320 N Cedar Avenue
About This Property
This move-in ready home features an open floor plan ideal for everyday living and entertaining, along with a split bedroom layout that provides privacy for the primary suite. The kitchen offers a large walk-in pantry, ample cabinetry, stainless steel appliances, and a functional layout that connects seamlessly to the main living and dining areas. Walk-in closets throughout the home provide generous storage, and the laundry room includes a washer and dryer that convey with the sale. The primary suite is spacious and practical, featuring a large walk in closet and a well appointed en suite bath. Three additional bedrooms allow flexibility for guests, home office, or family living. The garage includes an EV charger and attic storage for added convenience. Outside, the paver driveway and paver patio add curb appeal and usability, while the partially fenced backyard offers a low maintenance outdoor space for relaxing or entertaining.
Location truly sets this home apart. Just about 10 minutes from Eglin Air Force Base and the EOD School, it offers a convenient commute. Zoned for highly rated Niceville schools and surrounded by parks, playgrounds, and everyday conveniences, the setting is ideal for daily living. Beaches, shopping, and dining are only a short drive away, making this a perfectly positioned home for full-time residents.
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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 4, 2026 | Sold | ||
| Sold | |||
| May 16, 2026 | In contract | - | |
| In contract | |||
| Apr 9, 2026 | Price Decreased |
$498,500
↓ $500
(0.1%) | |
| Price Decreased | |||
| Mar 3, 2026 | Price Decreased |
$499,000
↓ $6K
(1.2%) | |
| Price Decreased | |||
| Feb 13, 2026 | Listed by Compass | $505,000 | |
| Listed by Compass | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017