21 Cedar Terrace
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 |
|---|---|---|---|
| Sep 14, 2023 | Sold | ||
| Sold | |||
| Jul 31, 2023 | Listed by Keller Williams Shore Properties | $414,000 | |
| Listed by Keller Williams Shore Properties | |||
| | |||
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NO MORE SHOWINGS, THE SELLER HAS ACCEPTED AN OFFER AND WE ARE IN ATTORNEY REVIEW.
**Highest and best offer due Thursday, 8-3-23 at 7 PM
**
This 3 bedroom, 2 full bath home is nestled on a quiet dead end street that backs up to Shark River Park. It features an updated kitchen with granite countertops and stainless steel appliances. Hardwood floors throughout, central air and a large finished basement with the 2nd full bath.
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| Oct 28, 2016 | Sold | ||
| Sold | |||
| Aug 8, 2016 | Listed by RE/MAX Gateway | $289,000 | |
| Listed by RE/MAX Gateway | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017