33
Map
503 CORNELL AVENUE
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%.
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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.
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 |
|---|---|---|---|
| Jul 25, 2025 | Sold | ||
| Sold | |||
| Jul 2, 2025 | In contract | - | |
| In contract | |||
| Jul 2, 2025 | Price Increased |
$355,000
↑ $5K
(1.4%) | |
| Price Increased | |||
| Jun 19, 2025 | Price Decreased |
$350,000
↓ $10K
(2.8%) | |
| Price Decreased | |||
| May 24, 2025 | Listed by Mackintosh , Inc. | $360,000 | |
| Listed by Mackintosh , Inc. | |||
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Don't miss your opportunity to own this beautifully maintained, tastefully updated 3 bedroom/2 full bathroom split level in sought after Colonial Park East neighborhood. Less than a mile to Meritus Medical Center, 3 miles to I-70 and I-81, and 40 minutes to the MARC train. No city taxes. New roof, windows, hot water heater, and HVAC in 2023. Hardwood floors throughout the home. The lower level has a spacious living room with recessed lighting and a gorgeous brick fireplace with pellet stove insert. Kitchen has stainless steel appliances, stunning quartz countertops, and plenty of cabinet and useable counter space. Separate dining room is perfect for entertaining. Full bathroom has easy walk-in shower, ceramic tile floor and quartz vanity top. Laundry room with washer and dryer included. Lower level walks out to the private, fully fenced back yard. The upper level features three very nicely sized bedrooms with ample closet space. Primary bedroom has a huge walk-in closet. Second full bathroom with ceramic tiled shower. The attached, oversized garage has pull down stairs leading to the attic for plenty of extra storage space. Located in close proximity to downtown Hagerstown, shopping, fine dining, and the historic Maryland Theatre. Schedule your showing and make this home yours today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017