555 Cedar Lane
About This Property
The kitchen, which overlooks the dining area, features a quasi-island with seating, granite countertops, and ample wood cabinetry. The living room boasts a charming fireplace, perfect for cozy nights in.
The backyard is an entertainer's dream, with a wood deck, natural gas barbecue, space for dining, an outdoor hot tub, and fruit trees. Additional highlights include a tankless water heater and a garage. The property is located one street over from Kallan's Bar and Grill and Easy's General Store. Don't wait – book a tour today!
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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 |
|---|---|---|---|
| Sep 16, 2024 | Sold | ||
| Sold | |||
| Aug 25, 2024 | In contract | - | |
| In contract | |||
| Jul 26, 2024 | Listed by REDFIN | $489,000 | |
| Listed by REDFIN | |||
| Nov 20, 2021 | No longer available | - | |
| No longer available | |||
| Oct 20, 2021 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017