4922 Cedar Street
About This Property
4922 Cedar was custom built in 2010 on the lot where "The Little Brown" used to be, Bellaire's first, one room school house. This modern home has a higher elevation than neighboring older cottages so has never flooded. With three bedrooms, this light and airy home is move in ready and perfect for that buyer looking to get into Bellaire without the hefty price tag. Recently updated with remodeled kitchen with marble countertops, stainless steel sink, brand new oven and microwave, subway tile backsplash, new flooring throughout the entire home, new paint inside and out, new backyard turf, sprinkler system, fencing and driveway gate, the home is picture perfect. Walk to HEB, 401 Table and Tap, Starbucks. Zoned to Condit Elem. All per seller
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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 12, 2022 | Sold | ||
| Sold | |||
| Nov 2, 2022 | Listed by Keller Williams Metropolitan | $649,000 | |
| Listed by Keller Williams Metropolitan | |||
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If you've been looking for a modest sized home in Bellaire, on a bigger lot, that is also recent construction, you'll know how hard that is. Add walkable to local stores and restaurants and it's all but impossible. Until now!
4922 Cedar was custom built in 2010 on the lot where "The Little Brown" used to be, Bellaire's first, one room school house. This modern home has a higher elevation than neighboring older cottages so has never flooded. With three bedrooms, this light and airy home is move in ready and perfect for that buyer looking to get into Bellaire without the hefty price tag. Recently updated with remodeled kitchen with marble countertops, stainless steel sink, brand new oven and microwave, subway tile backsplash, new flooring throughout the entire home, new paint inside and out, new backyard turf, sprinkler system, fencing and driveway gate, the home is picture perfect. Walk to HEB, 401 Table and Tap, Starbucks. Zoned to Condit Elem. All per seller
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017