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1 Cedar Drive
About This Property
The show-stopping kitchen is a true centerpiece - sleek quartz countertops, stainless steel appliances, skylights and a casual dining area that flows effortlessly into the living space with a cathedral ceiling and anchored by a classic wood-burning fireplace. Whether hosting friends or enjoying a quiet evening in, this space delivers.
Downstairs also offers a brand-new full bath, a cleverly concealed laundry area, and a spacious den with sliders opening to an expansive deck. Picture yourself soaking up afternoon sun, surrounded by mature landscaping and total privacy with a fully fenced yard- a true outdoor retreat.
Upstairs, you'll find three bedrooms and a full bath featuring a striking stained-glass window for a touch of character. The primary bedroom includes a walk in closet and flexible bonus space, ready to adapt to your needs - a home office, reading nook, or dressing area, the choice is yours.
Complete with a one-car garage and move-in-ready condition, this home combines timeless charm with contemporary upgrades. Add in an unbeatable location just moments from shops, restaurants, and entertainment, and you have a rare opportunity to make this exceptional property your own.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017