173 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 |
|---|---|---|---|
| Oct 25, 2024 | Sold | ||
| Sold | |||
| Sep 4, 2024 | In contract | - | |
| In contract | |||
| Aug 31, 2024 | Listed by Ideal Real Estate Services, Inc. | $250,000 | |
| Listed by Ideal Real Estate Services, Inc. | |||
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Welcome to this TURN-KEY, immaculately maintained 2-bdrm ranch! Nestled on a dead-end street, this charming home boasts a large yard that offers endless possibilities for outdoor enjoyment & future home expansion. Step inside to discover beautiful hardwood floors that add a touch of warmth & character to the space. The eat-in kitchen features a gas stove & newer flooring. The home also benefits from replacement windows throughout, enhancing energy efficiency. Another highlight is the spacious & clean basement, providing ample storage space and lots of potential for additional living area. A one-car garage, offers convenient parking & extra storage. The roof is approximately 10 yrs old and the gas hotwater tank was replaced within the past year (APO). Current heat is forced air oil (could be converted to natural gas & central air could easily added since all ductwork is in place). Whether you're starting out or downsizing, don’t miss this adorable and affordable opportunity!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017