222 CEDAR Street
About This Property
Separate pantry with large laundry room.
Downstairs includes a second master suite and third bedroom.Private fenced (9 foot fence) back yard with deck, security lighting and stand-alone storage structure.
Newly refinished hardwood floors and ceramic tile throughout.Gas fireplace, gas cooking and gas connection for grill on private deck.Paved parking for four vehicles. Close to beaches, shopping & restaurants.
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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 |
|---|---|---|---|
| Jun 26, 2023 | Sold | ||
| Sold | |||
| Apr 13, 2023 | Listed by JOHN WOLFEL REAL ESTATE LLC | $1,225,000 | |
| Listed by JOHN WOLFEL REAL ESTATE LLC | |||
| Nov 18, 2021 | Sold | ||
| Sold | |||
| Nov 16, 2021 | Listed by JOHN WOLFEL REAL ESTATE LLC | $1,025,000 | |
| Listed by JOHN WOLFEL REAL ESTATE LLC | |||
| Oct 3, 2019 | Sold | ||
| Sold | |||
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About Beaches
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017