2089 CORNELL Road
About This Property
roof was installed approximately 5 years ago. This home is the ideal place to add your signature style and taste. The backyard and screened-in pool are accessible just off the kitchen via two separate double entry glass doors. The hallway off the entry leads to the primary and guest bedrooms which feature ample sized closets and newer bathrooms. The exterior of the home showcases a large open backyard space with a swimming pool to create memorable moments with the family all year long. Property is situated in a quiet tree lined neighborhood that is in close proximity to shopping and dining, and less than 15 minutes from OakLeaf Town Center.
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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 |
|---|---|---|---|
| Feb 4, 2025 | Price Decreased |
$400,000
↓ $10K
(2.4%) | |
| Price Decreased | |||
| Jan 3, 2025 | Price Decreased |
$410,000
↓ $5K
(1.2%) | |
| Price Decreased | |||
| Nov 19, 2024 | Listed | $415,000 | |
| Listed | |||
| | |||
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Welcome to 2089 Cornell Road! This charming home sits on a peaceful .36-acre lot in one of Middleburg's lovely, quiet neighborhoods, surrounded by great schools. Inside, enjoy a spacious, beautifully updated kitchen and relax outdoors in the screened-in pool, resurfaced in 2022. Recent upgrades include a new A/C, appliances, water softener, and septic service in 2022, plus a new roof in 2019. Ready to be enjoyed!
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| Jul 14, 2022 | Sold | ||
| Sold | |||
| Mar 31, 2022 | Listed by CHAD AND SANDY REAL ESTATE GROUP | $360,000 | |
| Listed by CHAD AND SANDY REAL ESTATE GROUP | |||
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About Middleburg
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017