7 Cedar Rd
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 |
|---|---|---|---|
| Oct 25, 2024 | Sold | ||
| Sold | |||
| Sep 24, 2024 | In contract | - | |
| In contract | |||
| Sep 17, 2024 | Listed by Keller Williams Realty Boston-Metro | Back Bay | $449,000 | |
| Listed by Keller Williams Realty Boston-Metro | Back Bay | |||
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This darling 2 bed/1 bath home in coveted Long Lake area packs a lot of punch in a great location. The updated, fully applianced kitchen has gas cooking and overlooks the oversized, sunny dining room. The living room has large windows with views of Long Lake and a cozy fireplace. The full bathroom is tiled with modern finishes. A primary suite includes a half bath. A large second bedroom rounds out this home. This charming year round cottage has a large deck off the kitchen and a huge, partially fenced in yard. There is a carport for multiple cars. A garage bay with a newer EV chargers opens to a massive unfinished basement with untapped potential. Located just two lots back from the lake and .5 miles from Long Lake Beach, this home is ideally situated for summertime fun! In the winter, enjoy nearby Nashoba Valley Ski Area. This home has been a successful AirBnB for several years, inquire with agent for details.
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| Feb 3, 2021 | Sold | ||
| Sold | |||
| Oct 22, 2020 | Listed by Keller Williams Realty Boston-Metro | Back Bay | $349,900 | |
| Listed by Keller Williams Realty Boston-Metro | Back Bay | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017