224 Cedaridge Dr
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 |
|---|---|---|---|
| Aug 2, 2024 | Sold | ||
| Sold | |||
| Jul 12, 2024 | Listed by Check Inc. | $735,500 | |
| Listed by Check Inc. | |||
| Feb 2, 2024 | No longer available | - | |
| No longer available | |||
| Dec 28, 2023 | In contract | - | |
| In contract | |||
| Dec 10, 2023 | Listed by Coldwell Banker Royal Realty | $600,000 | |
| Listed by Coldwell Banker Royal Realty | |||
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FIXER with sooo much potential! Bring your contractors to make this one a perfect starter home. California room attached to the home will make a perfect ADU for family or rental if converted. Great sized lot. Easy freeway access, and close to Parks, schools, and rec center. Condition is reflected in the price. The manager has listed the unit size as 1040 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017