7 Cedar Pond Dr
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| Aug 21, 2023 | Withdrawn | - | |
| Withdrawn | |||
| Aug 7, 2023 | Listed by Afonso Real Estate | $419,900 | |
| Listed by Afonso Real Estate | |||
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Escape to your own private oasis on the stunning shores of CEDAR LAKE! This could be your opportunity to enjoy YEAR-ROUND waterfront. This adorable cottage is ideally situated on the east-facing side, where you will enjoy spectacular SUNRISES while sipping your coffee from the enclosed SUN PORCH. The soft, white sand and sparkling blue waters of Cedar Lake create the perfect backdrop for lazy summer afternoons spent lounging on the beach. The beachfront is a sandy, flat, shallow, and full of sunlight. This home features a remodeled kitchen & bath, open living room & dining room space that leads to an enclosed sunporch overlooking the water. Also offering two bedrooms with beautiful hardwoods, washer/dryer hookups, plenty of walk-in attic storage space & town sewer! Additional parking & outdoor storage for your toys and boats as the lot extends across the street. STURBRIDGE REC AREA is located just down the road and offers a playground, basketball, tennis courts & beach area.
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| Jun 29, 2023 | Sold | ||
| Sold | |||
| May 23, 2023 | In contract | - | |
| In contract | |||
| May 16, 2023 | Listed by RE/MAX Prof Associates | $375,000 | |
| Listed by RE/MAX Prof Associates | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017