28 Cedarcliffe Dr
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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 |
|---|---|---|---|
| Aug 5, 2022 | No longer available | - | |
| No longer available | |||
| Aug 4, 2022 | Sold | ||
| Sold | |||
| Jun 17, 2022 | In contract | - | |
| In contract | |||
| May 31, 2022 | Listed by KELLER WILLIAMS PROSPERITY REALTY | $549,000 | |
| Listed by KELLER WILLIAMS PROSPERITY REALTY | |||
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Vacation at home in this spacious SHC in Packanack Lake! Walking distance to lake, beaches, clubhouse & more. Home boasts 3+ beds, 2 full & 2 half baths. Wow-large EIK w breakfast bar, coffee station, 2nd sink. Nearby family room expands onto a large side deck overlooking the above ground pool. Formal living room w HW floors, lots of windows & wood burning FP. The Primary Bedroom has new flooring, lots of windows, a spacious renovated bath with double sinks plus a walk-in closet. One bed was split into 2 beds-currently 4 total beds complete the 2nd floor w a laundry. Spacious walkout basement has plenty of storage, room w closet, office & a REC room w a pot belly stove. Large level lot with dog run/garden, shed, above ground pool, patio & plenty of parking. Rates subject to household size, tennis/golf extra. Dues Current. Plus Wayne offers: Great schools, Trader Joe's, Whole Foods, James Roe Pool, Y, PAL, & Girls Club+ Fireplace as is-no known issues. Lender may require flood.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017