63 Cedar St
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 |
|---|---|---|---|
| Dec 5, 2019 | Sold | ||
| Sold | |||
| Jun 20, 2019 | Listed by Linwood Ave Realty | $474,900 | |
| Listed by Linwood Ave Realty | |||
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New Construction 3 Bedroom Ranch, White Kitchen Cabinets with Island, Granite in Kitchen and Baths. Kitchen/Family Room is open floor plan with Gas Fireplaces, Separate Dining Room, 23 X 23 Attached Garage. Front covered porch and covered deck in rear. Generous allowances on lighting, flooring and appliances. Walk out basement. This property will be ready for delivery the end of August.
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| May 11, 2018 | Sold | ||
| Sold | |||
| Mar 7, 2016 | Listed by Mendon Area Real Estate | $99,900 | |
| Listed by Mendon Area Real Estate | |||
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This may be 2 lots. one residential on Cedar St and one commercial on Rt. 16. There does seem to be enough frontage and area for both. The residential lot has a 4 bedroom septic system installed in 1992 (building was torn down) The site has mostly gravel allowing for an in ground system. 2 minute perc rate. See attached Documents for "As Built" Easy excavation. Its a very nice setting either way. Close to Douglas State Forest just down the street. There is a drilled well on the property. Title V passed in 2013. Has not been used since 2008 when house burned down. Title V, Plot plan, and "As built" all attached to this listing.
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| Apr 18, 2011 | Listed by Angel's Realty | $395,000 | |
| Listed by Angel's Realty | |||
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