1047 Cedar Lake Court
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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 4, 2023 | Sold | ||
| Sold | |||
| May 31, 2023 | Listed by Keller Williams Realty - Memor | $375,000 | |
| Listed by Keller Williams Realty - Memor | |||
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Gorgeous single story Jacobs Reserve Home on a cul-de-sac street w/ Ultra Private backyard with retaining wall at one of the highest points on the street. Unlike most 3Bd homes, this one features a Full Study. Gorgeous wood floors from foyer throughout the main living area and study. Large Island Kitchen w/18in tile, granite countertops, travertine backsplash, Stainless Appliances and Gas Cooking. Freshly painted interior in 2021. Spacious Primary Bedroom w/ tons of natural light from bay window, Bathroom w/ Dual Sinks, Garden Tub and Separate Shower. Backyard with covered patio has excellent drainage and a privacy wall. Neighborhood features a clubhouse and aquatic center known as Welch Park, offering a resort-style pool, sunbathing patio & splash pad, open park space, a playground and a catch-and-release stocked fishing pond. The community is also served by a number of neighborhood pathways and sidewalks. Short 10 minute drive to Woodlands shopping, & Zoned to The Woodlands Schools!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017