136 CEDARFIELD DRIVE
About This Property
This home features a primary bedroom with an en-suite bathroom on the first floor, plus two additional bedrooms and a full bathroom on the second floor. Additional highlights include an oversized garage and convenient first-floor laundry. A crawl space located in the first-floor closet provides extra storage.
The condo association handles all exterior maintenance, including siding, roof, and driveway. The roof was recently replaced in 2023. In addition to weekly lawn mowing and trash collection, the condo association also takes care of all snow removal-including the roads, your driveway, walkway, and front porch. Accepted contract will require bankruptcy approval.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017