131 CEDAR TREE LN
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 |
|---|---|---|---|
| Aug 13, 2025 | In contract | - | |
| In contract | |||
| Jun 18, 2025 | Price Decreased |
$899,000
↓ $50K
(5.3%) | |
| Price Decreased | |||
| May 13, 2025 | Price Decreased |
$948,999
↓ $1
(0%) | |
| Price Decreased | |||
| Apr 19, 2025 | Price Decreased |
$949,000
↓ $46K
(4.6%) | |
| Price Decreased | |||
| Mar 20, 2025 | Listed by Sullivan Hill Country Properti | $995,000 | |
| Listed by Sullivan Hill Country Properti | |||
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Now included with this gorgeous WATERFRONT HOME is a big, beautiful TRI-TOON BOAT - SITTING IN THE MARINA & READY TO GO! You can be out on the water the day you close the purchase, both from your boat and from the shore of your new home! You must come see this stunning lake front home. Nestled on a peaceful private street offering the perfect blend of luxury and comfort. A picturesque stone path leads from the home directly down to the water's edge, inviting you to embrace lakeside living. The beautifully landscaped backyard features an artificial grass putting green, providing endless entertainment for golf lovers. The outdoor area is an entertainer's dream, with a wet bar and a built-in BBQ grill. The backyard is fully enclosed with wood and wrought iron fencing, providing security and a safe environment for pets. A covered deck and patio extend your living space, for seamless indoor-outdoor living while you soak in breathtaking lake views. Inside, the home boasts 4 bedrooms, including 2 master suites, a flex room, a large media/game room, and 4.5 baths, ensuring space and privacy for everyone. Expansive windows throughout the home capture stunning lake views. The media/game room is a haven for relaxation and entertainment, including a huge 90" flat screen TV, luxury billiard table, a wet bar, wine fridge, and professional grade dart board. All interior and outdoor furniture convey with the home, allowing for seamless move-in and instant enjoyment. The outdoor storage space is large enough for your water toys and outdoor items. Whether you're looking for a permanent residence or a vacation retreat, this home offers the flexibility of short-term rentals, providing an investment opportunity. With lake levels currently low and boat ramps closed, with this purchase you, will have the immediate ability to enjoy the lake on your tri-toon boat that is ready to cruise from its covered slip at Canyon Lake Marina, sellers are pre-paying the slip rental fees thru May 2026.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017