2 Cornwallis Road
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 |
|---|---|---|---|
| Sep 23, 2024 | Sold | ||
| Sold | |||
| Jul 30, 2024 | In contract | - | |
| In contract | |||
| Jul 11, 2024 | Listed by Daniel Gale Sothebys Intl Rlty | $695,000 | |
| Listed by Daniel Gale Sothebys Intl Rlty | |||
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Located in the desirable Nassakeag Ridge neighborhood in the Heart of the Three Village area, this well maintained and loved Classic Colonial offers the most convenient location to Stony Brook Universty, SB Hospital, shopping and all that the beautiful North Shore has to offer. Generously sized rooms, beautiful hardwood floors and many recent upgrades add to the appeal of this home. Renovated Kitchen with Shaker cabinets, granite counters and island has stainless appliances and is open to welcoming Dining Room. Formal Living Room with Fireplace, convenient Den, Bedroom and full Bath complete the first level. The second level opens to a spacious landing, front to back Primary Suite with abundant closet space, 2 additional Bedrooms and vaulted shared Bath with bubble tub. The full basement is finished with an unfinished work shop & utility area, new oil tank, updated 3 zone heating system and laundry. Nearly 1/2 acre of mature plantings with specimen azaleas and rhododendrons offers complete privacy and can be enjoyed from the rear deck. Newer roof (2017), New burner, oil tank and hot water heater (2015), all Anderson windows, 200 Amp electric, 2 car garage, sprinkler system and more. Three Village Schools Pride of Ownership!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017