15 Cedar Avenue Extension
About This Property
The granite kitchen features quality stainless steel appliances (2–3 years old), while the bathrooms have been thoughtfully renovated with high-end, sophisticated finishes. Every space reflects an exacting standard of care and craftsmanship rarely found on the market.
The exterior is just as striking, with a bluestone front porch and patio ideal for entertaining or quiet evenings by the fire pit. A fireplace adds charm and warmth indoors, with the flexibility to be wood-burning, gas, or electric.
Major recent upgrades include a brand-new roof (2025), new HVAC system (2025), professional landscape design, and a whole-house water filtration system with reverse osmosis for drinking water.
This is not just a home-it's a rare opportunity to own a truly immaculate property in one of the area's most desirable and established communities.
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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 22, 2025 | Sold | ||
| Sold | |||
| Aug 27, 2025 | In contract | - | |
| In contract | |||
| Aug 8, 2025 | Listed by Netter Real Estate Inc | $1,299,500 | |
| Listed by Netter Real Estate Inc | |||
| Aug 6, 2020 | No longer available | - | |
| No longer available | |||
| Jun 18, 2020 | Listed by Netter Real Estate Inc | $895,000 | |
| Listed by Netter Real Estate Inc | |||
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Stunning Columned Colonial, located in Beautiful Bayberry Area. Pristine, just move in. Home completely renovated over past 5 years including granite kitchen with Viking appliances, designer bathrooms, large bluestone patio for entertaining, professional landscape design, gas fireplace and fire pit, surround sound in and out, and home water filtration system with reverse osmosis for drinking. Short distance to Bayberry Tennis Club and beach. The manager has listed the unit size as 2598 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017