8 Cedar Street
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 |
|---|---|---|---|
| Jul 22, 2024 | Sold | ||
| Sold | |||
| Jun 6, 2024 | Listed by Lamacchia Realty, Inc. | $749,000 | |
| Listed by Lamacchia Realty, Inc. | |||
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Rare opportunity to own this recently refreshed, impressive 4 bed 2.5 bath colonial w/town sewer nestled on the bend of Cedar Street a short distance to the commuter rail! This thoughtfully laid out home is an entertainer’s dream! The first floor features a large living room that flows into an oversized kitchen w/new quartz counters w/breakfast bar, separate dining and sitting area, loads of cabinet space, and recessed lighting. The slider leads to large deck adjacent to the kitchen while a full bath and bedroom complete the first floor. The 2nd floor is highlighted by 3 generously sized bedrooms including a primary suite with dual closets and a refreshed bathroom with new bath surround. The basement features a bonus room, ½ bath, and is plumbed for a wet bar. Refinished hardwood flooring, new light fixtures, new paint throughout, and central A/C complete the interior of this home while the fully fenced back yard offers a world of opportunity. You do not want to miss this home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017