5621 CORNISH WAY
About This Property
The main level offers a rare and convenient bedroom with a full bath-perfect for guests or multigenerational living. The heart of the home is the stunning gourmet kitchen featuring quartz countertops, GE Cafe appliances, a gray glass subway tile backsplash, custom cabinetry, and an oversized island that seats four. Custom cabinetry continues into the adjacent living space, offering the perfect setup for a stylish home office.
Enjoy the light-filled living room with a wood-burning fireplace just off the kitchen, as well as a dedicated dining room that leads to a charming den with built-in bookshelves. Step outside to a fabulous screened-in porch-ideal for relaxing or entertaining guests-plus a deck with recently replaced boards and a flat backyard with a storage shed.
Upstairs, the expansive primary suite features three closets and a beautifully remodeled en suite bath with a dual sink vanity and a luxurious zero-entry shower with custom tile. Three additional bedrooms and another remodeled full bath complete the upper level.
The spacious walk-up lower level is unfinished and ready for your personal touch-perfect for a future rec room, gym, or workshop. Major updates include HVAC (2020), 50-gallon hot water heater (2018), and a 50-year shingle roof (2005).
Bonus: This home includes a transferable membership to the Hayfield Farm Swim Club-avoid the waiting list! Don't miss the opportunity to own this incredible home in a prime location!
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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.
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About Franconia
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017