7 Cedar St
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 |
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| Sep 27, 2024 | Sold | ||
| Sold | |||
| Aug 9, 2024 | In contract | - | |
| In contract | |||
| Jul 15, 2024 | Listed by Berkshire Hathaway HomeServices Verani Realty | $979,000 | |
| Listed by Berkshire Hathaway HomeServices Verani Realty | |||
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Step back in time and embrace the charm of this historic gem, built in 1760, on a picturesque acre lot. This delightful property offers a unique opportunity to own a piece of North Reading's rich history with modern expansion potential. Key Features: Historic Charm: Original old floors, low ceilings, and working fireplaces in each room. Spacious Living: 3 bedrooms, 1.5 baths, and 2300 sq. ft. of living space, Ample Parking and Storage: Includes a two-car garage. Outdoor Oasis: Magnificent older trees, a pool, and a screened lot. IDEAL Location: Peaceful dead-end street with wonderful neighbors, easy access to highways and to Boston! Expansion Potential: Architectural plans available for expanding the kitchen, attic, and living space, integrating modern touches with historic charm. Excellent School system, Community and Parks. Experience the charm of yesteryears with today's conveniences and envision the possibilities of expansion in this captivating property! Watch VIDEO !!!
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| Jul 20, 2018 | Sold | ||
| Sold | |||
| May 31, 2018 | Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | $629,000 | |
| Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | |||
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Standing Strong & Proud and making a statement among today's homes, this updated and immaculate Colonial may be just the home you've been waiting for. The work has all been done here, including exterior paint and new roof, kitchen (2015) and new bathrooms, refinished wide pine flooring, recessed LED lighting, new ductless air conditioning system with heat, and interior paint. Extras include screened porch leading to two car attached garage. There is an in-ground pool and brick patio in your private back yard perfect for summer entertaining. Large, bright rooms and the home's southerly exposure brings in the sunshine. All this and set on a lush level Acre+ of manicured grounds, in a quiet setting within walking distance to Ipswich River Park and the town center. You are definitely going to want to see this one! SHOWINGS START AT OPEN HOUSE SATURDAY JUNE 2ND.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017