7 Cedar Street #2
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 |
|---|---|---|---|
| Jun 27, 2002 | Sold | ||
| Sold | |||
| Apr 13, 2002 | Listed by FirstService Residential Sales & Rentals, LLC | $209,900 | |
| Listed by FirstService Residential Sales & Rentals, LLC | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/19/2015
|
2 Bed
|
2 Bath
|
882 ft²
|
$250,000
2 Bed
2 Bath
882 ft²
|
$250,000
07/01/2015
|
Ted Pietras
Gibson Sotheby's International Realty
| |
|
07/23/2010
|
2 Bed
|
1 Bath
|
882 ft²
|
$229,000
2 Bed
1 Bath
882 ft²
|
-
-
|
Janice Lareau
Century 21 North East
| |
|
04/13/2002
|
2 Bed
|
2 Bath
|
882 ft²
|
$209,900
2 Bed
2 Bath
882 ft²
|
$200,000
-4.72%
06/27/2002
|
Anthony Impemba
FirstService Residential Sales & Rentals, LLC
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017