3115 Cornwall Road
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 |
|---|---|---|---|
| Oct 15, 2024 | Sold | ||
| Sold | |||
| Sep 16, 2024 | In contract | - | |
| In contract | |||
| Sep 11, 2024 | Listed by Peak, Swirles & Cavallito | $3,475,000 | |
| Listed by Peak, Swirles & Cavallito | |||
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Perfection. Expertly renovated by Grau Building incorporating the talented vision of WHJ Design. Originally a 1963 ranch, this home has been expanded to include a 2nd floor with 3 ensuite BRs & lounge area plus a back stair to a separate bonus space for play, media, exercise plus walk in storage. Extraordinary screen porch beckons with stone raised hearth wood burning FP & gas starter, vaulted bead board ceiling & flagstone floor extending to large patio and built-in grilling station. Welcoming interior flows easily for entertaining. Beautiful T&G vaulted & trussed ceiling is focal point of the inviting LR whose windows showcase the pretty yard and golf course beyond. Elegant DR can host dinner parties with enough room for that special sideboard plus pretty lighted alcoves for display. Gorgeous, private primary suite is tucked beyond the staircase is truly a cozy retreat. The beautiful bath has dual vanities, separate walk in closets, soaking tub and large shower with seat. Adjacent to the primary suite is a study also with golf view. The study, which could be a second main level BR, is just steps from its own full bath. Fabulous kitchen!! Expansive island, furniture styled cabinetry, quality appliances include Wolf gas range, SubZero refrigerator, Bosch dishwasher. Separate bar service area features sink, pellet ice maker, beverage fridge and wine chiller. Privately sited on almost an acre, this 2016 home renovation has been landscapied to enhance and nestle the home into its environment. A thoughtful combination of hardscape and specimen planting, strategic irrigation and accent lighting enhance the enjoyment of this property.
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| Mar 3, 2016 | Sold | ||
| Sold | |||
| Nov 3, 2015 | Listed by Ward & Misenheimer Realtors | $980,000 | |
| Listed by Ward & Misenheimer Realtors | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017