7924 Cedar Street
About This Property
microwave,warmer,double sink,dishwasher, walk-through pantry, center island w/butcher block counter top, raised bar-height counter w/Starion counter-tops. There is a breakfast nook and formal dining area. The utility room houses the washer/dry and offers lots of storage space. The master suite is a perfect getaway after a long day. It offers a dual fireplace and sitting area. The attached en-suite has a Jacuzzi tub, large shower w/dual shower heads, private toilet closet,double sink and linen closet. The SECOND HOME features 2 good sized bedrooms both w/closet organizers, full bathroom-with shower. The kitchen has a double sink,range,microwave and stack-able washer/dryer. Additional features include:new water heater,concrete drive pad,own septic system,150 gallon propane tank, electrical sub panel and RV dump station. 4200 sq. ft. SHOP/RV GARAGE features: Separate electrical panel/220/solar panels,man door, RV&standard roll up door.
The entire property is approximately 3 acres and is fully fenced/cross fenced has Automatic gate. Please see supplements for additional property features. Virtual tour is available, to access the 2nd house tour go to the open back door & hover over the circle.
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Cap Rate Calculator
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 16, 2020 | Sold | ||
| Sold | |||
| May 4, 2020 | Listed by REALTY ONE GROUP WEST | $620,000 | |
| Listed by REALTY ONE GROUP WEST | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017