2631 Cedar Avenue
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 |
|---|---|---|---|
| Jun 30, 2023 | Sold | ||
| Sold | |||
| Apr 17, 2023 | Listed by Sapphire Homes Realty LLC | $288,000 | |
| Listed by Sapphire Homes Realty LLC | |||
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This charming house is situated on almost an acre of beautifully landscaped land, providing plenty of space for outdoor activities and relaxation. The house boasts four spacious bedrooms, each offering ample space for a comfortable night's sleep. The bedrooms are thoughtfully designed to provide plenty of natural light and fresh air, making them bright and welcoming. Two well-appointed bathrooms ensure that everyone has ample space to get ready in the morning. In the backyard, you will find a sparkling swimming pool that provides a refreshing oasis on hot summer days. The pool area is surrounded by a well-manicured lawn, offering a great space for outdoor entertaining or relaxation. The property also includes two convenient carports, providing sheltered parking for your vehicles. Two storage spaces provide ample room for storing your outdoor equipment, gardening tools, or anything else you might need. Schedule a showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017