2462 Cedar Drive
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 | |||
| Jul 19, 2021 | In contract | - | |
| In contract | |||
| Jul 19, 2021 | Price Increased |
$474,999
↑ $25K
(5.6%) | |
| Price Increased | |||
| Jul 2, 2021 | Listed by Reef Point Realty, Inc | $450,000 | |
| Listed by Reef Point Realty, Inc | |||
| | |||
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Country community living all within an easy commute to San Diego. This 2 story large home located on a corner lot has remodeled bathrooms, fresh paint and is move in ready. Enjoy a quiet evening BBQing in the large fenced yard with beautiful Oak trees with turf or take a walk to the lake. There is a bedroom, bathroom and even a bonus room on the first floor. Could be utilized as an income producing property. Potential for an ADU on lot or could rent one level and live on the other level. This property is 2 lots with 2 APNS which will convey. APN 606-052-10-00 - lot size 6305 sqft. APN 606-052-11-00 - lot size 3229 sqft. This is a Must See! The manager has listed the unit size as 1872 square feet.
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| Sep 11, 2014 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017