1303 New Cedars Drive
About This Property
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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 |
|---|---|---|---|
| Sep 14, 2022 | Sold | ||
| Sold | |||
| Jul 6, 2022 | Listed by RE/MAX Signature | $324,995 | |
| Listed by RE/MAX Signature | |||
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Situated on a well-manicured, corner lot, this Bay Glen beauty has 3 full bedrooms with easy potential of converting the game room into a 4th bedroom. The game room is being used as office space at the moment. Water softener, central filtration system, CCTV cameras, backyard tent, sound system included. The entry has high ceilings and tile floorings, the kitchen has updated appliances with granite counters & updated cabinetry The formal living & den both have stack-stone fireplaces. Lots of custom and tasteful touches throughout the house. Security system with cameras included. With the enclosed backyard and flagstone decking, you'll be sure to enjoy family events as well! You must see it to appreciate it!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017