223 Cedar Avenue
About This Property
Step inside to find gorgeous wood floors, a cozy living room with a fireplace, and central air conditioning for year-round comfort. The home features new siding, public sewers, new water main and a spacious 2-car garage. Enjoy outdoor living in the private, fenced-in yard, relax on the inviting front porch, or make use of the basement for extra storage or recreation space.
Located on a quiet, walkable street just minutes from shops, restaurants, schools, and the waterfront, this home truly offers the best of Patchogue living.
Don't miss your chance to make 223 Cedar Avenue your new home - schedule your private showing today!
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017