8601 Cedarbrake 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 12, 2021 | Sold | ||
| Sold | |||
| Mar 18, 2021 | Listed by Green Seed Realty | $759,500 | |
| Listed by Green Seed Realty | |||
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Fantastic, completely remodeled opportunity in Spring Valley with easy access to Valley Oaks Elementary, Spring Branch Middle School and Memorial High School. Enjoy the evenings under your cedar covered patio looking out to a generous 12,000+ lot with an automatic drive-way gate and spacious backyard. Inside, the home provides a gorgeous open kitchen (with Quartz countertops), sporting a WOLF range/oven and SubZero refrigerator, a copper-topped wet bar and spacious island counter seating to entertain. At the end of the day, enjoy a soak in the claw-foot tub in the primary bath or connect to the pre-wired system and let the music take you away. High end fixtures through out.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017