864 Cornwallis Drive
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 1, 2016 | Sold | ||
| Sold | |||
| Nov 24, 2014 | Listed by FLORIDA HOMES REALTY & MTG LLC | $22,999 | |
| Listed by FLORIDA HOMES REALTY & MTG LLC | |||
| Apr 7, 2005 | Sold | ||
| Sold | |||
| Apr 29, 2004 | Listed by STALVEY MATTHEWS REALTY, INC. | $68,500 | |
| Listed by STALVEY MATTHEWS REALTY, INC. | |||
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CHARMING HOME IN NICE QUIET NEIGHBORHOOD, THIRD BEDROOM CURRENTLY BEING USED AS OFFICE BUT CAN BE CONVERTED BACK TO A SMALL BEDROOM, UPDATED KITCHEN WITH NEWER CABINETS, OUTSIDE STORAGE HAS ELECTRICITY--A MUST SEE
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| Oct 29, 2003 | Listed by WATSON REALTY CORP | $68,500 | |
| Listed by WATSON REALTY CORP | |||
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Charming home well maintained. The third bedroom has a closet & built-in drawers, but no door. Owner currently uses this room as an office, but buyer could add doors & make it a small bedroom. Updated kitchen with oak-style tall cabinets.Outside storage building is approx. 10'x12' with electricity. Hm is 200 amp service, double pane windows, central heat & air, kitchen refri will be replaced.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017