11557 Cedar Valley DRIVE
About This Property
As you enter, you'll immediately notice the openness and light. In the spacious kitchen you'll love the stainless steel appliances, granite countertops and complete with a lovely window over the sink. You'll love preparing meals in this gorgeous space, knowing that everything is just a quick reach away. You'll appreciate the in-home pest control, central vacuum and alarm system. The master bath boasts a double vanity and double walk-in closets, giving you plenty of space to get ready in the morning. The laundry room even has cabinets for extra storage, no cheap wire shelves here! The garage shelves provide ample storage space for all of your tools and toys.
The fenced yard provides the perfect space for outdoor entertaining, whether you're hosting a BBQ or just enjoying a quiet evening with your loved ones. If you're looking to stay active, you'll appreciate the community pool, playground and dog park where furry friends can play and socialize. All just steps away!
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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 |
|---|---|---|---|
| Jul 12, 2023 | Sold | ||
| Sold | |||
| Apr 21, 2023 | Listed by FATHOM REALTY FL LLC | $424,999 | |
| Listed by FATHOM REALTY FL LLC | |||
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About Riverview
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017