75 Cedar Avenue
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 |
|---|---|---|---|
| Oct 15, 2024 | Sold | ||
| Sold | |||
| Aug 16, 2024 | In contract | - | |
| In contract | |||
| Jul 24, 2024 | Listed by Signature Premier Properties | $549,000 | |
| Listed by Signature Premier Properties | |||
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This beautiful 3 bed, 2 bath colonial has been renovated inside and out with quality materials and attention to detail over the past three short years. The home offers an inviting country kitchen featuring black SS appliances, granite countertops, center island, gas cooking & pantry/laundry room, living room with built-in book shelves, enclosed front porch, CAC, HW floors, recessed lighting, bedroom and full bath on first floor, new kitchen, new fixtures, new CAC & heating system, updated 200 Amp electric service, new roof, new cedar-impressions vinyl siding, new gutters, oversized 2 car detached garage, large fenced yard, rear deck, manicured grounds with beautiful gardens and specimen plantings all on a .28 acre property with taxes of just $9,744.91 after star rebate (including village taxes)...come take a look.
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About Patchogue
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017