6245 Red Cedar Circle
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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 |
|---|---|---|---|
| Jun 14, 2023 | No longer available | - | |
| No longer available | |||
| Sep 13, 2022 | Listed by Property Source Group, LLC | $328,000 | |
| Listed by Property Source Group, LLC | |||
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Lovely 55+ Community! Single-family home with 2 bedrooms, 2 bathrooms, spacious great room with open concept, the pictures are not showing good enough the beautiful space, you need to see it!!! HOA 258/mo includes lawn care, heated pool and spa, chairs and table use around the pool and spa, workout room, tennis courts, bocce ball court, shuffleboard courts, clubhouse, and more! Gard service 8pm to 5am. The property is conveniently located minutes from the beach, shops, and restaurants, and of course, driving a few more minutes you access Downtown Miami and West Palm Beach. The manager has listed the unit size as 1509 square feet.
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| Aug 21, 2019 | Sold | ||
| Sold | |||
| Jun 2, 2019 | Listed by EXP Realty, LLC | $174,000 | |
| Listed by EXP Realty, LLC | |||
| Jan 9, 2019 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017