85 CEDAR STREET
About This Property
Inside, you'll find high-end upgrades throughout. Stunning luxury vinyl flooring flows seamlessly through the home. Abundant natural light fills the space through the high-impact windows, complementing the bright and airy ambiance. The spacious primary bedroom boasts an ensuite bathroom with tile flooring, a shower-tub combination, and a convenient washer and dryer.
The beautifully updated kitchen boasts GE stainless steel appliances, sleek shaker cabinets, solid-surface countertops, and a designated dining area.
Outside, you'll find a welcoming screened-in porch, a cozy fire pit area, a large storage shed, a covered carport, and a generously-sized backyard -- perfect for kids, pets, and entertaining.
This home has been well-maintained over the years, with updated plumbing, vinyl fencing, and more. Best of all, it is NOT located in a flood zone!
A rare find in today's market, this charming home offers affordable Florida living just moments from the water. Don't miss this chance to make it 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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017