2405 Cedar Pass
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 |
|---|---|---|---|
| Sep 13, 2022 | Sold | ||
| Sold | |||
| Jul 12, 2022 | Listed by eXp Realty | $550,000 | |
| Listed by eXp Realty | |||
| Aug 19, 2021 | Sold | ||
| Sold | |||
| Jun 30, 2021 | Listed by eXp Realty | $440,000 | |
| Listed by eXp Realty | |||
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Beautifully remodeled Authentic Timber Log Cabin with Seasonal Mountain Views, This is not your typical cabin and will stand out from the same old thing. White Washed Timbers, Wood & LVP floors. Vaulted Ceilings for an Open Feeling, Gas Fireplace. Full Kitchen Remodel, Updated Bathrooms with Walk-In Shower. Enjoy the Cozy Fire Table on the Back Deck. There is no Hot Tub but property is wired for it. Owners have had consistent bookings even without the hot tub. Previous owners have taken great care of it and This cabin is turnkey, ready to rent. On Airbnb with over 40 reviews and a 4.98 rating Well Pump replaced in 2021, property has shared well but also has 2 1500 gallon storage tanks in the crawlspace. Metal Roof is less than 5 years old, Dishwasher is also brand new.
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| Jul 17, 2017 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017