7 Cornell Dr
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 8, 2024 | Sold | ||
| Sold | |||
| Sep 30, 2024 | In contract | - | |
| In contract | |||
| Sep 27, 2024 | Listed by C & C Real Estate Team, LLC | $640,000 | |
| Listed by C & C Real Estate Team, LLC | |||
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Looking for a home in much sought after Longmont Estates? This is it!! This spacious, ranch style home has been lovingly cared for! Updated kitchen faces east with morning light, appliances under 5 years old, it opens seamlessly to a large dining room overlooking a beautiful, mature back yard, and also opens to the deck. This beautiful ranch features 4 bedrooms, 3 bathrooms and big laundry room that can also be a wonderful craft or sewing room. The finished basement has a spacious family room w/ gas fireplace and opens to the backyard patio. The basement bedroom is exceptionally large! Furnace and water heater have been replaced within last 5 years. The house and shed were just painted in August, New roof and gutters installed on 9/24/24 - This home is move in ready and can be easily upgraded to suit your vision! This home offers you a warm, inviting place to make memories, for many years to come!
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| Jun 7, 1978 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017