524 Cornwall 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 |
|---|---|---|---|
| Jul 26, 2024 | Sold | ||
| Sold | |||
| Jun 13, 2024 | In contract | - | |
| In contract | |||
| Jun 5, 2024 | Listed by WNY Metro Roberts Realty | $259,900 | |
| Listed by WNY Metro Roberts Realty | |||
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Welcome to 524 Cornwall Ave! This exquisite brick Cape Cod home offers 4 bedrooms and 1.5 baths, featuring numerous updates and modern amenities. Updates 2021 refinished Harwood floors. Complete kitchen remodel with new soft-close cabinetry, granite counters, flooring, and electrical work. Stainless steel kitchen appliances. Fully remodeled bathroom featuring a tiled floor, tile surround, new vanity, new plumbing, electrical. Half bath toilet, flooring, and plumbing. new electric service and outlets throughout the home. 2022 updates forced air high-efficiency furnace and A/C. Spacious living room with an updated gas fireplace and vented chimney. New interior and exterior light fixtures, including recessed lighting. Backup sump pump installed for added peace of mind. New exterior doors 2023. All window treatments and area rugs are included. Dry partially finished basement with extra living space and ample storage. Fully vinyl-fenced backyard providing a private outdoor space. This home combines modern comforts with classic charm, making it a perfect choice for any family. Don’t miss out on this beautifully updated property! Showings Start 6/5/24 no negations until 6/12/24 12pm
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| Jan 15, 2021 | Sold | ||
| Sold | |||
| Nov 3, 2020 | Listed by Gurney Becker & Bourne | $185,000 | |
| Listed by Gurney Becker & Bourne | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017