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231 W Cedar Avenue
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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 |
|---|---|---|---|
| Jul 16, 2025 | Sold | ||
| Sold | |||
| Jun 27, 2025 | In contract | - | |
| In contract | |||
| Jun 12, 2025 | Listed by Compass | $899,000 | |
| Listed by Compass | |||
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Step into this romantic Storybook Tudor on a tree-lined street in the heart of Burbank.You're greeted by an open-concept living space that effortlessly flows into a backyard oasis, complete with mature trees and outdoor dining perfect for entertaining. Flooded with natural light, a private upstairs primary suite, a dedicated office, and an oversized one-car garage with ADU potential, this cozy cottage is an absolute gem. Just moments from vintage shopping in Magnolia Park, the Burbank Channel Bike Path, the LA Equestrian Center, BBQ at Handy Market, a slice at Dino's Pizza, or a red booth at The Smoke House.
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| Apr 30, 2025 | Listed | $949,000 | |
| Listed | |||
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Welcome Home. Tucked away on a quiet cul-de-sac, this beautifully renovated Storybook Tudor sits in one of Burbank’s most loved neighborhoods—where charming Cottages, Craftsman bungalows, and classic Tudors line the street with character and curb appeal.
This must-see 2-bedroom, 2-bath gem sits on a spacious flat lot with room to expand, offering charm, character, and modern convenience.
Step through the bold orange door into an airy open floor plan filled with natural light, where living and dining areas flow seamlessly under recessed lighting. The stunning kitchen features quartz countertops, shaker cabinetry, a custom backsplash, and high-end brushed stainless appliances.
Both bathrooms have been tastefully updated with designer tile, modern fixtures, new vanities, and a Kohler soaking tub. Upstairs, the private primary suite offers a spacious retreat with spacious dual closets. Upgrades include Low-E double pane windows, updated electrical and plumbing, and designer lighting throughout. The entertainer’s backyard offers multiple lounge areas, and a smart sprinkler system for front and rear yards. An oversized, finished one-car garage with room for a car and storage—or ideal for a possible ADU—sits at the end of an extended driveway with parking for four. All just moments from studios, shops, dining, the LA Equestrian Center, bike paths, and more.
This is turnkey Burbank living at its finest.
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| Apr 29, 2025 | Price Decreased |
$975,000
↓ $15K
(1.5%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017