5626 FORT CORLORAN DRIVE
About This Property
The home features 3 bedrooms, 2.5 baths, and a finished "walk-out" basement. A paved driveway and carport, along with ample street parking, ensures plenty of space for guests.
The location is a standout, with close proximity to major commuting routes, the local library, shopping, dining, and everyday conveniences.
Property is being sold strictly AS-IS and reflects original finishes. This is a rare opportunity to renovate, customize, and build equity in one of Signal Hill's most desirable settings.
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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 |
|---|---|---|---|
| May 13, 2026 | Sold | ||
| Sold | |||
| May 6, 2026 | In contract | - | |
| In contract | |||
| Apr 30, 2026 | Listed by Compass | $625,000 | |
| Listed by Compass | |||
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About Burke
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017