23074 Cedar Way
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 6, 2021 | No longer available | - | |
| No longer available | |||
| Apr 7, 2021 | In contract | - | |
| In contract | |||
| Mar 30, 2021 | Relisted | $449,000 | |
| Relisted | |||
| Mar 26, 2021 | In contract | - | |
| In contract | |||
| Mar 20, 2021 | Listed | $449,000 | |
| Listed | |||
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Very spacious newly remodeled home with many upgrades and nice views on a large fenced in lot in the Valley of Enchantment area of Crestline. New HUGE wrap around deck (over 2000 square feet), new roof, and new fire-resistant siding around the entire home. New kitchen with quartz counter tops and new stainless steel stove, dishwasher, and microwave. New flooring and paint throughout the home. New bathrooms with tiled showers with marble slab and high-end luxury shower systems. New HVAC ducting throughout the home. Updated electrical with new lighting fixtures both inside and outside the home. One of the two fireplace areas could be converted into a 2nd master bedroom for a 4th bedroom. The lower two bedrooms are accessed within the house via stairway, but also have secondary access from the outside on the lower deck, providing an opportunity to rent out the lower area if desired. New outside drainage system installed. New garage door with automatic opener. There is parking in both the front and back of the home. Located on a quiet no traffic street. The manager has listed the unit size as 2242 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017