101 Cedar Avenue
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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%.
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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 |
|---|---|---|---|
| Nov 15, 2024 | Sold | ||
| Sold | |||
| Jun 12, 2024 | In contract | - | |
| In contract | |||
| Jun 4, 2024 | Listed by Douglas Elliman Real Estate | $2,795,000 | |
| Listed by Douglas Elliman Real Estate | |||
| | |||
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Welcome to 101 Cedar, an exquisite and pristine home in Hewlett Bay Park, where luxury and serenity meet on a sprawling park-like property of almost two acres. As you enter the home, you are greeted by a beautifully renovated entryway boasting two large closets. The great foyer leads to a tremendous living room with a marble fireplace, creating an inviting ambiance. The banquet-sized dining room is perfect for hosting elegant gatherings, while the library provides a cozy space to gather and opens to the patio. The spacious granite eat-in kitchen features Subzero and Wolf stainless steel appliances including a double wall oven and 5-burner range. Off the kitchen you'll find a large laundry room for added convenience. On the first floor, there is a guest suite with a full bath, providing privacy and comfort for visitors. The heart of this home is the grand family room with soaring ceilings designed for entertaining, with mahogany built-ins, wood floors, oversized fireplace and French doors that lead out to the patio. a design that seamlessly blends indoor and outdoor living spaces. The upper floors features five bedrooms and five full baths. A fully renovated master suite, complete with a fireplace, spa-like bathroom, dressing room, and two large walk-in closets is the true gem. As you step outside you're transported to your own private oasis. The oversized heated Gunite pool has been completely redone, including all new pool equipment. Take a refreshing dive from the diving board or simply relax on the large brick patio surrounding the pool. As you would expect from a home of this caliber she has a convenient cabana with a full bathroom, dressing room, and refrigerator which adds to the convenience and enjoyment of this outdoor retreat. This home is truly magnificent, the meticulous care and attention to detail are evident throughout. Located in award-winning School District #14, this property offers the perfect combination of luxury, functionality, and convenience. Don't miss the opportunity to call this exceptional residence your own.
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| Dec 10, 2023 | In contract | - | |
| In contract | |||
| Jun 20, 2023 | Listed | $2,850,000 | |
| Listed | |||
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About Five Towns
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017