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Map
40 Red Cedar Rd #40
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 |
|---|---|---|---|
| Jul 14, 2020 | Sold | ||
| Sold | |||
| Jul 15, 2019 | Listed by Cape Cod Real Estate Services | $398,500 | |
| Listed by Cape Cod Real Estate Services | |||
| | |||
|
Welcome home to this sun-splashed 2 bedroom condominium in Windchime offering comfortable first floor living amidst an array of amenities. This skylit townhome with central air conditioning offers first or second floor owner's suites, gleaming hardwood floors in the living room with gas log fireplace, and sliding glass doors to a private patio area for al fresco dining. The tile-floor kitchen with soaring cathedral ceilings welcomes you with granite counters and a generously-sized center island with breakfast bar. The second floor adds a sunny loft and ensuite bedroom and bath with jacuzzi tub. The enclosed porch has both both glass inserts and screens for three-season enjoyment. The full basement and walk-in bonus closets provide ample storage. Windchime offers park-like landscaping, pool, walking trails, clubhouse, tennis, pickleball, and is close to Mashpee Commons.
| |||
| Sep 15, 2008 | Sold | ||
| Sold | |||
| Jan 25, 2008 | Listed | $349,900 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/15/2019
|
2 Bed
|
3 Bath
|
1644 ft²
|
$398,500
2 Bed
3 Bath
1644 ft²
|
$380,000
-4.64%
07/14/2020
|
Marie Souza
Cape Cod Real Estate Services
| |
|
01/25/2008
|
2 Bed
|
2 Bath
|
1602 ft²
|
$349,900
2 Bed
2 Bath
1602 ft²
|
$326,000
-6.83%
09/15/2008
|
Joan Dooney
Coldwell Banker Realty - Northborough
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017