3205 Cornell Avenue
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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%.
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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 |
|---|---|---|---|
| Aug 16, 2021 | Sold | ||
| Sold | |||
| Jun 2, 2021 | Listed by Compass RE Texas, LLC. | $1,550,000 | |
| Listed by Compass RE Texas, LLC. | |||
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Classic, tudor style home located in the heart of Highland Park & walking distance to coveted Armstrong Elementary and SMU. Natural light and high ceiling formal living with fireplace and large windows overlook this picturesque walking neighborhood. The transitional floor plan has multiple uses with an open area off the kitchen and formal dining rm with views of nature throughout. The family rm with wet bar and refrigerator can be a gameroom or a cozy space to watch football or movies. Second floor has an extended master suite with sitting area and double vanities and walk-in closets. There are 3 guest rooms upstairs. Convenient access to Katy Trail, shops and dining at Knox-Henderson & Highland Park Village.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017