8 Cornerstone Way
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 |
|---|---|---|---|
| Aug 16, 2021 | Sold | ||
| Sold | |||
| Jun 12, 2021 | Listed by Cornerstone Concepts, Inc. | $2,949,000 | |
| Listed by Cornerstone Concepts, Inc. | |||
| Jun 18, 2014 | Sold | ||
| Sold | |||
| Oct 24, 2013 | Listed by Cornerstone Concepts, Inc. | $2,100,000 | |
| Listed by Cornerstone Concepts, Inc. | |||
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A customized Grand Farmhouse / Colonial on large level lot in the now SOLD OUT "CORNERSTONE WAY" COMMUNITY of efficient ENERGY STAR QUALIFIED HOMES just 6/10's mile from Lexington Center and the Bike Trail. 14 Rooms on 4 floors featuring 5-6 Bedrooms; 6 Baths and 3-Car Garage; Exercise Room; Elegant Kitchen/Family Room plus separate Playroom. Expansive landscaped yard, with stone walls, fencing and privacy.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017