708 S S Cedar Street
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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%.
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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.
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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 |
|---|---|---|---|
| Apr 14, 2024 | No longer available | - | |
| No longer available | |||
| Mar 13, 2024 | Listed by Compass | $949,000 | |
| Listed by Compass | |||
| | |||
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708 Cedar is the perfect marriage of the modern meeting the memorable. Built in 1915, this home still boasts many of its charming original features such as an unexpected stately foyer with an unblemished coffered wooden ceiling and stained front door. A bright and classic Spanish living room has a romantic picture window, arched built-ins and beautiful barreled ceiling lined with original scalloped beams. Off the living space is a large, raised dining room with original wooden windows that's situated perfectly for guests and entertaining. A tastefully updated kitchen comes with stainless steel appliances, quartz counter tops and a convenient adjoining separate laundry area with backyard access. The home has 2 spacious bedrooms, the primary with French doors that open up to a large deck, overlooking the incredibly spacious yard that has mature fruit trees, plenty of outdoor space for pets, family and entertaining, and conveniently has a separate exterior storage shed. South Cedar street is a quaint road that is directly across from Maple Park which is comprised of tennis courts, walking paths, a children's play area and more. Just minutes from several nearby amenities such as Americana At Brand, Rockbird, Kafn Coffee and several other neighborhood favorites. The home has 1 parking space in the detached garage. Additional street parking on adjoining streets to Cedar St. A great opportunity for a buyer who's looking for a soulful property that's been lovingly cared for. The manager has listed the unit size as 972 square feet.
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| Jul 8, 2019 | Sold | ||
| Sold | |||
| May 29, 2019 | Listed by Portillo & Associates Real Estate | $679,900 | |
| Listed by Portillo & Associates Real Estate | |||
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About Mariposa
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017