3 Cedar Drive
About This Property
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Cap Rate Calculator
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 22, 2018 | Sold | ||
| Sold | |||
| Jun 8, 2018 | Listed by GRG Gosselin Realty Group | $49,000 | |
| Listed by GRG Gosselin Realty Group | |||
| Dec 14, 2012 | Sold | ||
| Sold | |||
| Nov 9, 2012 | Listed by GRG Gosselin Realty Group | $50,500 | |
| Listed by GRG Gosselin Realty Group | |||
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Affordable living with convenient location to schools, shopping, conservation land/trails town and the Maine Turnpike. Minutes to downtown Portsmouth for great shopping, entertainment and restaurants. Minutes away from Kittery beaches and parks. A great value in this well maintained Singlewide - Household Pets Welcome!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017