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Map
505 Cedar Avenue #2A
About This Property
The remodeled kitchen includes white cabinetry, quartz countertops, a stainless steel double sink with high-arc faucet, and black and stainless steel appliances.
The spacious primary suite features two full-length mirrored wardrobe closets and direct access to an updated ensuite bathroom with a glass-enclosed walk-in shower, tiled surround, modern fixtures, and a quartz-topped vanity. The secondary bedroom also offers mirrored wardrobe doors for ample storage.
A remodeled hall bathroom includes a tub/shower with glass doors, quartz counters, new flooring, and updated fixtures. Raised-panel doors and clean finishes add to the home's refreshed feel.
Ideally located with a walkability score of 94 and bike score of 86, you'll enjoy easy access to local shops, restaurants, boutiques, the waterfront, and the new Modern Civic Center. Commuter-friendly with Metro Blue Line access and nearby freeways, this condo also offers strong rental potential.
An affordable opportunity in a highly desirable area-don't miss it.
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Cap Rate Calculator
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 8, 2026 | Sold | ||
| Sold | |||
| May 12, 2026 | In contract | - | |
| In contract | |||
| Apr 14, 2026 | Price Decreased |
$399,900
↓ $20K
(4.8%) | |
| Price Decreased | |||
| Mar 24, 2026 | Price Decreased |
$419,900
↓ $4K
(1%) | |
| Price Decreased | |||
| Mar 3, 2026 | Price Decreased |
$424,000
↓ $6K
(1.4%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/16/2026
|
2 Bed
|
2 Bath
|
989 ft²
|
$439,000
2 Bed
2 Bath
989 ft²
|
$390,000
-11.16%
06/08/2026
|
COLLEEN CHOISNET
Berkshire Hathaway HomeServices California Realty
| |
|
09/14/2022
|
2 Bed
|
2 Bath
|
881 ft²
|
$395,000
2 Bed
2 Bath
881 ft²
|
-
-
|
Jennifer Boyd
Keller Williams - Huntington Beach
| |
|
06/14/2018
|
2 Bed
|
2 Bath
|
975 ft²
|
$399,900
2 Bed
2 Bath
975 ft²
|
$400,000
+0.03%
08/14/2018
|
Melody Smith
Regency Real Estate Brokers
| |
|
04/25/2018
|
2 Bed
|
2 Bath
|
909 ft²
|
$289,000
2 Bed
2 Bath
909 ft²
|
$318,000
+10.03%
05/30/2018
|
Lilian Phan
COMPASS
| |
|
02/22/2018
|
2 Bed
|
1 Bath
|
867 ft²
|
$319,999
2 Bed
1 Bath
867 ft²
|
$350,000
+9.38%
03/30/2018
|
Vivan Ainis
Seven Gables Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017