705 Cedar 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 |
|---|---|---|---|
| Jul 9, 2026 | Sold | ||
| Sold | |||
| Jun 11, 2026 | In contract | - | |
| In contract | |||
| Jun 1, 2026 | Price Decreased |
$500,000
↓ $25K
(4.8%) | |
| Price Decreased | |||
| May 21, 2026 | Listed | $525,000 | |
| Listed | |||
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As you arrive, you'll be welcomed by the large front patio - the perfect spot to relax and enjoy the outdoors. Inside, this fully updated 4-bedroom, 3-bathroom home features vaulted ceilings, beautiful vinyl-plank flooring, and a spacious layout designed for comfortable living. When you enter the living room, the gorgeous flooring flows seamlessly into the beautifully remodeled kitchen, complete with white cabinetry, stylish countertops, stainless steel appliances, and a dining area perfect for everyday living and entertaining. From the dining area, step through the recently updated sliding patio door to the concrete patio, ideal for entertaining, and enjoy the fully fenced backyard featuring an included storage shed and room to relax or play. Upstairs, the primary suite offers a private retreat with a luxurious 5-piece bathroom featuring a soaking tub and an elegantly tiled shower, and there is a second bedroom and full bathroom as well. The lower level includes two additional bedrooms that can easily function as bedrooms, guest rooms, a home office, exercise room, or bonus space, plus there is a 3/4 bathroom. In the basement, you'll find the laundry area with washer and dryer included, built-in shelving, and a storage room. The water heater is newer, and the roof was replaced in 2023. Other seller updates include new irrigation system, security door, sliding glass patio door, garage motor and rollers and carpet. Additional highlights include a 2-car attached garage, and a move-in ready interior designed for easy living. Conveniently located near I-25, this home offers easy access for commuting while also being within walking distance to the Carbon Valley Recreation Center, and near restaurants, shopping, and other everyday amenities. Don't miss the opportunity to own this nicely updated home in a great neighborhood with convenience at your doorstep!
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| Nov 28, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017