5191 Cedarlawn 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 |
|---|---|---|---|
| Oct 7, 2018 | No longer available | - | |
| No longer available | |||
| Oct 4, 2018 | Sold | ||
| Sold | |||
| Aug 22, 2018 | Price Decreased |
$799,000
↓ $26K
(3.2%) | |
| Price Decreased | |||
| Jul 17, 2018 | Price Increased |
$825,000
↑ $26K
(3.3%) | |
| Price Increased | |||
| Jun 11, 2018 | Listed | $799,000 | |
| Listed | |||
| | |||
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Now Range priced, $750,000-$799,000! This immaculate home is Turnkey-Move in ready, as almost everything in it has been recently upgraded/remodeled from the kitchen, bathrooms, flooring, windows/doors(even interior 2 panel doors, french doors and barn doors), paint and lighting... to the refinished Pool and decking, landscaping, block walls and exterior lighting. When you enter you'll notice an open floor and beachy feeling complemented by beautiful wood laminate floors, natural light from the dual-paned windows, and a soft glow from the recessed lights. The master bathroom has been completely remodeled, and the back bedroom has been enlarged including a walk-in closet, and a second sliding glass door has been added there for backyard pool access, which could be a secondary master. There are 4 ceiling fans that are on remotes, and the custom window coverings stop just enough light to keep the home dim. The kitchen is amazing, with plenty of storage, a gas range, giant center island, and a barn sink. Can you imagine having a pool party here and entertaining your friends and family? And best of all it's a corner lot so only neighbors on 2 sides. The Bathrooms are extremely high-quality as well. This home is located in the middle of a wonderful family community. Award winning schools are within walking distance, and shopping is very close by as well. There is a park just down the street, and Alta vista Country Club is a stone's throw away. Come have a look and fall in love! The manager has listed the unit size as 1857 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017