16 Cedar Ter
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 |
|---|---|---|---|
| Apr 12, 2024 | Sold | ||
| Sold | |||
| Mar 5, 2024 | In contract | - | |
| In contract | |||
| Feb 28, 2024 | Listed by RE/MAX Platinum | $575,000 | |
| Listed by RE/MAX Platinum | |||
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Nestled in the heart of Pembroke, 16 Cedar Terrace is a charming residence that seamlessly combines modern comfort with classic New England charm. This 3 bedroom 2 full bath cape style home is steps away from Little Sandy Pond (with deeded beach rights). The first floor provides ample space to entertain with a beautiful living room featuring a gorgeous new built-in; a spacious kitchen with butcher block countertops and stainless steel appliances, the kitchen is attached to a cathedral ceiling formal dining room; an office that leads to a cozy den space; and a 3 season sunroom. A bedroom and full bath completes the first floor layout. Upstairs you will find a huge master bedroom with skylights, a second full bath and an additional bedroom. The basement is partially finished (no heat). Hardwood floors throughout. Freshly painted interior. A peaceful retreat, this property captures the essence of comfortable and elegant living. Close to all area amenities...a must see!
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| Jan 31, 2008 | Sold | ||
| Sold | |||
| May 31, 2007 | Listed by RE/MAX Platinum | $309,900 | |
| Listed by RE/MAX Platinum | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017