705 CORNERSTONE LANE
About This Property
Taking the stairs to the upper floor brings you to a fully carpeted second floor and a large landing that can serve as a second living room. This is perfect to give children their own living space in times of need. Up on the top floor there is also three carpeted bedrooms and a full bath with tub/shower combo. Heading down into the basement brings you to a massive finished area that can be used for play, relaxing or entertaining. There is enough room down here to support all of those uses. The basement also houses two large unfinished rooms that could serve as a gym or just tons of extra storage space. Lastly, in the basement is another full modern bath with granite vanities and a walk in shower. Wow! This house has it all, is practically new, and is move in ready and waiting for you. Come see why its the prefect house for you today!
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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 |
|---|---|---|---|
| May 4, 2026 | Sold | ||
| Sold | |||
| Apr 3, 2026 | In contract | - | |
| In contract | |||
| Mar 22, 2026 | Listed by Homeowners Real Estate | $655,000 | |
| Listed by Homeowners Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017