40 Cedar Ln
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 30, 2017 | Sold | ||
| Sold | |||
| Jan 12, 2017 | Listed by Jane Coit Real Estate, Inc. | $459,900 | |
| Listed by Jane Coit Real Estate, Inc. | |||
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Breathtaking water views from every room in this house! WOW!! This 3 level home is ideally situated on the corner of Cedar Lane and Shore Drive in an area considered to be one of Kingston's hidden treasures. The 1st floor features an open floor plan with spacious kitchen, center island, beautiful dining area with windows providing gorgeous views & plenty of natural light. Family room features hardwood floors, electric fireplace, & access to the front enclosed porch where you will enjoy many summer nights overlooking Kingston Bay! First floor also has the option for a master bedroom with walk-in closet and full bath. Upstairs 3 additional bedrooms with another master bedroom & 2 additional full bathrooms. Master bedroom features WIC, full bathroom, & direct access to large deck with unobstructed views! Full finished basement, 1 car garage, opportunity for additional bathroom in the basement which increases that potential of this home. This is a home you absolutely must see!!
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| Jul 1, 2010 | Listed by Success! Real Estate | $429,000 | |
| Listed by Success! Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017