27
Map
601 Cornell Avenue
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 |
|---|---|---|---|
| Feb 6, 2025 | Sold | ||
| Sold | |||
| Jan 2, 2025 | In contract | - | |
| In contract | |||
| Dec 27, 2024 | Relisted | $360,000 | |
| Relisted | |||
| Dec 14, 2024 | In contract | - | |
| In contract | |||
| Dec 11, 2024 | Listed by RE/MAX Aerospace Realty | $360,000 | |
| Listed by RE/MAX Aerospace Realty | |||
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Beautifully updated Pool Home! The remodeled kitchen is sure to impress, featuring new cabinets, quartz countertops, tile backsplash, ss appliances, and a farmhouse sink. You'll love the luxury vinyl plank flooring in the main living area for easy maintenance. New sliding glass doors lead to the recently screened-in lanai, which is perfect for entertaining or simply relaxing. The lanai overlooks the sparkling pool and fenced-in backyard. As a bonus, there is an RV parking pad with electric, and it's accessible from the side yard gate. You'll benefit from the owner's investments in a standing-seam metal roof (2021), new soffits, an updated electric panel (2020), and a tankless water heater. The windows are either impact-resistant or have Bahama shutters for extra peace of mind. Awesome laundry room with space for crafting or projects. The lush landscaping enhances the curb appeal and provides additional privacy. Great price for a pool home with such impressive updates! Call Today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017