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 |
|---|---|---|---|
| Apr 16, 2020 | Sold | ||
| Sold | |||
| Oct 31, 2019 | Listed by HOULIHAN LAWRENCE INC. LG | $120,000 | |
| Listed by HOULIHAN LAWRENCE INC. LG | |||
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Two Homes for the price of one. Live in one, and Rent the other. Or rent them both. Currently the owner in living in one, and renting the other to a relative at a reduced rate of $900.00 per month. This home consists of 3 Bedrooms, Master Bathroom, second full Bathroom, Eat-in- Kitchen, Living Room, Walk in Closet. The second home consists of 2 Bedrooms, Elk Room, Living Room with a fire place. Kitchen has a gas stove. There is also handicap ramp to the front door of the second home. Both of these home are near the Wingdale Metro North Railroad Station.,InteriorFeatures:Gas Stove Connection,Walk-In Closets,Washer Connection,FLOORING:Vinyl,ExteriorFeatures:Landscaped,Outside Lighting,Storm Doors,AboveGrade:1344,EQUIPMENT:Carbon Monoxide Detector,Smoke Detectors,ROOF:Fiberglass Shingles,Metal,APPLIANCES:Water Softener,OTHERROOMS:Sun Room,FOUNDATION:Masonry,Piling
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017