40075 Cornflower Lane
About This Property
As you approach the property, you'll be greeted by a paved driveway leading you to this special homesite. The land is adorned with magnificent rock outcroppings and mature oak trees, creating a serene and picturesque setting.
Step inside to discover a spacious interior featuring an open floor plan, vaulted ceilings, and ceiling fans that enhance the airy ambiance. The large kitchen is a chef's delight, boasting ample space and storage for all your culinary needs. The secluded master bedroom offers a peaceful retreat, ensuring privacy and comfort.
In addition to the main living area, this home includes a versatile bonus room where the laundry is located, perfect for a hobby space, extra storage, or a generous pantry.
Enhancing the foothill living experience, you'll also find a carport with a convenient storage loft, a storage shed, and a handy workshop, making this property ideal for those who enjoy the outdoors or have hobbies that require extra space.
Experience the luxury of foothill living in this exceptional home, where nature and comfort come together in perfect harmony. Come and see for yourself the endless possibilities that await you in this ideal setting!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 17, 2025 | Sold | ||
| Sold | |||
| Aug 19, 2025 | In contract | - | |
| In contract | |||
| Aug 1, 2025 | Listed by eXp Realty of California Inc | $300,000 | |
| Listed by eXp Realty of California Inc | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017