11501 CEDAR LANE
About This Property
Outside, the expansive 4-acre setting offers endless possibilities-whether you envision outdoor entertaining, gardening, or simply enjoying the peace and privacy of your own 60x20 concrete patio.
This is more than a home-it's a lifestyle defined by elegance, space, and comfort. Don't miss your opportunity to own this one-of-a-kind property. Noted updates include: Roof (2018), A/C (2017), Water Heater (2018)
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017