2 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 |
|---|---|---|---|
| Dec 17, 2024 | Sold | ||
| Sold | |||
| Nov 9, 2024 | In contract | - | |
| In contract | |||
| Sep 18, 2024 | Listed by Barrett Sotheby's International Realty | $898,000 | |
| Listed by Barrett Sotheby's International Realty | |||
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Contractors, investors and/or buyers looking to build their dream home take notice! Discover the endless potential in this 3-bedroom, 1-bath ranch-style home. Situated on a sprawling acre lot near Davis Elementary school (grades K-2), this property offers numerous opportunities. You can renovate or remodel the existing home or build your dream home to suit your desires. The property features an incredible 2-car detached garage with walk-up storage above. Don't miss out on this amazing chance to create your dream home at this prime location. This stunning acre lot is located on a dead-end street in West Bedford, providing a rare opportunity for buyers looking in Bedford. Bring your creativity, visions and ideas to revitalize this special property.
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| Aug 15, 2023 | Sold | ||
| Sold | |||
| Jul 18, 2023 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017