38
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8526 Cedel Drive
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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 23, 2026 | Price Decreased |
$369,000
↓ $20K
(5.1%) | |
| Price Decreased | |||
| Jul 3, 2026 | Listed by Keller Williams Memorial | $389,000 | |
| Listed by Keller Williams Memorial | |||
| Jul 2, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| May 1, 2026 | Listed by Keller Williams Memorial | $389,000 | |
| Listed by Keller Williams Memorial | |||
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Beautifully updated and meticulously maintained, this Spring Branch home blends modern style with everyday comfort. Sun-filled living spaces feature rich flooring and flow into a granite kitchen with stainless steel appliances, sleek tile backsplash, and 42” espresso cabinetry. The expansive backyard offers exceptional versatility—ideal for potential rental income or creating a private office, gym, or guest space. It also delivers turnkey outdoor enjoyment with dedicated areas for grilling and dining, an already-mounted TV for game nights, ambient string lighting, and a brand-new putting green perfect for fun with friends. Just two blocks away, enjoy Schwartz Park with its walking track, playground, and access to the expanding Hike & Bike Trail system that will eventually stretch 22 miles from Downtown to the Energy Corridor. Minutes from Memorial City Mall, CityCentre, and Terry Hershey Park, with quick access to major thoroughfares for an easy commute.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017