12
Map
1889 Cedarwood Drive
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 |
|---|---|---|---|
| Feb 10, 2023 | Sold | ||
| Sold | |||
| Dec 7, 2022 | Listed by Dale Sorensen Real Estate Inc. | $190,000 | |
| Listed by Dale Sorensen Real Estate Inc. | |||
| Aug 13, 2018 | No longer available | - | |
| No longer available | |||
| Jul 12, 2018 | Sold | ||
| Sold | |||
| Jun 8, 2018 | Listed | $125,000 | |
| Listed | |||
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This updated home with a newer metal roof, ceramic tile in the living area and wood tile flooring in the three bedrooms is centrally located in Melbourne offering a large backyard at an affordable price. The one car garage has been converted to a bonus room offering additional square footage. Call or Text Josh at 321-205-3387 for more information. The manager has listed the unit size as 888 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017