265 Cornell Rd
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 |
|---|---|---|---|
| Aug 22, 2022 | Sold | ||
| Sold | |||
| Jun 30, 2022 | Listed by Milbury and Company | $795,000 | |
| Listed by Milbury and Company | |||
| Jan 29, 2016 | Sold | ||
| Sold | |||
| Aug 15, 2014 | Listed by Milbury and Company | $595,000 | |
| Listed by Milbury and Company | |||
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The property is located on Cornell Road, a scenic way that is dotted with antique homes, pastoral farms and pristine woodlands. The home is surrounded by established gardens, magnificent trees, ancient stone walls and is highlighted by a stunning 6 acre meadow. This conveniently located property is adjacent to the Herb Hadfield Conservation preserve, a 50 acre woodland property along Angeline Brook. Built in 1890, this prominently sited antique home has been meticulously restored & features many of today's comforts without sacrificing its historic, architectural charm. The handsome residence offers gracious foyer, formal living room, dining room and spacious country kitchen with its adjacent screened room overlooking the terrace, lawn and meadow beyond. Office and full bath complete the first floor. The second level has three bedrooms and a full bath. Period amenities; high ceilings, crown molding, richly aged wood floors, etched glass, and carefully restored 6 over 6 paned windows
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| Jan 29, 2002 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017