9710 Cedardale 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 |
|---|---|---|---|
| Dec 9, 2022 | Sold | ||
| Sold | |||
| Oct 13, 2022 | Listed by Greenwood King Properties | $499,000 | |
| Listed by Greenwood King Properties | |||
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Renovated Spring Branch one-story ranch home boasts a fantastic location, large backyard and updates galore! Traditional light-filled floorplan features formal living, kitchen with oversized island opening up to the living room and 3 generous bedrooms with two full bathrooms. Kitchen has been tastefully remodeled (2016) with custom cabinetry, gas range, quartzite countertops, and built-in office nook. Utility room doubles as a mudroom and features two hanging bars, granite countertops (perfect for folding!) and tons of storage. Primary suite has large walk-in closet and updated en-suite bathroom with dual sinks and stand-alone shower. Entire home has gorgeous wood-like tile, no carpet! Roof (2015), partial underslab plumbing replaced (2021), Built-in speakers, and so much more! See attachments for full list of improvements. All info per Seller.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017