2842 Cornelius Drive
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 |
|---|---|---|---|
| Feb 26, 2026 | Sold | ||
| Sold | |||
| Feb 5, 2026 | In contract | - | |
| In contract | |||
| Jan 27, 2026 | Listed by Infiniti Real Estate | $624,888 | |
| Listed by Infiniti Real Estate | |||
| Mar 26, 2025 | Sold | ||
| Sold | |||
| Jan 6, 2025 | Listed by Intero Real Estate Services | $499,000 | |
| Listed by Intero Real Estate Services | |||
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Contractor Special in Prime Location! Located in the family friendly Tara Hills neighborhood. Bring your vision to life with this 3-bedroom 2-bath home sitting on a massive 15,000+ sq. ft. lot. This property is a blank canvas ready for your next big project! While it needs everything inside and out, the possibilities are endless. Perfect for a seasoned investor or contractor looking for their next challenge. Don't miss out on this rare opportunity to transform a fixer-upper into a dream home or profitable investment.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017