601 N Cornell Avenue
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 7, 2021 | No longer available | - | |
| No longer available | |||
| Jul 7, 2021 | In contract | - | |
| In contract | |||
| Jul 2, 2021 | Listed by ERA North Orange County | $849,000 | |
| Listed by ERA North Orange County | |||
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THE perfect family home in THE perfect family neighborhood! Completely move-in ready with over $100,000 in high-end upgrades over the last year. All new windows, fully remodeled designer kitchen with a gorgeous center island and an open floorplan to the living room & dining room. 2 full bathrooms (also fully remodeled), new central AC, interior lighting, drought tolerant landscaping, and the list goes on-and-on. 601 Cornell also features a large secondary living room/enclosed patio (not included in the house sq. ft.) just off the kitchen and dining room - perfect for the kids' hangout area & separate from the main living room. Mature orange, lemon, and avocado trees in the backyard, with plenty of green space for entertaining make this home ideal for family gatherings. Located within Fullerton's infamous "sparkle ball Christmas streets", holidays will never be the same. Minutes from award-winning Troy HS, Acacia Elementary, CSUF, Fullerton College, 5-star dining in downtown Fullerton, Santa Fe Train Depot, Fullerton Airport, & major freeways. Welcome home! The manager has listed the unit size as 1509 square feet.
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| Sep 19, 2019 | Sold | ||
| Sold | |||
| Aug 9, 2019 | Listed by Redfin | $695,000 | |
| Listed by Redfin | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017