9 White Cedar Drive #UNIT40
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 |
|---|---|---|---|
| Aug 11, 2016 | Sold | ||
| Sold | |||
| Feb 25, 2016 | Listed by Realty One Group Nest | $612,900 | |
| Listed by Realty One Group Nest | |||
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Welcome to condo living with an elegant touch! First floor Master suite, granite counter-tops, graceful faucets, gleaming hardwood floors, gas fireplace, crown molding, and large windows all combine to offer you elegance and ease of living. Imagine those snowy days: sitting by your fireplace while the snow is plowed and your sidewalk shoveled. How about a hot summer day enjoying a cool drink while your lawn is mowed. Condo living is the reward you give to yourself. Enjoy the beauty of custom cabinetry with soft close, stylish lighting and today's paint colors and you have a package of beauty and style. As part of the new North Meadow Village, a 55+ adult community in Middleton, the property offers wooded sites, stone walls,and gentle slopes. Each home is set on a beautifully landscaped lot. The development offers multiple home styles including singles, duplexes and town homes.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/25/2016
|
2 Bed
|
3 Bath
|
2550 ft²
|
$612,900
2 Bed
3 Bath
2550 ft²
|
$615,926
+0.49%
08/11/2016
|
Eric Cudmore
RE/MAX On the River, Inc.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017