249 CEDAR LANE
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 28, 2022 | Sold | ||
| Sold | |||
| Jun 11, 2022 | Listed by Keller Williams Premier | $399,000 | |
| Listed by Keller Williams Premier | |||
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Come and take a tour of the beautiful home in a country setting with its open concepts. A lovely new kitchen offers stainless steel appliances, new cabinetry with brushed nickel handles, pendant lighting, quartz countertops, a stunning backsplash, and ceramic tiles. In the living room, you will find a wood-burning fireplace with a stone finish and laminate flooring throughout the home. The primary bedroom offers a private bath with tiled flooring, a double sink, and a stand-up tiled shower with a soap box. The main bath offers a large tub. Home sits on an acre of land with so much land for family gatherings. The house has new windows, a new water softener, and a new roof. There is so much to see in this home you will want to come and take the tour.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017