9717 Cedardale Drive
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 |
|---|---|---|---|
| Oct 31, 2023 | Sold | ||
| Sold | |||
| Sep 20, 2023 | Listed by Keller Williams Premier RealtyKaty | $488,000 | |
| Listed by Keller Williams Premier RealtyKaty | |||
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Updated classic ranch style home on treelined street with large backyard and spacious paver, stone and black rock back patio in highly desired Long Point Woods. Open floorplan perfect for large gatherings and entertaining. Kitchen updates include quartz countertops, Shaker style cabinets, travertine and glass tile backsplash (2021), GE 5 burner gas range, double stainless gas oven, wine and coffee service niche! Plus Leafguard gutters, garage with sink and mini split AC, timed uplighting, granite vanity in secondary bath, AND whole house PEX piping (2021). Large utility with extra cabinets/pantry space. Enjoy low taxes, no HOA dues and LOW ENERGY COSTS with North/South orientation, ceiling fans throughout living area and all bedrooms, Navien Tankless on demand water heater and double pane windows! Professionally landscaped backyard with manual irrigation system. Large covered patio has roll down shade for cool evening enjoyment. Tile throughout! No flooding in Hurricane Harvey!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017