524 CEDAR ARBOR Court
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 |
|---|---|---|---|
| Jun 24, 2024 | Sold | ||
| Sold | |||
| May 23, 2024 | In contract | - | |
| In contract | |||
| May 20, 2024 | Price Increased |
$585,000
↑ $250K
(74.6%) | |
| Price Increased | |||
| May 20, 2024 | Relisted | $335,000 | |
| Relisted | |||
| Apr 11, 2024 | Listed by KELLER WILLIAMS JACKSONVILLE | $565,000 | |
| Listed by KELLER WILLIAMS JACKSONVILLE | |||
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*$50,000 solar panels to be paid off by sellers at closing! Low electric bills!* Nestled in the Chancellor's Ridge area of Heritage Park, this timeless brick home sits at the end of a cul-de-sac, boasting preserve and water views. Along with the view, you'll find that the screened in pool and hot tub create a little oasis, so everyday feels like vacation. An artesian well feeds the yard's irrigation system. Impeccable landscaping and pavers lead you inside to a spacious and open retreat. The home features vaulted ceilings, a first-floor primary bedroom, plantation shutters, granite kitchen counters, stainless steel appliances, and arched doorways. Recent additions include a new roof, hot water heater, and water softener & filtration system. The paint and carpet have been updated, pool enclosure has been re-screened, and solar panels have been installed. Along with all the home offers, you also gain access to the Heritage Park amenities. Less than 15 min drive to beach and downtown!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017