4355 Cedar Tree Place #A
About This Property
* Association approval required. $100 application fee. Please allow 30 days for approval. For a faster approval there is a $25 "rush" fee.
* Clubhouse w/pool, billiards, darts, bocce ball & library
* No leasing for the first 2 years of ownership. After that, can only lease one time a year and not for less than 3 months.
* VERY REASONABLE Quarterly maintenance fee of $1906 covers exterior painting, driveway repairs and cleaning, repair & replacement of gutters, roof, mailbox & sprinklers, landscaping/lawn maintenance, pool & clubhouse, exterior building insurance, plumbing leaks under the slab, water, sewer and basic cable.
* No pets allowed
* Association states 55+ and no children under 18
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jan 24, 2024 | Sold | ||
| Sold | |||
| Sep 3, 2023 | Listed by Keller Williams Realty Boca Raton | $319,500 | |
| Listed by Keller Williams Realty Boca Raton | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/03/2023
|
2 Bed
|
2 Bath
|
1400 ft²
|
$319,500
2 Bed
2 Bath
1400 ft²
|
$300,000
-6.10%
01/24/2024
|
Gail Bass
Keller Williams Realty Boca Raton
| |
|
05/04/2023
|
2 Bed
|
2 Bath
|
1400 ft²
|
$285,000
2 Bed
2 Bath
1400 ft²
|
$285,000
09/29/2023
|
Gregory Bevilacqua
The Corcoran Group
|
Building Info
About Bent Tree
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017