551 Cedar St
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 |
|---|---|---|---|
| Sep 27, 2019 | Sold | ||
| Sold | |||
| Aug 27, 2018 | Listed by Keller Williams Realty | $499,000 | |
| Listed by Keller Williams Realty | |||
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This Stately North-side colonial sits on a spacious corner lot. 4 bedrooms, 2.5 baths, cooks kitchen with stainless appliances,granite counter tops and double oven. Natural light from the sliding doors and spacious deck fill the fireplaced family room and breakfast nook The open floor plan also offers a formal dining and living rooms. Upstairs you will find master suite with private bath and double closets along with 3 large family bedrooms with ample closet space. 2 car attached garage with mudroom, 1st floor laundry, finished lower level has a large room for a den. game room or home office. Lovely front, back and side yards add to the tranquil setting. Move in ready.
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| Jun 18, 2007 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017