2908 Cornerstone Ln
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 |
|---|---|---|---|
| Jan 31, 2025 | Sold | ||
| Sold | |||
| Jan 7, 2025 | In contract | - | |
| In contract | |||
| Dec 31, 2024 | Price Decreased |
$615,000
↓ $10K
(1.6%) | |
| Price Decreased | |||
| Dec 13, 2024 | Listed by Group Harmony | $625,000 | |
| Listed by Group Harmony | |||
| | |||
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Nestled in the highly desired Harvest Park neighborhood, this charming patio home offers the perfect blend of comfort, style, & convenience. With 5 bedrooms (1 non-conforming in the finished basement), 3 bathrooms, & a 2-car alley-load garage, this residence welcomes you w/ an inviting front porch that overlooks a lush, green pocket park. Inside, you'll find numerous upgrades, including beautifully tiled & hardwood floors on the main level, as well as brand-new high-end carpet & pad on the stairs, basement, & basement bedroom. The kitchen is a true culinary haven w/ granite countertops, a full-wall subway tile backsplash, stainless steel appliances, a pantry, a large picture window, & corner windows over the sink. The adjoining dining area, flooded w/ natural light, shares a gas fireplace-complete w/ a granite hearth & custom tile surround-w/ the living room, creating a warm & welcoming atmosphere. Upstairs, hardwood floors continue into the hallway & into the primary bedroom, which features a 5-piece bath & walk-in closet, while 3 generously sized secondary bedrooms share a full bath (1 also w/ a wood floor). The finished basement delights w/ wainscoting on the stairwell, custom lighting, & built-in shelving, offering a flexible space for living or entertaining. Additional premium touches include Anderson Double Hung windows w/ High Performance Low E-4 Smartsun Glass & TruScene Insect Screens, newer top-down/bottom-up shades, a newer garage door opener, & a newer roof. Step through the sliding door to a private patio & enjoy a small, low-maintenance yard w/ a sprinkler system & full fencing, ideal for casual outdoor gatherings. Many boxes of hardwood & other materials are being left at the home. With schools, businesses, & shopping just moments away, this home's east/south-facing front also ensures abundant morning sunshine. Pre-inspected, w/ a floor plan & special features page available for your review, this Harvest Park gem is ready to welcome you home.
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| Aug 3, 2022 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017