2929 CORNUCOPIA AVE
About This Property
Upon entering through the covered porch, you are greeted by an inviting foyer that offers a flex room - ideal for a home office - and leads to a spacious living area illuminated by natural light. The open floorplan seamlessly connects the great room to the kitchen, complete with stainless steel appliances, soft close cabinets , sleek counters with a spacious island, and a coveted walk-in pantry, ensuring ample storage space. There is a thoughtfully designed mudroom conveniently located off the attached two car garage, providing built-in cubbies for a practical transition space to keep things organized.
Adding to the convenience of the first floor you will find a well-appointed half bathroom, access to the full basement (endless possibilities!), and a sliding patio door providing access to the large backyard.
On the second floor, the main suite is a retreat unto itself, featuring vaulted ceilings, a luxurious en-suite bathroom with a walk-in shower and his and hers sinks, and a large walk-in closet.
Each additional bedroom is generously sized and shares a full size bathroom featuring a dual-sink vanity, making morning routines seamless and efficient. The inclusion of a laundry room on the same floor adds convenience. * Exterior and Interior photos are from a previous model; colors and architectural details are subject to change. Attached blueprint will provide details on floor plan. *Taxes to be determined by tax assessor**
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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 15, 2025 | Sold | ||
| Sold | |||
| Dec 20, 2024 | In contract | - | |
| In contract | |||
| Jul 10, 2024 | Listed by Exit Homestead Realty Professi | $524,900 | |
| Listed by Exit Homestead Realty Professi | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017