5 Cedar Terrace
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 |
|---|---|---|---|
| Jun 26, 2023 | Sold | ||
| Sold | |||
| May 24, 2023 | In contract | - | |
| In contract | |||
| May 17, 2023 | Listed by RE/MAX Andrew Realty Services | $594,850 | |
| Listed by RE/MAX Andrew Realty Services | |||
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This 2-owner home has been lovingly renovated from top to bottom including roof, windows, doors, electrical, plumbing, insulation & more! You are welcomed by a lovely front porch & foyer that opens to the spacious living room, dining room & updated kitchen & there is a 3/4 bath on the 1st floor. The 2nd floor offers 3 spacious bedrooms & fully renovated tiled bath with a linen closet. The 3rd floor offers 2 more bedrooms or flex space for office or play space. There is a large closet off of BR 5. The basement has good ceiling height & opens out directly to the private yard & offers a Gas Burnham Boiler, 2yo hot water heater & 200amp electrical as well as a washer & dryer. There is space to park 3 cars off St. & an additional 1 on St. The yard offers great entertaining space or garden plot, shed & privacy. There is nothing to do but move in & unpack in this lovely well-maintained home in a wonderfully convenient location.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017