1746 Cornelius Trace Loop
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 12, 2022 | Sold | ||
| Sold | |||
| Apr 1, 2022 | Listed by Tammy Bateman Properties | $1,150,000 | |
| Listed by Tammy Bateman Properties | |||
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This gated Spring Branch beauty is a dream for the home entertainer, delivering stylish, airy, open living overlooking an all-seasons backyard. First impressions are of lofty ceilings, expansive spaces and windows wrapped around covered seating with outdoor kitchen and shimmering pool. An enormous dining room with stately fireplace and bookshelves beautifully manages large dinner parties. Soaring ceilings in the huge chef’s kitchen with illuminated glass front cabinets, massive island and breakfast room, overlooks the stone deck pool and seamlessly connects to the expansive great room with built-ins and fireplace. An iron and wood staircase leads to a game room/den with a wall of built-ins, beverage bar with fridge and big balcony for breezy nights. The oversized owner’s suite with phenomenal space in dual closets connects to the laundry room. On the third floor, a media room, bedroom, full bath and walk-in attic with floor. All bedrooms are ensuite with walk-ins. Great garage storage!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017