2 Great Cedar Dr #2
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 19, 2019 | Sold | ||
| Sold | |||
| May 1, 2019 | Listed by Realty Choice, Inc. | $300,000 | |
| Listed by Realty Choice, Inc. | |||
| Jun 15, 2016 | Sold | ||
| Sold | |||
| Feb 29, 2016 | Listed by Germaine Realty LLC | $269,900 | |
| Listed by Germaine Realty LLC | |||
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***LAST END UNIT IN COMPLEX***The Best Affordable New Construction Townhouses Available! Easy access to Commuter Train, Country Setting with Cul-De-Sac, Ready to Move In! These Units come standard with Granite Counters in Kitchen & Baths, Stainless Appliances, High end cabinetry, Central Air Conditioning, Underground Utilities, Privacy Deck, Open Floor Plan, Bamboo Flooring, Full walk-out sliders in lower level, Immense 3rd level storage! Green Building "stretch code" (approx. 35% energy savings FOREVER!), Energy Star Rated Appliances, High Efficiency Gas Heating with state of the art H/W tank (Saves YOU more money!), Optional kitchen island. All this with an extremely low Condo fee (Saves YOU more money!), Sprinkler Systems (Saves YOU more money with insurance!), Be one of the very few people who can say they live in a stretch code built home, enjoy the safety and security of buying new construction at an affordable price!
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/01/2019
|
2 Bed
|
2 Bath
|
1381 ft²
|
$300,000
2 Bed
2 Bath
1381 ft²
|
$303,000
+1.00%
07/19/2019
|
April Henrikson
Realty Choice, Inc.
| |
|
02/29/2016
|
2 Bed
|
2 Bath
|
1381 ft²
|
$269,900
2 Bed
2 Bath
1381 ft²
|
$269,900
06/15/2016
|
Robert Germaine
Germaine Realty LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017