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2907 Cedar Drive
About This Property
The living area flows seamlessly making it ideal for entertaining or everyday living. Both bedrooms are well-sized and the full bathroom is updated and conveniently located.
Step outside to your private backyard retreat, featuring a small pool-perfect for cooling off on warm days or relaxing in the evenings. The large yard offers plenty of room for outdoor activities or future expansion- and the corner lot provides added privacy and great curb appeal.
Whether you're a first-time homebuyer, downsizing, or looking for an investment opportunity, this charming property is full of potential. Schedule your showing today!
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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 |
|---|---|---|---|
| Jul 3, 2025 | Sold | ||
| Sold | |||
| Jun 6, 2025 | In contract | - | |
| In contract | |||
| May 29, 2025 | Listed by eXp Realty LLC | $175,000 | |
| Listed by eXp Realty LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017