11 Cedar Lane
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 |
|---|---|---|---|
| Sep 5, 2024 | Sold | ||
| Sold | |||
| Jun 29, 2024 | In contract | - | |
| In contract | |||
| May 19, 2024 | In contract | - | |
| In contract | |||
| May 9, 2024 | Listed by Howard Hanna Rand Realty | $499,900 | |
| Listed by Howard Hanna Rand Realty | |||
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Picture this ~ a 1950s ranch nestled in a serene setting in Warwick, NY, bringing to mind a sense of classic style. This sprawling ranch is that of a Mid-Century Modern design reflecting an Americana vibe with its low-slung profile. A driveway bordered by a rock wall leads you to a private oasis where the home blends seamlessly with natural surroundings, while the inside finds an open floor plan ~ a hallmark of mid-century design. The interior spaces flow effortlessly from one room to the next creating a sense of spaciousness and connectivity, and walls of windows invite abundant natural light and views of the surrounding landscape. Entertaining and large gatherings are easy here, no matter the weather. A beautiful stone fireplace graces the naturally lit living room, and the dining area allows access to the wrap-around covered deck to enjoy all year round. The kitchen opens to a spacious family room ~ perfect for game night, movie night, and socializing with friends and family. Three bedrooms are tucked away for privacy, providing peaceful retreats after a long day. The primary suite has its own access to the covered deck offering a quiet spot for morning coffee or stargazing at night. The outside space beckons for exploration and offers room for outdoor activities, whether it's playing a game of badminton or volleyball, or creating your own vegetable, herb, and flower gardens ~ the choice is yours! And don't miss the full basement which offers endless possibilities for customization. Whether it's a workshop, art studio, or music studio, there's ample room for pursuing hobbies and creative endeavors. This home is conveniently located to Warwick's downtown with shops, cafes, and restaurants. Enjoy nearby local farm markets, hiking, parks, golf, skiing, apple picking and so much more.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017