27 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 |
|---|---|---|---|
| Nov 14, 2013 | Sold | ||
| Sold | |||
| Sep 4, 2013 | Listed by Century 21 North Shore | $359,000 | |
| Listed by Century 21 North Shore | |||
| Jul 26, 2013 | Sold | ||
| Sold | |||
| Jul 20, 2012 | Listed by Vylla Home | $230,000 | |
| Listed by Vylla Home | |||
| | |||
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MUST BE CASH. BUYER RESPONSIBLE FOR CLEAN UP OF SOIL CONTAMINATION. Unique home in desirable Raymond Farms. Main house ftrs 4br/1.5ba, LR, DR & den. Spacious in-law with sep entrance ftrs full bath, vaulted ceilings &exposed beams..perfect for au-paire, teen or ext family. Also level, fenced rear yard & wood burning fp. Roof is 11 years young, newer "Tanksure" heating system Short sale-professional negotiator. Had 3rd party approval once... Need offer quickly. Could use some TLC
| |||
| Jan 16, 2011 | Listed by Century 21 North Shore | $369,000 | |
| Listed by Century 21 North Shore | |||
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