4490 Cedar Point Lane
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 |
|---|---|---|---|
| May 16, 2024 | Sold | ||
| Sold | |||
| Feb 7, 2024 | Listed by RW Towne Realty | $519,900 | |
| Listed by RW Towne Realty | |||
| Dec 13, 2023 | No longer available | - | |
| No longer available | |||
| Nov 2, 2023 | Listed by Berkshire Hathaway HomeServices RW Towne Realty | $525,000 | |
| Listed by Berkshire Hathaway HomeServices RW Towne Realty | |||
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Incredibly rare, true equestrian property in Williamsburg! This cozy Farmette boasts 2+ acres with a lovely renovated Ranch, detached two car garage and updated barn with new roof, new electrical, and three 12x12 stalls. The classic 3 bedroom, 2 bath ranch features a large living room that leads to the new side deck and the gorgeous, fully renovated, kitchen with: new stainless steel appliances, custom cabinetry with pull-out pantry shelves, and amazing custom island/eat-in area overlooking the pretty pasture views. The sizable primary suite features a cozy updated full bath and access to the lovely screened porch. Two additional well sized bedrooms and a large full hall bath complete the main level. Downstairs in the basement enjoy the large bonus room space with additional office/flex 4th bedroom space and incredible storage and access to all mechanicals. Completing this amazing property, the detached two car garage features 30amp outlet and an installed compressor system. The manager has listed the unit size as 2016 square feet.
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| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017