4 Cortland 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 28, 2025 | Sold | ||
| Sold | |||
| Jan 21, 2025 | In contract | - | |
| In contract | |||
| Jan 14, 2025 | Listed by Coldwell Banker Realty - Beverly | $879,000 | |
| Listed by Coldwell Banker Realty - Beverly | |||
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Opportunity knocks! Buyer financing fell through. Sited on a cul-de-sac, this move-in ready Colonial is not a drive by! Freshly painted throughout, new kitchen cabinets, new Quartz countertops, new SS appliances, new hardwood flooring throughout, new baths with tile floors, finished lower level with tile floors, recessed lighting, 3/4 bath, wet bar! The first floor offers a family room, living room with wood burning fireplace, half bath with laundry hook up, convenient side entry leading to driveway. The kitchen is crisp and white with gas stove, breakfast bar, dining area with slider that leads to deck, paver patio and yard. The second floor offers the main bedroom with double closets, 3/4 bath, ceiling fan. Three additional bedrooms all with hardwood floors & ceiling fans. The basement is partially finished and perfect as a game room or possible extended living or space for guests. New hot water tank, new gutters, new shed added to a large private yard!
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| Dec 25, 2024 | No longer available | - | |
| No longer available | |||
| Dec 19, 2024 | Delisted | - | |
| Delisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017