1902 Cedar Lane
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 |
|---|---|---|---|
| Jan 4, 2024 | Sold | ||
| Sold | |||
| Dec 20, 2023 | In contract | - | |
| In contract | |||
| Dec 1, 2023 | Listed by JLA Realty | $245,900 | |
| Listed by JLA Realty | |||
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Welcome to 1902 Cedar Lane located in the steady booming city of Dayton. This charming 3-bedroom, 2-bathroom beauty spans 1,745 sq.ft. with an open, airy layout. Built in 2003, this well-maintained brick/hardiplank siding home features a new roof in 2018 and a new A/C in 2021, new laminate flooring in parts of the home and freshly painted in November 2023. Step inside to discover a spacious living area flowing seamlessly into the kitchen and dining space. Unwind in the spacious primary bedroom with an en-suite featuring a soaking tub and a separate shower. Two comfortable bedrooms are situated on the opposite side of the house, along with an office that could be converted into another room. Enjoy the fenced backyard for outdoor gatherings and barbecues. Conveniently located in the heard of Dayton and just a few miles from TX-99 and a short 40-minute drive from Houston. Come take a look!
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| Jul 27, 2021 | Listed by Texas Diamond Realty | $235,000 | |
| Listed by Texas Diamond Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017