803 Cornell Lane
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 5, 2024 | Sold | ||
| Sold | |||
| Feb 21, 2024 | Listed by Bray Real Estate Group | $475,000 | |
| Listed by Bray Real Estate Group | |||
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This beautiful, move-in ready, property has been recently renovated and is tucked away on a quiet culdesac within the Heritage Park addition! The home's four bedroom layout makes it ideal for anyone with a growing family or for those who work from home and may need some additional space to do so. Some of the recent updates include fresh paint on both floors, new LVP flooring & tile on the first floor, new carpet & upgraded padding throughout the entire second floor, updated Samsung appliances in the kitchen, new ceiling fans and decorative light fixtures, epoxy garage floor, and an brand new tankless water heater! Natural light travels throughout all of the common areas and bedrooms which make it enjoyable no matter what time of day it is. The property is not far from Hwy 75 and is also located within 10 minutes of the Allen Outlets, Waters Creek shopping center, Allen High School, public parks, and the local rec center. Once you see it in person you'll want to make it your own!
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| Mar 15, 2021 | Sold | ||
| Sold | |||
| Feb 11, 2021 | Listed by Competitive Edge Realty LLC | $355,000 | |
| Listed by Competitive Edge Realty LLC | |||
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Come see this lovely updated home. Two story home on a cul-de-sac street boasts a great floor plan with formal living and dining, 4 bedrooms, 2.5 baths with all bedrooms upstairs. Kitchen has granite counter tops, stainless steel appliances, breakfast area is open to family room. Master bedroom with granite, seamless shower frame, walk in closet. Corner lot with oversized backyard. Excellent Allen ISD schools.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017