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129 Cedar Lane
About This Property
This beautiful home features a bright and airy open-floor-plan design, perfect for modern living and entertaining. The living room boasts soaring vaulted ceilings that maximize the sense of space and natural light, flowing seamlessly into an eat-in kitchen.
The main level offers three generously sized bedrooms, including a primary suite complete with its own private full bathroom. Downstairs, the sprawling lower level provides ultimate versatility and endless possibilities, featuring a massive open area with a convenient outside entrance. Situated on an expansive property with plenty of outdoor space to enjoy.
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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 21, 2026 | Price Decreased |
$729,990
↓ $20K
(2.7%) | |
| Price Decreased | |||
| Jul 14, 2026 | Listed by Douglas Elliman Real Estate | $749,990 | |
| Listed by Douglas Elliman Real Estate | |||
| Jun 20, 2002 | Sold | ||
| Sold | |||
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About Gordon Heights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017