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12630 CEDAR RIDGE DRIVE
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 18, 2026 | Price Decreased |
$325,000
↓ $15K
(4.4%) | |
| Price Decreased | |||
| Aug 28, 2026 | Listed by CHARLES RUTENBERG REALTY INC | $340,000 | |
| Listed by CHARLES RUTENBERG REALTY INC | |||
| Aug 14, 2026 | Relisted | $350,000 | |
| Relisted | |||
| Jul 3, 2026 | In contract | - | |
| In contract | |||
| Jun 10, 2026 | Listed by EZ CHOICE REALTY | $350,000 | |
| Listed by EZ CHOICE REALTY | |||
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HOME IS BACK ON THE MARKET DUE TO THE BUYERS FINANCING FALLING THROUGH....Finding a true 4-bedroom home with this much living space, a large pool, and modern updates is becoming increasingly difficult—and that's exactly what makes 12630 Cedar Ridge Drive so special.
From the moment you walk inside, you'll notice how much room this home offers. The layout provides the flexibility today's buyers are looking for, whether you need extra bedrooms for family, a home office, guest space, or simply room to spread out. The recent renovations give the home a fresh, modern feel while still maintaining the warmth and comfort that make a house feel like home.
The heart of the property is the backyard. The oversized pool creates a private setting that's perfect for relaxing after work, entertaining friends, or enjoying Florida's year-round sunshine. Unlike many homes where the pool feels like an afterthought, this outdoor space was clearly designed to be enjoyed and become part of everyday life.
One of the things that stands out about this property is its versatility. The spacious floor plan and outdoor amenities make it ideal as a primary residence, a seasonal retreat, or even a future short-term rental opportunity if desired.
Conveniently located near shopping, restaurants, golf courses, parks, marinas, and the Gulf Coast, this home offers the lifestyle that attracts people to Florida in the first place.
If you've been searching for a move-in-ready home with four true bedrooms, generous living space, and a pool large enough to actually enjoy, this is a property that deserves a closer look.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017