4515 Cornerstone 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 |
|---|---|---|---|
| Oct 18, 2022 | Sold | ||
| Sold | |||
| Jun 23, 2022 | Listed by Pate Real Estate | $565,000 | |
| Listed by Pate Real Estate | |||
| | |||
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Quality constructed four bedroom, three bath home in Heritage Glen. Convenient to I85/40- Exit 143 and E.M. Holt Elementary and Southern Alamance Middle and High schools. Owners bedroom suite on lower level, all bedrooms have walk-in closets, double garage, rear deck. Vaulted ceiling living room, spacious rear yard. Ideal family home.
| |||
| May 5, 2022 | Listed by Pate Real Estate | $565,000 | |
| Listed by Pate Real Estate | |||
| Jan 27, 2017 | Sold | ||
| Sold | |||
| Apr 26, 2007 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017