59 Cedar Dr
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 |
|---|---|---|---|
| Feb 26, 2025 | Sold | ||
| Sold | |||
| Jan 17, 2025 | In contract | - | |
| In contract | |||
| Jan 4, 2025 | Listed by RE/MAX Real Estate Center | $325,000 | |
| Listed by RE/MAX Real Estate Center | |||
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Cozy 2-Bedroom, 1-Bathroom Home Near Vaughn Pond. This charming home offers the perfect opportunity for someone with a vision to bring it to life. Located near a peaceful pond, enjoy the tranquility of nature right down the street. Featuring 2 bedrooms and 1 bathroom, the home offers a cozy layout with potential for customization. While the property is in need of some TLC and updates, it offers great potential for those looking to invest in a fixer-upper. Whether you're a first-time buyer, investor, or DIY enthusiast, this home presents an affordable entry point into a desirable location. Level back yard, with 2 large sheds.
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| May 17, 2019 | Sold | ||
| Sold | |||
| Jan 24, 2019 | Listed by RE/MAX Real Estate Center | $193,500 | |
| Listed by RE/MAX Real Estate Center | |||
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Address: 335 Madison Avenue, New York, NY 10017