1
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23 Cedar Hill Lane
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 |
|---|---|---|---|
| Oct 29, 2010 | Sold | ||
| Sold | |||
| Sep 18, 2010 | Listed by Center Realty | $519,000 | |
| Listed by Center Realty | |||
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Family sized 5 bedroom split entry. 2 full baths. Large living room with fireplace. Formal dining room. New windows, new heating system, updated electrical and new central airconditioning system. Nice family room with 2nd fireplace. Laundry. Great yard! All located on a quite cul-des-sac in the highly desirable Bentley University Area.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017