581 LAKE CORNISH Way
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%.
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 |
|---|---|---|---|
| Nov 22, 2021 | Sold | ||
| Sold | |||
| Sep 17, 2021 | Listed by Coldwell Banker Realty | $339,000 | |
| Listed by Coldwell Banker Realty | |||
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***Highest and Best due by Monday (10/4) at 12pm please. ***. Great family-friendly home and location in Algonquin Lakes, with a neighborhood park/playground, very near Algonquin Lakes Elementary School, Quarry View Disc Golf course, and Algonquin Lakes Park. The home is close to downtown Algonquin, shopping and restaurants. The home's 2-story foyer leads to a bright and airy open floor plan. Separate dining room. Living room opens to the family room and spacious kitchen, with center island, eating area space, stainless steel appliances, pantry, butler's pantry, and loads of cabinets! The laundry/mud room is located off the 3 car heated garage. Upstairs are 4 large bedrooms, including the master suite with private large walk-in shower, soaking tub and double sink vanity. The fenced back yard features a large brick paver patio with fire pit and lovely shade tree. For additional storage space, there's a separate, fully electric, 9.6'X10' locked shed. The expansive, full basement already has wall to wall carpeting and is ready for your finishing design. Move-in ready for you!
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| Oct 26, 2019 | No longer available | - | |
| No longer available | |||
| Sep 7, 2019 | Price Decreased |
$294,900
↓ $5K
(1.7%) | |
| Price Decreased | |||
| Aug 11, 2019 | Price Decreased |
$300,000
↓ $5K
(1.6%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017