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35 Cedar Lane
About This Property
The first floor offers two bedrooms and a newly renovated full bathroom, while the second floor features two additional bedrooms and another new full bathroom, providing a comfortable and versatile layout across two levels.
The large basement extends the living space with a full bathroom and separate outside entrance, offering added flexibility for a variety of uses. Outside, a large yard provides a wonderful canvas for outdoor enjoyment, gardening, recreation, or future possibilities.
With thoughtful updates throughout, generous interior space, and plenty of room to make it your own, this refreshed Cape Cod home is ready to welcome its next chapter.
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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.
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About Gordon Heights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017