31
Map
7 Cornell Road
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 4, 2025 | Sold | ||
| Sold | |||
| Sep 30, 2025 | In contract | - | |
| In contract | |||
| Sep 16, 2025 | Listed by Compass Greater NY LLC | $649,000 | |
| Listed by Compass Greater NY LLC | |||
| Sep 11, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Aug 21, 2025 | Listed by Coldwell Banker Reliable R E | $689,990 | |
| Listed by Coldwell Banker Reliable R E | |||
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Welcome to the desirable Shoridge Hills community in Shoreham, where this expanded ranch combines comfort, style, and the best of North Shore living. Offering private access to a Long Island Sound beach, this home provides the perfect retreat while keeping you close to all the conveniences you love.
Step inside to find a thoughtfully designed layout featuring three bedrooms and two full bathrooms. The updated kitchen is both functional and stylish, with quality finishes, ample counter space, and easy flow into the main living areas. The home offers multiple gathering spaces, including a living room filled with natural light, a dining area with exterior access, and a family room featuring wood floors, a cozy fireplace, and sliders that open to a private yard — ideal for indoor-outdoor living and entertaining. At the heart of the home is the oversized great room, with soaring ceilings and a wood stove (2025), offering incredible versatility for relaxing, hosting, or creating a recreational haven.
The full basement adds even more potential, whether for storage, a workshop, a gym, or finishing to suit your lifestyle. With many interior updates already completed, including a 200-amp electric, a 2023 water storage tank, and a 2025 rebuilt furnace, you can move in with confidence and begin enjoying everything this home and community have to offer. Exterior updates include the roof and windows, which are less than 10 years old.
Set on a private lot, the property provides the serenity you desire without sacrificing convenience. Shoridge Hills residents enjoy exclusive North Shore beach access, with paid association dues, making it easy to spend your days swimming, kayaking, or simply relaxing by the water. Beyond the community, you’ll find yourself just minutes from award-winning vineyards, local farms, charming shops, fine dining, and some of Long Island’s most beautiful beaches.
Whether you’re searching for a year-round residence or a weekend retreat, this expanded ranch offers the perfect opportunity to embrace the North Shore lifestyle. Experience the beauty, comfort, and community of Shoreham’s Shoridge Hills — where every day feels like a getaway, yet only 60 miles from Montauk and New York City.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017