38 Red Cedar Rd #38
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 |
|---|---|---|---|
| Mar 1, 2022 | Sold | ||
| Sold | |||
| Oct 18, 2021 | Listed by Berkshire Hathaway HomeServices Robert Paul Properties | $589,000 | |
| Listed by Berkshire Hathaway HomeServices Robert Paul Properties | |||
| Jun 25, 2013 | Sold | ||
| Sold | |||
| Mar 5, 2013 | Listed by Sotheby's International Realty | $338,000 | |
| Listed by Sotheby's International Realty | |||
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Celebrate life at Windchime, a wonderful place to live with a pool, tennis & clubhouse. Close to Mashpee Commons, South Cape Plaza, restaurants & shopping & a short drive to South Cape Beach & 4 golf courses. Enter into a gracious living/dining room with soaring ceilings, hardwood floors, gas fireplace & doors to a landcaped garden patio. Choose either a 1st or 2nd floor master bedroom and bath. You'll love the exquisite kitchen & 2nd floor loft ideal for an office, den or extra guest space.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/18/2021
|
2 Bed
|
3 Bath
|
1644 ft²
|
$589,000
2 Bed
3 Bath
1644 ft²
|
$574,500
-2.46%
03/01/2022
|
Thomas O'Neill
O'Neill Real Estate, Inc.
| |
|
10/18/2021
| |
2 Bed
|
3 Bath
|
1644 ft²
|
$595,000
2 Bed
3 Bath
1644 ft²
|
$574,500
-3.45%
03/01/2022
|
Thomas J O'Neill
O'Neill Real Estate
|
|
03/05/2013
|
2 Bed
|
2 Bath
|
1644 ft²
|
$338,000
2 Bed
2 Bath
1644 ft²
|
$325,000
-3.85%
06/25/2013
|
Gene Marchand
Sotheby's International Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017