802 CEDAR AVE
About This Property
Make your way up to the front door soaking in the desirable curb appeal with landscaping and brick walkway leading you up to your spacious front porch... perfect for cozy mornings enjoying a cup of coffee. Enter the front door to beautiful luxury plank vinyl flooring, which sets the tone for the rest of the house. Head into the family room with tons of natural light creating a bright and inviting space perfect for relaxation or entertaining guests. The kitchen boasts all new stainless steel appliances, granite countertops, and 42' cabinets for all of your storage needs. The spacious dining area is perfect for family meals or hosting dinner parties. There is also already a door off kitchen ready for you install a deck to your liking, and powder room off kitchen. Upstairs, you'll find the primary bedroom with an attached primary bath and a walk-in closet. Two additional nicely sized bedrooms are located on this level, a hallway full bathroom, and conveniently located upper level laundry! This owner did not miss a detail! 30 year architectural shingles, BRAND NEW hot water heater, double 5' clapboard siding, heat pump replaced 2 years ago... NO HOA. Enjoy being just a short walk from the Chesapeake Bay, the North Beach boardwalk, several stores and restaurants and more! Don't miss your chance to make this beautiful home yours!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017