63
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1061 CEDAR BAY Road
About This Property
Imagine waking up to breathtaking riverfront views every morning and spending your evenings unwinding on your private dock. This property will perfectly cater to everyone's needs. A dedicated dog kennel with doggy door to a fenced dog run may be what you need if you are a dog lover.
With ample space and well-appointed features, this home is ideal for those large gatherings, boat days, or just relaxing on the river. One of the best lots on Cedar Bay.
Don't miss out on the opportunity to own a piece of paradise.
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Cap Rate Calculator
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 20, 2024 | Sold | ||
| Sold | |||
| Jul 23, 2024 | In contract | - | |
| In contract | |||
| Jun 27, 2024 | Price Decreased |
$820,000
↓ $20K
(2.4%) | |
| Price Decreased | |||
| May 12, 2024 | Price Decreased |
$840,000
↓ $30K
(3.5%) | |
| Price Decreased | |||
| Apr 10, 2024 | Listed by CHRISTIE'S INTERNATIONAL REAL ESTATE FIRST COAST | $870,000 | |
| Listed by CHRISTIE'S INTERNATIONAL REAL ESTATE FIRST COAST | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017