17278 Cornerstone Ln
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 |
|---|---|---|---|
| May 17, 2024 | Sold | ||
| Sold | |||
| Apr 23, 2024 | In contract | - | |
| In contract | |||
| Apr 4, 2024 | Listed by Guide Real Estate | $800,000 | |
| Listed by Guide Real Estate | |||
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This remodeled gem features a fully finished walk-out basement, a main-floor primary bedroom, a large main-floor Office, and updated mechanicals, including a newer AC unit, newer HVAC, brand new 50 gallon water heater AND a *BRAND NEW ROOF* installed in October 2023 that comes with a 1 year transferrable warranty for the new buyers. Not only is this home situated on a generous .25 acre lot at the end of a quiet Cul-De-Sac, its also directly next door to a neighborhood playground & basketball courts making your daily recreation as easy as walking out the front door. One of the things the homeowners loved was that its far enough away from freeways that its a quiet neighborhood but effortless freeway access is just a few minutes away. Right outside your door you have your perfect oasis to sip your morning coffee on your covered front patio and enjoy the warmth of the Colorado Sun on your large back deck. The heart of the home is undoubtedly the stunning kitchen, complete with a sunny breakfast nook, convenient eat-up bar, and luxurious quartz countertops. The adjoining family room boasts a warm and cozy fireplace and built-in shelving, creating the perfect setting for movie nights or hosting friends and family. And did we mention the community perks? Enjoy easy access to nearby pools, tennis courts, Challenger Regional Park, and top-rated schools. Plus, with shopping and dining options just minutes away, you'll never be bored. Don't miss out on this incredible opportunity to live your best life in style and comfort. Come see this amazing home for yourself today!
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| Jun 17, 2022 | Sold | ||
| Sold | |||
| May 12, 2022 | Listed by Guide Real Estate | $875,000 | |
| Listed by Guide Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017