115 Cedar Springs DR
About This Property
House next door at 225 Cedar springs also for sale.
Owner would love to sell both together. Would make a great family vacation compound with a combined acreage over 1.5 acre.
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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 |
|---|---|---|---|
| Apr 27, 2025 | In contract | - | |
| In contract | |||
| Apr 21, 2025 | Price Decreased |
$495,000
↓ $25K
(4.8%) | |
| Price Decreased | |||
| Nov 21, 2024 | Price Decreased |
$519,900
↓ $30K
(5.5%) | |
| Price Decreased | |||
| Oct 7, 2024 | Listed by Eva Street Properties | $549,900 | |
| Listed by Eva Street Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017