3516 Cedarcrest Drive
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%.
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 |
|---|---|---|---|
| Jan 23, 2025 | Sold | ||
| Sold | |||
| Dec 28, 2024 | In contract | - | |
| In contract | |||
| Dec 11, 2024 | Listed by Realty Of America, LLC | $215,000 | |
| Listed by Realty Of America, LLC | |||
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Welcome to your dream home, where style meets comfort! This beautiful 3-bedroom, 2-bathroom gem is ready and waiting to impress. From the moment you pull up, the fresh exterior paint and inviting curb appeal set the tone for something special. Step inside and be greeted by an open, light-filled living space with a modern palette of freshly painted walls that create a warm and inviting atmosphere. The seamless flow leads you to the heart of the home: a spacious living area perfect for cozy evenings or entertaining friends and family. Each of the three bedrooms offers ample space, natural light, and endless possibilities for rest and relaxation. Imagine enjoying your morning coffee on the back porch or hosting summer barbecues—this house is not just a place to live but a space to create memories.
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| May 1, 2024 | Listed by eXp Realty LLC | $224,900 | |
| Listed by eXp Realty LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017