3 Oak Tree Drive
About This Property
As you approach the home, you'll be greeted by its well-manicured landscaping, to the left lies a serene creek, crossed by a quaint small bridge. Step inside to discover a spacious and inviting interior, featuring an abundance of natural light and attractive hardwood floors throughout the main floor. The upper level accommodates two generously sized bedrooms and a full bathroom, while the lower level offers versatility with an additional bedroom or office space with another full bathroom, allowing for various uses according to your needs.
The heart of the home is the expansive living area, where friends and family can gather for memorable moments. Outside, the expansive backyard is perfect for enjoying the beautiful weather and hosting outdoor gatherings. Spend your evenings grilling on the patio, lounging in the sun, or hanging around the fire pit.
Conveniently located near top-rated schools, parks, shopping, dining, and major highways, this home offers easy access to everything Cornwall has to offer.
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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 |
|---|---|---|---|
| Jul 3, 2025 | Sold | ||
| Sold | |||
| May 28, 2025 | In contract | - | |
| In contract | |||
| May 4, 2025 | Listed by Real Broker NY LLC | $515,000 | |
| Listed by Real Broker NY LLC | |||
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Tucked away on over 1 acre of picturesque views in the highly sought after town of Cornwall this home is a hidden gem waiting to be discovered! Surrounded by lush greenery & mature trees this property provides the perfect combination of tranquility & just a stones throw away from the heart of historic Cornwall! Meticulously maintained landscaping accented by a charming bridge that crosses over a peaceful creek setting a tone of serenity. Step through the front door & you're greeted by an inviting sunlit interior ft. elegant hardwood floors that span the main living area. The home hosts 3 spacious beds each filled with natural light & ample closet space! At the heart of this home is a spacious living area designed with gatherings in mind! Ideal for creating lasting memories. The large windows throughout ensure every room feels bright & welcoming. Step outside & discover an expansive backyard perfect for outdoor entertaining or relaxing. Imagine warm summer evenings grilling on the patio & sun-filled afternoons in the lush grass or cozying up by the fire pit under the stars. Ideally situated this home is just moments away from charming parks delightful dining options local shops & major highways. Home fully wired for generator.
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| Sep 16, 2024 | Sold | ||
| Sold | |||
| Jul 24, 2024 | In contract | - | |
| In contract | |||
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About Orange
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017