742 Cornfield Drive
About This Property
Interior highlights include built-in features, decorative lighting, walk-in closets, a bluetooth capable mirror in the primary bathroom, and high-speed internet availability. The laundry area is conveniently located in the garage with full-size washer and dryer hookups. Enjoy natural light through bay windows and relax knowing the home has central electric heating and cooling with ceiling fans.
Outside, the home boasts a fenced backyard with wood fencing, rain gutters, and a slab foundation on a lot just under half an acre. With its great layout and desirable features, this Arlington gem is ready for you to move in and make it your own!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 4, 2025 | Relisted | $261,000 | |
| Relisted | |||
| Jun 30, 2025 | Sold | ||
| Sold | |||
| Jun 17, 2025 | In contract | - | |
| In contract | |||
| Jun 3, 2025 | Relisted | $275,000 | |
| Relisted | |||
| May 24, 2025 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017