505 Cedar Avenue #3D
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 14, 2018 | Sold | ||
| Sold | |||
| Jun 14, 2018 | Listed by Regency Real Estate Brokers | $399,900 | |
| Listed by Regency Real Estate Brokers | |||
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