44585 Kornell Street
About This Property
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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%.
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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.
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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 6, 2021 | No longer available | - | |
| No longer available | |||
| May 14, 2021 | In contract | - | |
| In contract | |||
| Apr 12, 2021 | Listed | $899,000 | |
| Listed | |||
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Beautiful Mediterranean Home in the highly sought after Morgan Hill! This 7 Bedroom, 6 bath floorplan doesn't become available often. Upon entry is a beautiful custom paved driveway and path that lead to the wrought iron gate with private courtyard! To the immediate right is a detached Casita with its own entrance.. featuring a full bath and walk in closet. As you enter the main residence the foyer opens to a large open concept formal living and dining space, to the left is a flex space perfect for an office/ additional bedroom or den. Beautiful newly installed wood flooring (featured throughout the home) leads you past the staircase to the open concept kitchen/family room. A chefs dream.. the kitchen features rich wood cabinets, upgraded stainless appliance package, large center island, granite counter tops and a beautiful butlers pantry! The home features one Bedroom & full bath downstairs and upstairs you'll find 4 secondary bedrooms, jack and jill bathroom (all baths have been upgraded with seamless glass enclosures and upgraded tile), huge master bedroom with fireplace and beautiful spa like master bath. A large loft finishes the second floor! The backyard is your own private oasis featuring tranquil mature trees, grass and a large side yard featuring raised planter beds for year round gardening. Enjoy all the Morgan Hill Community Amenities pool/spa/clubhouse/tennis courts & more! All this and the highly acclaimed Great Oak School District. Listing agent Robin McCann The manager has listed the unit size as 4573 square feet.
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| Apr 23, 2019 | Sold | ||
| Sold | |||
| Dec 21, 2018 | Listed by Coldwell Banker Assoc.Brkr-Mur | $750,000 | |
| Listed by Coldwell Banker Assoc.Brkr-Mur | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017