251 Cornelia Dr
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 24, 2024 | Sold | ||
| Sold | |||
| Jul 12, 2024 | Listed by RE/MAX Alliance-Windsor | $1,267,978 | |
| Listed by RE/MAX Alliance-Windsor | |||
| May 8, 2024 | Price Increased |
$1,267,978
↑ $22K
(1.7%) | |
| Price Increased | |||
| Apr 4, 2024 | Listed | $1,246,261 | |
| Listed | |||
| | |||
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Welcome home to the Ellingwood- a craftsman-inspired home adorned with custom touches throughout. This expansive 2-story is gracefully positioned on a garden-level lot that overlooks the canal leading to Windsor Lake. As you step inside, the great room welcomes you with its floor-to-ceiling windows, filling the space with natural light and offering picturesque views of the foothills and the canal. A modern linear gas fireplace, surrounded by tile and complemented by built-in shelving, adds to the cozy and inviting atmosphere. Unleash your inner chef and make a lasting impression on your guests in the gourmet kitchen, featuring custom Milarc cabinets, premium Dacor appliances, and Cambria quartz countertops. Effortlessly tackle kitchen tasks within the walk-in pantry, complete with a prep sink, additional counter and storage space, and a convenient grocery door connecting directly to your garage. Step onto the wraparound covered deck-an ideal setting for enjoying your morning coffee or hosting lively BBQs. Upstairs, discover thoughtfully designed spaces for everyone's needs. A versatile loft is ideal for play or lounging, while having the convenience of laundry upstairs transforms daily chores into a breeze. The primary suite stands out as your personal oasis, featuring a private balcony with views of the foothills and canal, as well as a stunning 5-piece en suite. The unique freestanding tub, centered between large windows, invites you to relax while enjoying the serene views. Venture downstairs to the garden-level finished basement. It features a spacious recreation room, two additional bedrooms, a bathroom, and a stylish wet bar complete with a wine fridge. An expansive 3-car plus half tandem garage ensures ample space for all your outdoor toys and storage needs.. Enhancing the ambiance, a custom lighting package adds a touch of elegance throughout, while a professionally landscaped front yard ensures a welcoming first impression. Estimated Completion April/May
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| Aug 17, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017