26 CORNELIA DR
About This Property
With a little elbow grease, creativity, and plenty of vision, you can transform this hidden gem into an awe-inspiring masterpiece. From the moment you step through the front door, you'll be greeted by a world of exciting possibilities.
The spacious living area offers a blank canvas to showcase your personal style and design flair. Whether you prefer a modern, minimalist aesthetic or a cozy, traditional ambiance, this space is just waiting for your creative touch. Picture yourself hosting family gatherings, movie nights, or simply enjoying a quiet evening in the comfort of your own living room.
The kitchen, while in need of some TLC, has all the makings of a culinary haven. Bring your inner chef to life as you imagine the potential for custom cabinets, sleek countertops, and top-of-the-line appliances. The adjacent dining area provides the perfect setting for intimate dinners or lively brunches with friends.
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Cap Rate Calculator
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 |
|---|---|---|---|
| May 1, 2024 | Sold | ||
| Sold | |||
| Mar 19, 2024 | In contract | - | |
| In contract | |||
| Mar 5, 2024 | Price Decreased |
$279,000
↓ $5K
(1.8%) | |
| Price Decreased | |||
| Jan 23, 2024 | Listed by HomeSmart First Advantage Realty | $284,000 | |
| Listed by HomeSmart First Advantage Realty | |||
| May 1, 2019 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017