374 Cornell
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%.
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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 |
|---|---|---|---|
| Sep 12, 2024 | Sold | ||
| Sold | |||
| Jul 30, 2024 | In contract | - | |
| In contract | |||
| Jul 10, 2024 | Listed by Milbury and Company | $900,000 | |
| Listed by Milbury and Company | |||
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This updated and spacious three bedroom farmhouse located on quiet Cornell Road in Westport offers a charming home and property conveniently located between Westport's Central Village, Westport Point & Adamsville. The main level features a spacious kitchen open to a bright family room with attached deck great for daily living and entertaining. A formal dining room, living areas as well as a full bathroom complete the first floor. Upstairs are three spacious bedrooms with an updated full bath and storage. The detached two car garage has a heated finished office or gym space with south facing deck. The sloping property with 1.4 acres has mature trees, stonewalls and plantings with privacy and room for home expansion. 374 Cornell Road is within membership areas of Acoaxet Golf Club, Elephant Rock Beach Club, and Spindle Rock Club Yacht Club in Westport Harbor.
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| Aug 19, 2014 | Sold | ||
| Sold | |||
| Jun 6, 2014 | Listed by Milbury and Company | $379,000 | |
| Listed by Milbury and Company | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017