404 Cedar St
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 |
|---|---|---|---|
| Aug 29, 2024 | Sold | ||
| Sold | |||
| Jul 23, 2024 | In contract | - | |
| In contract | |||
| Jun 26, 2024 | Listed by William Raveis R.E. & Home Services | $629,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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Best value in Hanover, priced to sell. This gem is nestled between Hanover Jr High and Hanover High School with an expansive lot for entertaining. Walk to tennis courts and the local school events. Gorgeous private back yard with inground pool. Large and partially finished downstairs is great for entertaining and includes a fireplace - previously used as a family room. The main floor features three bedrooms and a full bath with so much potential. Title V approved. Come see this beautiful property before it is too late!
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| Nov 17, 1997 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017