2816 CORRIGAN DRIVE
About This Property
Whether you're a first-time homebuyer or looking for a low-maintenance property, this adorable home is ready to move in. With a great layout, ample living space, and a prime location, it's an excellent opportunity for anyone looking to enjoy the simplicity and ease of bungalow living. Includes a shed/workshop for all your extra toys or the one who likes to tinker.
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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 |
|---|---|---|---|
| Mar 20, 2025 | Sold | ||
| Sold | |||
| Feb 13, 2025 | In contract | - | |
| In contract | |||
| Jan 23, 2025 | Relisted | $227,000 | |
| Relisted | |||
| Jan 17, 2025 | In contract | - | |
| In contract | |||
| Dec 2, 2024 | Listed by SWANN REAL ESTATE INC | $227,000 | |
| Listed by SWANN REAL ESTATE INC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017