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4739 CEDAR VIEW ROAD
About This Property
Previously used for individual room rentals, the home currently generates $2,500/month with potential for significantly higher income when fully occupied. The layout also lends itself to a variety of uses, including multi-suite living or potential group-home operations (buyer to verify requirements). All tenants are month-to-month, offering flexibility for buyers who wish to renovate, reposition, or re-tenant the property.
The home will require updates and repairs, presenting a strong opportunity for investors or buyers looking to add value. Roof replaced in 2016; HVAC components updated in recent years; plumbing is a mix of PVC and CPVC; 150-amp electrical panel. Conveniently located near major roadways, shopping, and local amenities.
A rare chance to acquire a large, versatile property with multiple income and use possibilities.
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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 5, 2026 | Price Decreased |
$379,900
↓ $15K
(3.8%) | |
| Price Decreased | |||
| Jul 3, 2026 | Price Decreased |
$394,900
↓ $5K
(1.3%) | |
| Price Decreased | |||
| Jun 15, 2026 | Price Decreased |
$399,999
↓ $10K
(2.4%) | |
| Price Decreased | |||
| Mar 12, 2026 | Price Decreased |
$410,000
↓ $20K
(4.7%) | |
| Price Decreased | |||
| Jan 28, 2026 | Listed by LA ROSA REALTY CW PROPERTIES L | $430,000 | |
| Listed by LA ROSA REALTY CW PROPERTIES L | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017