1215 Cedar Branch Drive
About This Property
Step inside through the upgraded front door and be greeted by elegant crown molding and durable wood and tile flooring. The open-concept layout offers two generous living areas and a dedicated office, perfect for work or relaxation.
At the heart of the home, a stunning double-sided fireplace elegantly separates the living room and dining area, creating warmth and ambiance for both spaces. The kitchen is a dream, featuring a large pantry, abundant cabinetry, and a charming window seat in the breakfast room, ideal for morning coffee or casual dining. A spacious laundry room and ample storage throughout add to the home's practicality.
The primary suite is a true retreat, boasting Jack and Jill closets and a cozy window seat. Of the three additional bedrooms, two feature walk-in closets, and one offers a charming window seat. The 2.5 baths are stylishly designed for convenience.
Step outside to a backyard ready for your gardening dreams, offering plenty of space to create your personal outdoor oasis.
The garage is equally impressive, featuring a painted floor, built-in shelving, a newer garage door opener (2024), and keyless entry for added convenience.
Nestled in a wonderful community with pools, parks, trails, and other fantastic amenities, this home offers the perfect blend of comfort, functionality, and charm.
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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 |
|---|---|---|---|
| Apr 4, 2025 | Sold | ||
| Sold | |||
| Mar 8, 2025 | In contract | - | |
| In contract | |||
| Feb 19, 2025 | Listed by Keller Williams Central | $465,000 | |
| Listed by Keller Williams Central | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017