7412 Red Cedar Drive
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 |
|---|---|---|---|
| May 14, 2026 | Sold | ||
| Sold | |||
| Apr 29, 2026 | In contract | - | |
| In contract | |||
| Apr 24, 2026 | Listed by Keller Williams Realty | $337,000 | |
| Listed by Keller Williams Realty | |||
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Beautifully enhanced West Side home offering 1,685 sq ft, 3 bedrooms, and 2 bathrooms and a PHENOMENAL back yard. This single-family home features a functional layout and thoughtful updates throughout, making it move-in ready. Featuring improvements including a commercial-grade Speed Queen washer and dryer, a recently updated dishwasher, widened driveway for three vehicles, and concrete pathways surrounding the backyard, a stamped concrete back porch with extended overhang, fans, and lighting, plus a firepit area perfect for entertaining. The backyard also features raised stone garden beds with drip irrigation and solar lighting, along with high-quality, pet-friendly artificial turf. Additional upgrades include two storage sheds with electricity, exterior repainted with hail-resistant paint, stone exterior enhancements, and a fully repainted interior. The garage has been enhanced with a wall heater, screen door, and a unique original railroad workbench making it a perfect hang out spot year round!
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| Oct 14, 2022 | Sold | ||
| Sold | |||
| Aug 17, 2022 | Listed by ERA Sellers & Buyers Real Esta | $265,000 | |
| Listed by ERA Sellers & Buyers Real Esta | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017