409 4th St.
About This Property
Welcome to 409 St in Corning. Situated in one of Cornings most tranquil neighborhoods where century old palm trees line up the streets. This charming home hosts a beautiful front yard with plenty of parking in the front and side area. Let's start with the newer Central Cooling and Heating. The house stays very cool during the hot summer days. Warm and cozy during the cold months. The living room has natural light coming through and the main focal point is the fireplace. The formal dining room if perfect to enjoy family meals. If a Spacious kitchen is what you are looking for, you have found it. The ample kitchen is connected to an area that can host a breakfast nook. This beautiful home has 3 spacious rooms down stairs. Upstairs you will find a huge master bedroom with a private bathroom. Featuring two full bathrooms and a half bathroom in the garage. Basement that is currently being used as an extra room. So many options and possibilities. The laundry room is conveniently inside and has direct access to the back yard. My favorite room is upstairs, Huge room with it's own mini split. This bathroom has a claw tub that's perfect for long relaxing baths. As we step outside, you will find yourself in a relaxing outdoor area with a covered patio. Perfect for hosting summer parties. Good sized back yard with access to a paved alley. Conveniently located within walking distance from city pool, Woodson elementary and the high school. The detached garage has its own half bathroom. This could be the perfect man cave. This home has it all, book your showing today. Home and Pest inspections available.
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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 |
|---|---|---|---|
| Oct 14, 2026 | Price Decreased |
$324,999
↓ $20K
(5.8%) | |
| Price Decreased | |||
| Sep 8, 2026 | Price Decreased |
$345,000
↓ $5K
(1.4%) | |
| Price Decreased | |||
| Aug 18, 2026 | Relisted | $350,000 | |
| Relisted | |||
| Jul 25, 2026 | In contract | - | |
| In contract | |||
| Jul 22, 2026 | Price Decreased |
$350,000
↓ $5K
(1.4%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017