241 E Cornwall Road
About This Property
Step inside this light-filled home to find thoughtful updates throughout, including fresh paint, elegant crown molding, luxury flooring, vinyl tilt-out windows, blinds, upgraded lighting.
The renovated kitchen is a showstopper, with custom cabinetry, granite countertops, slide-in island range, stainless steel appliances, and soft-close drawers and cabinet doors, making it ideal for both everyday living and entertaining. Bathrooms have been refreshed with new vanities, sinks, and bright white refinished tubs and showers, adding a modern touch to this classic home. Enjoy outdoor living on the updated back deck overlooking a large, private backyard-ideal for gatherings and play. The lush landscaping, including established perennials and a mature peach tree, provide both beauty and privacy. The outdoor shed and storage room add convenient extra storage.
A standout feature is the separate apartment space (within the home), complete with its own full kitchen, bedroom, and bath-perfect for multi-generational living, a private guest suite, or rental potential. Additional highlights include: Exterior paint (April 2025), New roof (Dec 2021), Prime walkable location,
Don't miss this rare opportunity to own a turnkey home with flexible living options, modern upgrades, and unbeatable location in one of Cary's most sought-after neighborhoods!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017