5 Cedar Avenue
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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%.
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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 |
|---|---|---|---|
| Jun 14, 2024 | Sold | ||
| Sold | |||
| Apr 5, 2024 | In contract | - | |
| In contract | |||
| Feb 29, 2024 | Listed by Keller Williams Legendary | $579,999 | |
| Listed by Keller Williams Legendary | |||
| | |||
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This stunning 3-bedroom, 2.5-bathroom home, meticulously designed with many upgrades to cater to the modern lifestyle. Step into warmth from the moment you enter, with radiant heating in the entryway, a spacious eat-in-kitchen, masterfully redone in 2022 with stainless steel appliances, a sliding door provides direct access to an inviting paver patio in the backyard. Living room is a showcase of natural light, accented by elegant molding and a newly installed carpet that adds warmth and comfort underfoot. A built-in TV console offers both functionality and style that could be used as an office, den or guest room. Adequately sized laundry room, newly done half bathroom, and an attached garage. 2nd floor offers master bedroom, complete with a newly renovated ensuite bathroom, 2 more bedrooms and a full bathroom. Additionally this house offers new roof, gutters, downspout, fence, new windows with lifetime warranty, solar panels and so much much more!
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| Dec 22, 2020 | Sold | ||
| Sold | |||
| Apr 28, 2017 | Sold | ||
| Sold | |||
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About Coram
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017