8 Cedar Road
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 |
|---|---|---|---|
| Dec 8, 2017 | Sold | ||
| Sold | |||
| Sep 22, 2017 | Listed by Collins & Demac Real Estate | $288,500 | |
| Listed by Collins & Demac Real Estate | |||
| Mar 30, 2011 | Sold | ||
| Sold | |||
| Oct 6, 2010 | Listed by OWN IT, A 100% Commission Brokerage | $109,900 | |
| Listed by OWN IT, A 100% Commission Brokerage | |||
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Great opportunity to live in Shrewsbury for a bargain price! Cozy cape/cottage in need of some updating and repairs but it can shine again! Nice open and level lot with a large side yard. Quiet side street with easy access to Rts. 9 & 20. Newer kitchen and bath. Nice hardwood floors. Updated electrical. Seller/Agent make no representations as to condition or financeability of property. Seller requires that all buyers be pre-qualified through Prospect Mortgage - contact listing agent for details.
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| Jun 15, 2010 | Listed by Collins & Demac Real Estate | $134,900 | |
| Listed by Collins & Demac Real Estate | |||
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