
Come and enjoy the peace and tranquility this home and the community provides. This charming home offers wood laminate floors and gas fireplace in living room, kitchen has gas stove and granite countertops. Roof is 5 years old, water heater is 7 years old, property is fenced. Enjoy the peaceful large covered open porch. The beautiful backyard is a treat for quiet living and entertainment. Home was tented in 2020. Chandelier in the dining room does not convey. Lots of parking spaces in the yard. BACK ON MARKET AS BUYERS COULD NOT SECURE FINANCING!
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| Dec 12, 2014 | Sold | ||
| Sold | |||
| Jul 9, 2014 | Listed by Now Properties Inc | $189,900 | |
| Listed by Now Properties Inc | |||
| Mar 4, 2014 | Sold | ||
| Sold | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017