186 Cedar Avenue
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 |
|---|---|---|---|
| Jul 11, 2024 | Sold | ||
| Sold | |||
| Mar 19, 2024 | In contract | - | |
| In contract | |||
| Feb 23, 2024 | In contract | - | |
| In contract | |||
| Feb 1, 2024 | Listed by Netter Real Estate Inc | $789,900 | |
| Listed by Netter Real Estate Inc | |||
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Constructed in 1993, this meticulously cared-for ranch boasts a single owner. The residence features an expansive open-concept kitchen seamlessly connected to a spacious great room. The convenient guest entrance leads to the guest bath and laundry room. Enjoy the warmth of a dual gas fireplace, oak floors and custom Andersen windows. complemented by recent upgrades including a new deck, hot water heater, and roof. The property also offers a full attic and basement spanning the entire length of the house. Choose to enjoy Long Island breezes from the front porch, or the new deck off den.
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About Islip
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$5,999 /mo
- 3 Beds
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- 2,040 ft²
$2,470 /mo
- 1 Bed
- 1 Bath
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017