5 Cedar Street
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 |
|---|---|---|---|
| Aug 4, 2025 | Sold | ||
| Sold | |||
| Jun 10, 2025 | In contract | - | |
| In contract | |||
| Jun 5, 2025 | Listed | $889,000 | |
| Listed | |||
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Welcome Home to 5 Cedar St in North Reading.Tastefully Updated and Move In Ready 3 Bed, 2.5 Bath split level home located on a Large Lot just outside of the Town Center. The Main Level boasts an Open Conecept with Updated Kitchen, Large Island, Dining Room and Fireplaced Living Room. 3 Generous Sized Bedrooms including a Primary with Full Bath, Kids Bath and Beautifully Transformed 3 season Sun Room with Wood Burning Pellet Stove and a Vaulted Ceiling. The Finished Basement boasts New Floors, Fresh Paint, Family Room, Laundry Room, 1/2 Bath, Utility Room and Attached 2 Car Garage. Oversized Backyard with 2 tiered composite Deck, Stone Firepit, 2 Sheds and plenty of privacy round out the property. Nothing to do but unpack!
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| Aug 30, 2018 | Sold | ||
| Sold | |||
| Jul 24, 2018 | Listed by LAER Realty Partners | $549,900 | |
| Listed by LAER Realty Partners | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017