7 Cedarcrest Drive
About This Property
One of the highlights of this home is the stunning sunroom, offering an abundance of natural light and a serene space to relax and unwind. Outside, you'll find a multi-level trex decking system along with a rooftop deck above the detached two car garage, perfect for entertaining or simply enjoying the views. Located within walking distance to the water and the Chelsea Civic community beach, this home offers the perfect coastal lifestyle.
This property includes a one year home warranty for peace of mind. Don't miss the opportunity to make this wonderful home yours and enjoy all that Bayville has to offer.
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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 27, 2024 | In contract | - | |
| In contract | |||
| Jul 30, 2024 | Listed by Roman Balandin Realty LLC | $525,000 | |
| Listed by Roman Balandin Realty LLC | |||
Property Highlights
Building Info
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Status
Price/ft²
Listed On
Sold On
About Ocean
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017