188 Cedar Street
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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 |
|---|---|---|---|
| Mar 18, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Mar 4, 2024 | Listed by Urban Loop | $825,000 | |
| Listed by Urban Loop | |||
| | |||
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Beautiful Fully Renovated Colonial featuring 7 bedrooms and 4 bathrooms. The first floor includes 3 bedrooms and 1 full bathroom, an exposed brick wood fireplace, a living room, a dining room, new stainless steel appliances, new cabinets, and a quartz countertop. The second floor offers a spacious master bedroom with a walk-in closet and a full bathroom. Additionally, there are 3 more bedrooms on the second floor with a full hallway bathroom. The basement is an open concept with egress windows and a full bathroom; laundry connections are also available. The property boasts a new roof, new siding, a new HVAC system, and updated plumbing and electric systems. It comes with a 1-car detached garage, a lot size of 60x132, an interior square footage of 1,939, and total taxes amounting to $15,267.85.
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| Jul 31, 2023 | Withdrawn | - | |
| Withdrawn | |||
| Jul 15, 2023 | Listed by Urban Loop | $399,000 | |
| Listed by Urban Loop | |||
| Jun 28, 2023 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017