658 Cedar Ave
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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 |
|---|---|---|---|
| Nov 3, 2025 | Sold | ||
| Sold | |||
| Oct 6, 2025 | In contract | - | |
| In contract | |||
| Sep 19, 2025 | Price Decreased |
$875,000
↓ $25K
(2.8%) | |
| Price Decreased | |||
| Sep 10, 2025 | Listed by Coldwell Banker West | $900,000 | |
| Listed by Coldwell Banker West | |||
| | |||
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Price Reduced – Move-In Ready Coastal Gem with Paid Solar! Welcome to 658 Cedar Ave, a beautifully upgraded 3-bedroom, 2-bath home tucked away on a quiet cul-de-sac just blocks from the bay. Enjoy refreshing coastal breezes, stunning sunsets, and a backyard oasis that stands out from every other home in this price range—plus the huge bonus of fully paid-off solar for energy efficiency and savings! Interior Highlights: * Modern open floorplan with excellent natural light and airflow * Gourmet kitchen featuring a spacious island, custom finishes, and easy access through a charming Dutch door to the rear deck * Freshly repainted inside & out, with upgraded windows and lighting * Warm, rustic flooring throughout the living areas * Spacious bedrooms, including a primary suite with French doors opening to the sea breeze and glowing sunset views Outdoor Living & Entertaining: * Oversized lot with new turf lawn and low-maintenance landscaping * Expansive backyard retreat with multiple gathering spots * Elevated rear deck perfect for BBQs and sunset dinners * Shaded gazebo and cozy fire pit area * Charming trellis alcove with passionfruit vines * Detached 2-car garage with possible potential for an ADU plus a large shed for even more storage Location & Lifestyle: Just minutes to downtown, shopping, dining, and schools, this home combines convenience with a peaceful neighborhood setting. Don’t miss this rare opportunity — discover why 658 Cedar Ave is the perfect blend of comfort, style, and coastal living!
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| Sep 14, 2016 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017