585 Cedar Lane
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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 |
|---|---|---|---|
| Apr 7, 2023 | Sold | ||
| Sold | |||
| Mar 11, 2023 | Listed by Re/Max Big Bear | $399,000 | |
| Listed by Re/Max Big Bear | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Aug 31, 2020 | Sold | ||
| Sold | |||
| Jun 17, 2020 | Listed by Keller Williams - Big Bear / Lake Arrowhead | $249,000 | |
| Listed by Keller Williams - Big Bear / Lake Arrowhead | |||
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**PRIDE OF OWNERSHIP!** You're going to love this beautifully maintained and upgraded two Bedroom 2 bath home. Situated on a 5000 square foot fenced yard this home is located in a very quiet and desirable sugarloaf neighborhood. This home boasts new plank wood floors, granite counter tops in kitchen and bathrooms, Tung and Groove vaulted ceilings in bedrooms, new mirror closet doors, cozy wood beam living room, fireplace, master bedroom balcony, new decking, new fencing, large level yard to entertain and plenty of parking for your boat or RV. Take comfort in the purchase of this home by how these homeowners pay great attention to the maintenance of this mountain retreat The manager has listed the unit size as 2 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017