5006 Cedar Spring Drive
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 30, 2021 | Sold | ||
| Sold | |||
| Jul 5, 2021 | Listed by Hometown America Incorporated | $359,900 | |
| Listed by Hometown America Incorporated | |||
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Welcome to this beautiful 2 story brick home nestled in Heritage Colony. Great lot located on green belt with a huge back yard and no neighbors to the back. Home features wood and tile floors throughout. 2 way gas fireplace in living room and the study. Study can be used as a downstairs bedroom with it's own private closet. Kitchen has granite counters and tile backsplash. Primary and Secondary Bedrooms are upstairs as well as an expansive game room. Many updates include recently installed fence and gate, new front door, recent AC's (7 months old) and fresh interior paint. Easy access to Highway 6 and popular First Colony attractions. This amazing home is ready to welcome you!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017