7724 CEDAR BREAKS Lane
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 7, 2017 | Sold | ||
| Sold | |||
| Jul 8, 2017 | Listed | $295,000 | |
| Listed | |||
| | |||
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Beautiful Southwest style home with panoramic views. Welcoming courtyard entry with Kiva fireplace & fountain. 5 bedrooms and 3 baths. Master has fireplace & walk in closet .Updated master bath with walk in shower & granite counters. Perfect backyard for entertaining. Enjoy the views from the upper level deck and pool. Triple pane Pella windows & Saltillo tile throughout. Voluntary HOA, easy access to US 54. The manager has listed the unit size as 2891 square feet.
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| Nov 10, 2015 | Listed by Cornerstone Realty | $295,000 | |
| Listed by Cornerstone Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017