7 Prospect Street
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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 18, 2024 | In contract | - | |
| In contract | |||
| Jun 15, 2024 | Listed by Smitchger Realty | $675,000 | |
| Listed by Smitchger Realty | |||
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A historian's dream in the heart of Cornwall on Hudson! Bring your vision to this incredible 1880's home that has never before seen the open market. This 7 bedroom home boasts hardwood throughout all 3 levels as well as original doors and hardware, copper roofing and detached 2 car garage. The west wing of the home is comprised of a former doctor's office and can be very flexible for additional den space, guest quarters, or working from home. Countless other details are too numerous to list but those with a keen eye for antiquity will not be disappointed!
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About Cornwall-on-Hudson
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Data Source: OneKey MLS
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