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111 Cedar Avenue
About This Property
Step inside to find gleaming hardwood floors and a bright, open layout enhanced by a sleek, contemporary style. The stunning kitchen is a true centerpiece, featuring a center island, abundant cabinetry, and a seamless flow into the dining area-perfect for both everyday living and entertaining.
Additional highlights include a paved driveway, abundant natural light, and quality finishes that reflect a modern, move-in-ready feel. Conveniently located near major highways, shopping, dining, and local amenities.
An excellent opportunity to own a stylish, newly built home at an affordable price in New Windsor-don't miss it!
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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.
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Data Source: OneKey MLS
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