15
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257 N Cedar Street
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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 23, 2026 | Listed by eXp Realty of California Inc | $495,000 | |
| Listed by eXp Realty of California Inc | |||
| Oct 15, 2025 | Price Decreased |
$640,000
↓ $140K
(18%) | |
| Price Decreased | |||
| Aug 21, 2025 | Listed | $780,000 | |
| Listed | |||
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This lot is rare and highly desirable for development in West Ventura where Poli Street turns into Cedar Street. The 9,147 sq ft. vacant lot is zoned within the Downtown Specific Plan offering flexibility and potential for new construction that encourages thoughtful growth and urban integration. This is an exceptional opportunity for an individual, investor or developer to build a single-family or multi-family home within walking distance of the historic downtown, the beach, and cultural amenities. Part of the lot is on a hillside that goes down to Wall Street. Enjoy breathtaking sunset views over the Pacific and up the valley to the mountains of Ojai. Unlock the potential of this stunning location in one of Ventura's most sought-after and evolving neighborhoods. Please note the approximate boundaries shown in the photos facing the lot from Cedar Street are (1) the fence on the left; and (2) the telephone pole on the right. The property runs between Cedar Street above and Wall Street below.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017