48 Cedar Ln
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 |
|---|---|---|---|
| Jul 21, 2017 | Sold | ||
| Sold | |||
| May 22, 2017 | Sold | ||
| Sold | |||
| May 2, 2017 | Listed by ERA Belsito & Associates, Inc. | $249,900 | |
| Listed by ERA Belsito & Associates, Inc. | |||
| Aug 16, 2005 | Sold | ||
| Sold | |||
| Jul 7, 2005 | Listed | $289,900 | |
| Listed | |||
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This house if huge! Definetly not a drive-by.....3 additional rooms in basement ready to update with your personal touches. Big eat in kitchen. Washer/dryer to stay. Family room with slider to patio. Great yard in a fantastic neighborhood! Central air. Some updates in place and the rest is up to you!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017