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594 CEDAR Avenue
About This Property
Situated on a spacious ½-acre lot, this move-in-ready home features a newly renovated interior, complete with brand-new appliances and New Windows!! The inviting layout includes a versatile flex space with its own designated entrance that can easily serve as a home office, playroom, formal dining area, or whatever best fits your lifestyle. The oversized yard offers plenty of room for adding an additional workshop, entertaining, gardening, pets, or simply relaxing outdoors.
Conveniently located within walking distance of the Public Pool, Local Schools and Baldwin's favorite restaurants, you'll enjoy the best of small-town living with easy access to everyday amenities.
An added bonus- this property qualifies for USDA financing, making homeownership even more affordable for eligible buyers.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017