63 Cedar Hill Road
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 |
|---|---|---|---|
| Aug 20, 2024 | Sold | ||
| Sold | |||
| Jul 16, 2024 | In contract | - | |
| In contract | |||
| Jul 11, 2024 | Listed by ERA Key Realty Services - Distinctive Group | $425,000 | |
| Listed by ERA Key Realty Services - Distinctive Group | |||
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A wonderful investment opportunity for a contractor or builder seeking their next project! This single-family house located in a quiet neighborhood on half-acre fenced lot presents endless potential. Town Water & Sewer allows for expansion of bedroom count. Total possible living area exceeds 2700 square feet. Please note, this property is eligible for CASH or REHAB LOANS ONLY. Don't miss out on this rare chance to turn vision into reality! OFFER DEADLINE, Monday, July 15th at noon.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017