7609 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 |
|---|---|---|---|
| Jun 25, 2026 | Sold | ||
| Sold | |||
| May 29, 2026 | In contract | - | |
| In contract | |||
| May 25, 2026 | Listed by Sandy Messer And Associates | $299,000 | |
| Listed by Sandy Messer And Associates | |||
| Jun 25, 2019 | Sold | ||
| Sold | |||
| Jan 31, 2019 | Listed by Home Pros Real Estate Group | $192,000 | |
| Listed by Home Pros Real Estate Group | |||
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Don't miss out on this beautiful home located in the sought after neighborhood of Desert Springs. This is the only home in the neighborhood listed under $200,000 and in fantastic condition. Make an appointment to come and see this well kept home! It features granite countertops, a fully landscaped backyard, smart Nest thermostat to minimize electric bill, and ceramic tile in all main areas of the home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017