2 Cedar Run COURT
About This Property
Upon entering the home you are greeted by the main living area which features cathedral ceiling, tiled flooring, a ceiling fan and access to the kitchen and dining areas. Master bedroom is oversized and measures 13 x 23. The glass enclosed lanai was redone in 2021 and overlooks the fenced in backyard. A storage shed for your additional storage in located in the corner of the backyard. HVAC was replaced in 2018. Well pump bladder is located in the garage and not exposed to the elements. Septic drainfield was replaced in 2014.
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Cap Rate Calculator
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 27, 2023 | Sold | ||
| Sold | |||
| Jan 2, 2023 | Listed by SUNBURST PROPERTIES | $199,000 | |
| Listed by SUNBURST PROPERTIES | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017