5 Red Cedar Rd #5
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 29, 2024 | Sold | ||
| Sold | |||
| Jul 27, 2024 | In contract | - | |
| In contract | |||
| Jun 6, 2024 | Listed by Coldwell Banker Realty - Westwood | $549,000 | |
| Listed by Coldwell Banker Realty - Westwood | |||
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In the scenic Windchime Community this home stands out with its delightful landscaped area featuring flowering trees/bushes, & perennial gardens. This light, bright, updated townhouse is spacious, offering high ceilings, and an atrium door that creates an inviting open space with lovely views of the patio, surrounded by abundant hydrangeas. Open the doors and feel the cross-breeze while relaxing & admiring the hummingbirds. This turnkey home features hardwood & plank floors, freshly painted interior, gas fireplace and a first-floor primary bedroom w/ private bathroom. The kitchen boasts cathedral ceilings, tiled floors, granite counters, new appliances, and a slider leading to a screened porch, ideal for creating unforgettable moments on Cape Cod. Upstairs, a roomy loft overlooks the living area, leading to a generously sized second bedroom with vaulted ceilings, and a walk-in closet. A full bath and additional walk-in closet complete 2nd floor. Ideal location near Mashpee Commons.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/06/2024
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2 Bed
|
3 Bath
|
1530 ft²
|
$569,900
2 Bed
3 Bath
1530 ft²
|
$549,000
-3.67%
08/29/2024
|
Karen Johnson
Coldwell Banker Residential Brokerage - Westford
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Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017