8 CORNELL RD
About This Property
This well maintained home sits on a nice .3 acre lot.
The updated eat in kitchen boasts 32' cabinets, corian countertops and tile flooring.
A half bath has been renovated in recent years. Pass through the kitchen to the large family room with a lovely gas burning fire place.
Adjacent to the kitchen is a generous sized dining room with beautiful hardwood floors.
The main floor is home to the primary suite and 2 additional bedrooms and full bath.
This home offers one floor living at its best. A side screened in porch is perfect for Spring days that are quickly approaching.
The shed out back offers plenty of storage.
A newer furnace and HVAC are added bonuses.
This location is prime for parks, restaurants and shops.
Located in the desirable Brandywine Springs feeder pattern.
This is certainly a move in ready that is available immediately. Being sold "as is".
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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%.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017