4838 W Cornelia Avenue
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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 23, 2024 | Sold | ||
| Sold | |||
| Nov 1, 2023 | Listed by Compass | $474,999 | |
| Listed by Compass | |||
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Discover the ideal blend of modern living in a fully remodeled bungalow nestled in Portage Park. You will be welcomed by a sunny and open layout as you enter. The living room has a beautiful gas fireplace with a custom wood mantel and built in storage as well as a sun room alcove that would be the perfect place to cozy up with a book. The updated kitchen includes granite counters and newer appliances. Head past the kitchen into the spacious mud room with custom storage that can also double as an additional workspace! The finished basement includes large entertaining area, bedroom, laundry room, and even more storage space. Outside, a deck overlooks the large backyard, and a private driveway ensures hassle-free parking for your guests. Extra large lot (37 x 188). HVAC (2023), Laundry machines (2021), wool carpet upstairs (2019), fridge / stove / microwave / dishwasher (2019). Still have time to move in before the holidays!
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| Apr 12, 2019 | Sold | ||
| Sold | |||
| Feb 22, 2019 | Listed by Compass | $424,400 | |
| Listed by Compass | |||
| Mar 17, 2017 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017