38 Cordner Rd
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 |
|---|---|---|---|
| Feb 5, 2025 | Sold | ||
| Sold | |||
| Jan 8, 2025 | In contract | - | |
| In contract | |||
| Dec 20, 2024 | Listed by Berkshire Hathaway HomeServices Realty Professionals | $450,000 | |
| Listed by Berkshire Hathaway HomeServices Realty Professionals | |||
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Immediate occupancy for this adorable well maintained cape located at the end of Cordner abutting State owned Cold Spring Orchard. Freshly painted and ready for you to move in and enjoy. Many opportunities with this floor plan. 4 bedrooms and 2 full bathrooms. The 2nd floor could be used as a private Owners suite offering the extra bedroom as a home office. Or, use the 1st floor bedroom as the owners suite. This home offers different options. Fully applianced kitchen with laundry/pantry. The 4 season sunroom is currently being used as the dining room. Above ground pool and fenced in yard. Gazebo. Shed for storage, Carport and Solar panels that you will own at closing. New 4 bedroom septic was installed in May 2024. Buderus Heating 2021, Roof approximately 8 years young. This house is a gem. Call today and secure this little piece of heaven.
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| Nov 22, 1989 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017