112 Cedar Avenue
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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.
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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 |
|---|---|---|---|
| Jun 21, 2024 | Sold | ||
| Sold | |||
| May 5, 2024 | In contract | - | |
| In contract | |||
| Apr 24, 2024 | Listed by Douglas Elliman Real Estate | $539,990 | |
| Listed by Douglas Elliman Real Estate | |||
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A true gem in a prime location, this 3 bedroom, 2 full bath cape is charming from the inside out. Boasting a double driveway, there's plenty of room for you and guests to park comfortably off the street. The front porch warmly welcomes you to the front door and in to the home, where you will be greeted by a formal living room drenched with natural light. Moving through the first floor you will also find the dining room, kitchen, den, bedroom and bathroom. Upstairs there are 2 bedrooms, a bathroom and eaves storage! The full, unfinished basement can be accessed from inside as well as outside from bilco doors. This is truly a cape that is not shy of living space or storage. The outdoor living areas only add to the list of amenities, with a back deck for entertaining, fully fenced yard, sprinkler system and a detached 1 car garage, this has everything you're looking for and more. Not to mention the close proximity to the bay and Village of Patchogue, you can enjoy the quiet street but also get to the water, shops, restaurants, theater and train within seconds. Come see this for yourself!
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| Jul 11, 2018 | Sold | ||
| Sold | |||
| Apr 23, 2018 | Listed by Leesa Byrnes Realty Inc | $349,000 | |
| Listed by Leesa Byrnes Realty Inc | |||
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Mint + 3 Bedroom- 2 Bath Cape In The Village. Open Lr/Dr, Eik W/ Pantry & Porcelain Tile, Den, Full Basement, Alarm, Igs, Shed, Trex Deck, 2 Driveways, Eaves Storage, Roof (2015), Gas Boiler Approx 2008, Close To Ferries, Train, Town, And Bay. Village Amenities Include Free Village Parking, Reduced Rate For Patchogue Beach Club, And More., Additional information: Appearance:Mint +,Interior Features:Lr/Dr,Separate Hotwater Heater:Yes
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About Patchogue
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017