16 Cedar Street
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 29, 2025 | Sold | ||
| Sold | |||
| May 6, 2025 | In contract | - | |
| In contract | |||
| Apr 29, 2025 | Listed | $2,450,000 | |
| Listed | |||
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Just outside historic Lexington Center! Built by prominent local builder with attention to every detail. Elegant, newer Colonial with 5 beds, 4.5 baths, 2 car garage. Chef’s kitchen with eat-in area, quartz countertops, center island, exterior-vented gas range, microwave & beverage cooler. Open to kitchen living room with gas fireplace. Large dining room with wainscoting & tray ceiling. Sun-filled office. Mudroom & powder room off garage. Second floor with 4 bedrooms. Primary bedroom suite with walk-in closet, luxurious bath & soaking tub, frameless shower, double sinks, water closet & radiant heated floors. 2nd bedroom with private ensuite bath. 3rd & 4th bedrooms with adjoining full bath. Laundry room with sink. Finished lower level suite with full bath is perfect for extended family stays or 5th bedroom. Custom window treatments, hardwood floors, 4-zone gas heat & air conditioning, Pella windows, central vacuum. Low maintenance Trex porch and durable Hardy board siding.
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| Dec 6, 2019 | Sold | ||
| Sold | |||
| Jun 17, 2019 | Listed by Compass | $1,795,000 | |
| Listed by Compass | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017