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 |
|---|---|---|---|
| Jul 15, 2015 | Sold | ||
| Sold | |||
| May 19, 2015 | Listed by Coldwell Banker Residential Brokerage - Gloucester | $409,500 | |
| Listed by Coldwell Banker Residential Brokerage - Gloucester | |||
| May 9, 2006 | Sold | ||
| Sold | |||
| Mar 30, 2006 | Listed by Coldwell Banker Realty - Gloucester | $379,900 | |
| Listed by Coldwell Banker Realty - Gloucester | |||
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Joyful Cape Ann Cottage with water views! Very good condition. Many recent updates including all new windows. Desirable Thurston Point area. Perfect for year round living or as an excellent summer escape!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017