2 Cedar Avenue
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 |
|---|---|---|---|
| Oct 1, 2014 | Sold | ||
| Sold | |||
| Jun 30, 2014 | Listed by Jack Conway - Conway On The Bay | $159,500 | |
| Listed by Jack Conway - Conway On The Bay | |||
| Aug 5, 2009 | Listed | $225,000 | |
| Listed | |||
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The rarest of opportunities on Onset Island!! Come be a part of this private community of islanders. Just steps to the beach from this 4 bedroom, 1 bath cottage with enclosed porch. Many updates including new septic, windows, updated appliances and more! All furnishings including boat and motor to shuttle you back and forth from the Island to Onset and everything Onset Village has to offer.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017