71 Cedar Ave
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 |
|---|---|---|---|
| Sep 12, 2024 | Sold | ||
| Sold | |||
| Aug 6, 2024 | In contract | - | |
| In contract | |||
| Jul 23, 2024 | In contract | - | |
| In contract | |||
| Jul 17, 2024 | Listed by Compass | $1,325,000 | |
| Listed by Compass | |||
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Nestled on a quiet side street in beautiful Arlington Heights, this attractive single-family home sits on a spacious lot, offering a private and serene outdoor living experience. Inside you’ll find a warm and welcoming home spanning over 2200 SF across 3 levels. The main level features a spacious living room w/ a wood-burning fireplace, a sunroom, dining room and an open eat-in kitchen with a large granite island that flows into the family room, creating a central hub for gatherings. Upstairs, 3 generous bedrooms and a full bath await, while the top floor accommodates the 4th bedroom and a home office. A full basement offers excellent storage and direct access to the attached garage. Notable highlights include upgraded 200 amp service and 7-zone mini-split cooling/heating installed in 2021. Conveniently located just a few blocks from Robbins Farm Park, w/ easy access to Rt 2, bus service to Alewife,Harvard Sq and Mass Ave for dining and shopping.
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| May 23, 2017 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017