1483 Red Cedar Lane
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 |
|---|---|---|---|
| May 9, 2022 | Sold | ||
| Sold | |||
| Feb 26, 2022 | Listed by Prime Mountain Properties | $875,000 | |
| Listed by Prime Mountain Properties | |||
| Oct 8, 2021 | Sold | ||
| Sold | |||
| Jul 28, 2021 | Listed by Century 21 MVP | $500,000 | |
| Listed by Century 21 MVP | |||
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Quality and character flow throughout this 2016 sq ft cabin which features 12" logs and 2 master bedrooms. Enter the main level to a kitchen, dining, living, great room with a stone fireplace focal point. Cathedral ceiling and lots of windows create space and light throughout the room. A covered deck on the east side of the log home east allows for a morning coffee and sunrise experience. Located at the back of the main level is the master bedroom with a large walk-in closet and bathroom and access to the covered deck. Nine foot ceiling throughout the Downstairs inspires creativity for many options to enjoy the den. The den also offer access to the lower covered deck with privacy to enjoy the hot-tub. The second master is on this level and it too has a large walk-in closet and a private bathroom. The grounds are landscaped with stones and various plants. At the back of the lot is a 12 x 16 storage building powered with electricity. The cabin sits on a double lot.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017