3835 Cornell Drive
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 |
|---|---|---|---|
| Aug 1, 2024 | Sold | ||
| Sold | |||
| Jun 26, 2024 | Listed by HomeSmart Realty West | $998,000 | |
| Listed by HomeSmart Realty West | |||
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Single-story hilltop home in highly sought-after neighborhood of Mira Costa Estates, just ~4 miles inland. Elevated lot offers privacy and views from your south facing sunny backyard. You'll love listing to the birds while enjoying cool coastal breezes! Quiet location is away from busy streets without through traffic. Vaulted ceilings in main living areas. Oversized primary suite with retreat, double closets, and newly remodeled bathroom. Durable LVP flooring throughout and roof was replaced in early 2017. Energy efficient home with high efficiency HVAC installed in late 2019, water heater was replaced in 2022, and windows have been replaced as well. Refrigerator, washer/dryer and Ring doorbell all convey. Termite completion/clearance in hand. Close to numerous restaurants, grocery stores & shopping. Venture to nearby Carlsbad Village downtown Oceanside with trendy new restaurants opening all the time! Quick access north on Rancho Del Oro to the incredible Oceanside Aquatic Center and Frontwave Arena, the soon to be home of the SD Clippers of the NBA G League, the SD Sockers of the Arena Soccer League, and concert venue! No HOA! No Mello-Roos!
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| Dec 28, 2016 | Sold | ||
| Sold | |||
| Dec 2, 2016 | Listed by Keller Williams Realty | $467,500 | |
| Listed by Keller Williams Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017