2326 Cornell 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 |
|---|---|---|---|
| Mar 2, 2020 | Sold | ||
| Sold | |||
| Jan 15, 2020 | Listed by Douglas Elliman of California | $975,000 | |
| Listed by Douglas Elliman of California | |||
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Jun 14, 2018 | Listed | $949,000 | |
| Listed | |||
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WHOLE. NINE. YARDS. You want a beautiful ranch single-story home on a large 7,000+ square foot lot. But you also want a spacious master suite with a master bath with soaking tub, dual sinks and a walk in shower---what dreams are made of? Maybe throw in the largest kitchen island you've ever seen with all the bells and whistles. It would have the aesthetics of a 50's ranch home but everything would be new from the plumbing and electrical to the windows and doors and even down to every appliance. This isn't your usual flip home. It's the pinnacle of a 3 year project for an owner who loves design. Completely gutted down to the studs, remodeled and redesigned. The great room highlights large windows, allowing a flood of natural sunlight, and the yard---a HUGE yard, and a completely blank slate to let your imagination go wild. Centrally located to noteworthy restaurants and the best beaches Orange County has to offer, are you ready to come home? The manager has listed the unit size as 1800 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017