24 Cedar Square #24
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 26, 2025 | Sold | ||
| Sold | |||
| Aug 25, 2025 | In contract | - | |
| In contract | |||
| Aug 12, 2025 | Relisted | $389,000 | |
| Relisted | |||
| Aug 6, 2025 | In contract | - | |
| In contract | |||
| Aug 6, 2025 | Price Decreased |
$389,000
↓ $26K
(6.3%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/17/2025
|
2 Bed
|
1 Bath
|
1580 ft²
|
$415,000
2 Bed
1 Bath
1580 ft²
|
$389,000
-6.27%
09/26/2025
|
Gerald Mullen
NextHome Signature Realty
| |
|
09/13/2019
|
2 Bed
|
2 Bath
|
1892 ft²
|
$279,900
2 Bed
2 Bath
1892 ft²
|
-
-
|
-
| |
|
09/04/2007
|
2 Bed
|
2 Bath
|
1080 ft²
|
$246,900
2 Bed
2 Bath
1080 ft²
|
$238,000
-3.60%
11/19/2007
|
Warren Reynolds
Berkshire Hathaway HomeServices Commonwealth Real Estate
| |
|
10/11/2005
|
2 Bed
|
2 Bath
|
1600 ft²
|
$289,900
2 Bed
2 Bath
1600 ft²
|
$270,000
-6.86%
11/22/2005
|
Jane Coit
Jane Coit Real Estate, Inc.
| |
|
05/21/1999
|
2 Bed
|
2 Bath
|
1080 ft²
|
$129,900
2 Bed
2 Bath
1080 ft²
|
$132,000
+1.62%
07/15/1999
|
Maureen Crites
Berkshire Hathaway HomeServices Page Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017