407 Cedar Avenue
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 |
|---|---|---|---|
| Sep 9, 2026 | Sold | ||
| Sold | |||
| Aug 13, 2026 | In contract | - | |
| In contract | |||
| Feb 8, 2022 | Sold | ||
| Sold | |||
| Jan 10, 2022 | Listed by The Norton Agency | $199,000 | |
| Listed by The Norton Agency | |||
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Charm Galore in this 1937 Bungalow cottage with update kitchen and baths. Character is the greatest feature along with an .8 acre lot with room on each side for future use. An easy walk to town,coffee shop,Piedmont College and too many desirability's to mention. The lot is large,private and the home has two bedrooms with a third large room used as a closet and laundry room.Must see to appreciate the many wonderful qualities of this truly historical home.
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| Dec 27, 2021 | Listed by Keller Williams Lanier Partners | $253,000 | |
| Listed by Keller Williams Lanier Partners | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017