15 Cedar Drive
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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 | |||
| Sep 3, 2025 | In contract | - | |
| In contract | |||
| Jun 30, 2025 | Listed by Compass Greater NY LLC | $1,888,000 | |
| Listed by Compass Greater NY LLC | |||
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Stunning New Construction to be completed August 2025 in the desirable Old Bethpage School District! Come
home to a luxurious 3650 sq ft 5 bedroom (1 on main floor w full bath ) 4.5 bath center hall colonial boasting modern elegance throughout. This well known builder is know for his quality craftsmanship and exceptional energy efficiency build. Discover this spacious open concept layout with natural blond wood floors that flow throughout two levels. Spacious living room and den connects to a custom kitchen featuring stainless steel appliances, large center island with ample storage. Three well appointed large bedrooms on second level feature large closets for versatility. The primary suite boasts a huge walk in closet and full soaking stand along tub and private shower. All bathrooms are designed with trending stylish finishes. The Full unfinished basement with outside entrance has endless possibilities to create additional living space. 15 Cedar Drive is set on a generous lot to offer ample space for pool, and your custom landscape projects. Buyer to verify all info and pay transfer tax, water/sewer hookups and new survey. Plainview/Old Bethpage SD.
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| Nov 15, 2024 | Sold | ||
| Sold | |||
| Sep 18, 2024 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017