6802 Cedar Lane
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 2, 2023 | Sold | ||
| Sold | |||
| Jun 6, 2023 | Listed by NewTrust Real Estate | $319,000 | |
| Listed by NewTrust Real Estate | |||
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Bartlett neighborhood is known for its charm, character and tradition. Our loss is your gain! Home remodel started but not finished. Great opportunity to come in at a good price & finish. New windows & A/C in 2019. Wood-look tile floors throughout most of home. Kitchen features granite counters. Master has a huge closet and a remodeled bath with jetted tub and separate shower. Hall bath is updated. Beautiful pool! 2-car garage with double wide driveway has gate w/ remote. Low tax rate & no HOA fees. Easy access to I10, shopping, restaurants & more. Never flooded.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017