735 Cedar Avenue #5
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 |
|---|---|---|---|
| Aug 24, 2016 | Sold | ||
| Sold | |||
| May 10, 2016 | Listed by Intero Real Estate Services | $159,000 | |
| Listed by Intero Real Estate Services | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/23/2025
|
1 Bed
|
1 Bath
|
603 ft²
|
$339,000
1 Bed
1 Bath
603 ft²
|
$279,900
-17.43%
09/19/2025
|
David Haas
Pro Realty
| |
|
06/06/2024
|
1 Bed
|
1 Bath
|
590 ft²
|
$375,000
1 Bed
1 Bath
590 ft²
|
-
-
|
Nohemi Ramirez
Keller Williams Beach Cities
| |
|
05/08/2024
|
1 Bed
|
1 Bath
|
605 ft²
|
$350,000
1 Bed
1 Bath
605 ft²
|
-
-
|
Jack Tanner
Beach Cities Properties, Inc.
| |
|
12/14/2021
|
Studio
|
1 Bath
|
428 ft²
|
$259,000
Studio
1 Bath
428 ft²
|
$270,000
+4.25%
01/19/2022
|
Wendy Rich-Soto
Keller Williams Realty
| |
|
02/11/2021
|
1 Bed
|
1 Bath
|
590 ft²
|
$299,000
1 Bed
1 Bath
590 ft²
|
$289,000
-3.34%
05/03/2021
|
Jennifer Okhovat
| |
|
07/29/2017
| |
Studio
|
1 Bath
|
428 ft²
|
-
Studio
1 Bath
428 ft²
|
-
-
|
-
|
|
06/26/2017
|
Studio
|
1 Bath
|
428 ft²
|
$169,000
Studio
1 Bath
428 ft²
|
$169,000
08/31/2017
|
Christine Beaur-Mortezaie
Coldwell Banker Coastal Alliance
| |
|
05/10/2016
|
1 Bed
|
1 Bath
|
603 ft²
|
$159,000
1 Bed
1 Bath
603 ft²
|
$160,000
+0.63%
08/29/2016
|
Kevin Messiha
Intero Real Estate Services
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017