1039 Cedar Avenue
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 |
|---|---|---|---|
| Oct 31, 2019 | Sold | ||
| Sold | |||
| Feb 1, 2019 | Listed by Brooke Realty | $514,900 | |
| Listed by Brooke Realty | |||
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Price Improvement!!! Beautifully Remodeled and Elegantly Designed this Redlands Home is exactly what you have been looking for. The Kitchen has undergone a transformation with Customized White Shaker Cabinetry, Carrara Marble Countertops and New Stainless Steel Appliances. Relax in the Master Suite with its Luxurious Oversized Shower, Dual Vanity and Separate Bonus Area that can be used as a Den, Office or Media Room. The Huge Backyard is a Perfect Retreat with its newly Plastered Sparkling Pool and separate “Poolside Outdoor Bath”. Additional Upgrades include New HVAC, Wide Plank Flooring and Carpet throughout. ~ Don’t miss out ~ Your New Home Awaits!
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| Nov 2, 2018 | Sold | ||
| Sold | |||
| Oct 4, 2018 | Listed by RE/MAX ADVANTAGE | $349,900 | |
| Listed by RE/MAX ADVANTAGE | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017