11401 RUNNING CEDAR ROAD
About This Property
The owners have invested thoughtfully in recent years: **Roof w/warranty, **Andersen windows, **Siding and major systems including **HVAC, **water heater, and **sump pump. **Bathrooms were renovated with quartz vanities, new flooring, and tile. The renovated **kitchen boasts modern LG appliances, while exterior enhancements include a **Pennsylvania bluestone front porch, **stamped concrete walkway, and **Leaf Filter gutter guards. Interior upgrades include fresh paint throughout, refinished hardwoods, new carpet and padding & epoxy garage floor. Detailed update list in the Document Portal.
This home combines the character of a traditional colonial with the assurance of well-executed updates!
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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 16, 2025 | Sold | ||
| Sold | |||
| Sep 17, 2025 | In contract | - | |
| In contract | |||
| Sep 12, 2025 | Listed by Corcoran McEnearney | $850,000 | |
| Listed by Corcoran McEnearney | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017