24 Cedar Ave
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 |
|---|---|---|---|
| Jul 30, 2024 | Sold | ||
| Sold | |||
| Jun 27, 2024 | In contract | - | |
| In contract | |||
| Jun 18, 2024 | Listed by William Raveis R. E. & Home Services | $569,000 | |
| Listed by William Raveis R. E. & Home Services | |||
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Available for the first time in nearly 50 years, this meticulously maintained Raised Ranch is nestled in a peaceful cul-de-sac within the desirable Randolph community. The home presents an excellent opportunity to personalize a space filled with potential. The main level boasts three spacious bedrooms, including a primary suite with a full bathroom and substantial closet space. The lower level significantly enhances the living area, featuring a cozy family room ideal for relaxation and entertaining. This floor also includes a versatile space that can be used as fourth bedroom or office and an extra bathroom, with both garage access and a walk-out to the expansive backyard. Outside, a large new deck provides a perfect venue for outdoor dining and entertainment, overlooking the gorgeous back yard. This deck is an inviting extension of the home’s living space, ideal for enjoying the tranquility of its cul-de-sac location. Come on in and take a look!
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| May 2, 2024 | Listed by William Raveis R. E. & Home Services | $559,000 | |
| Listed by William Raveis R. E. & Home Services | |||
| | |||
|
Available for the first time in nearly 50 years, this meticulously maintained Raised Ranch is nestled in a peaceful cul-de-sac within the desirable Randolph community. The home presents an excellent opportunity to personalize a space filled with potential. The main level boasts three spacious bedrooms, including a primary suite with a full bathroom and substantial closet space. The lower level significantly enhances the living area, featuring a cozy family room ideal for relaxation and entertaining. This floor also includes a versatile space that can be used as fourth bedroom or office and an extra bathroom, with both garage access and a walk-out to the expansive backyard. Outside, a large new deck provides a perfect venue for outdoor dining and entertainment, overlooking the gorgeous back yard. This deck is an inviting extension of the home’s living space, ideal for enjoying the tranquility of its cul-de-sac location. Come on in and take a look!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017