703 Cornerstone Drive
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 |
|---|---|---|---|
| Apr 27, 2021 | Sold | ||
| Sold | |||
| Mar 17, 2021 | Listed by C3 Real Estate Solutions, LLC | $380,000 | |
| Listed by C3 Real Estate Solutions, LLC | |||
| Oct 31, 2019 | No longer available | - | |
| No longer available | |||
| Sep 26, 2019 | Price Decreased |
$358,000
↓ $5K
(1.4%) | |
| Price Decreased | |||
| Aug 28, 2019 | Listed | $362,950 | |
| Listed | |||
| | |||
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Price Reduced! No HOA! This well cared for 4bed, 3bath home that features family room fireplace, open eat in kitchen, new granite counters, pantry & all kitchen appliances. Hardwood floors throughout the home. Master bed w/full master bath & walk in closet. Basement family room & rec room w/additional bedroom & full bath. Plenty of storage & new water heater. Beautifully landscaped yard that has patio, sprinkler system & fully fenced. Home comes with a pre inspection and is a must see! The manager has listed the unit size as 2215 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017