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56 Cornell Drive
About This Property
ExpandedFeatures gorgeous granite countertops, designer cabinetry (with 3 lazy Susans for maximum storage), recessed lighting, stainless steel appliances, a tile backsplash, and an externally vented exhaust fan.
Bright Living Space: Enjoy a spacious living room with vaulted ceilings, gleaming hardwood floors (which extend through the bedrooms), and sliding glass doors that open to your backyard oasis. Eco-Friendly & Cost-Saving: Say goodbye to high electric bills with FREE electricity via solar panels!Premium Mechanicals & Comfort: Equipped with energy-efficient gas heating, central air, a 5-year-young roof, a whole-house humidifier, a HEPA air filtration system, and a water softener with filtration.Outdoor Amenities: A fully fenced rear yard, patio block that is 14' wide and runs the length of the house, 14'x14' permanent gazebo, a massive storage shed (12x12x14), and an underground sprinkler system to keep your lawn pristine.Convenience at Your Doorstep:
Parking: Attached garage plus an oversized driveway with plenty of room for up to 4 vehicles.Location: Commuter's dream! Located just 5 minutes from the bus and train. Two miles from the ocean plus, Costco is right around the corner for ultimate convenience.
A true must-see! Schedule your tour today before this gem is gone
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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 |
|---|---|---|---|
| Sep 5, 2026 | In contract | - | |
| In contract | |||
| Jul 15, 2026 | Listed by Imperial Realty Properties | $689,000 | |
| Listed by Imperial Realty Properties | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017