48 Cedar St.
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 |
|---|---|---|---|
| Dec 7, 2018 | Sold | ||
| Sold | |||
| Sep 10, 2018 | Listed by Realty Premiere | $1,348,888 | |
| Listed by Realty Premiere | |||
| Jun 15, 2017 | Sold | ||
| Sold | |||
| May 12, 2017 | Listed by Coldwell Banker Realty - Wellesley | $699,000 | |
| Listed by Coldwell Banker Realty - Wellesley | |||
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Fabulous opportunity! #48 Cedar Street house is being sold "AS IS" with all contents in and on the property. #50 Cedar Street is land included in the sale! Located adjacent to 48 Cedar Street. Terrific location nearby to Wellesley Schools, lower falls restaurants; Paparazzi, CVS, Newton-Wellesley Hospital and much more! #48 and #50 Cedar Street are to be sold together. 50 Cedar Streets assessed value=$22,000.Taxes: $259.38. Lot size=6,343Sq.ft.. #48 land is 8,576. Combined = 14,919 sq.ft. Combined Properties= 109 sq. ft. frontage. See attached Plot Plans.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017