29 CEDARFIELD ROAD
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%.
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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 |
|---|---|---|---|
| Mar 23, 2023 | Sold | ||
| Sold | |||
| Dec 7, 2022 | Listed by Burns & Ellis Realtors | $340,000 | |
| Listed by Burns & Ellis Realtors | |||
| Jan 25, 2022 | Sold | ||
| Sold | |||
| Nov 18, 2019 | No longer available | - | |
| No longer available | |||
| May 8, 2019 | Listed | $68,000 | |
| Listed | |||
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Delightful 1.4 acre wooded lot nestled on a rarely trafficked road yet close to all amenities. Price reflects the value of land and garage only. Home could be remodeled but could not be financed FHA or VA. Garage enjoys a mechanics pit and plenty of parking space. Lots of potential but lots of work required. **Please note that the property is being sold **AS IS** No inspections or repairs will be paid for by seller. It is anticipated a new septic system would be required at buyers expense.
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About Kent
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017