15 Cedar Lane
About This Property
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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%.
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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.
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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 3, 2025 | Sold | ||
| Sold | |||
| Jul 17, 2025 | In contract | - | |
| In contract | |||
| Jun 26, 2025 | Listed by RE/MAX Benchmark Realty Group | $475,000 | |
| Listed by RE/MAX Benchmark Realty Group | |||
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Welcome to this charming and thoughtfully updated 3-bedroom, 1-bath ranch, nestled in the heart of the highly regarded Cornwall Central School District. Perfectly situated on a flat, fully fenced lot, the property offers a private and secure outdoor space with a built-in playground—ideal for recreation, gardening, or entertaining. A screened-in porch provides a comfortable spot to relax on summer evenings, while the interior boasts gleaming hardwood floors, ceiling fans, and central air conditioning to ensure year-round comfort. The home offers both a cozy living room and a spacious family room, giving you flexibility for everyday living or hosting guests. The kitchen and bathroom have been beautifully renovated with modern finishes, creating a fresh, move-in-ready feel.
Conveniently located just minutes from downtown Cornwall, you'll enjoy easy access to local favorites like Jones Farm and Bakery, the Storm King Art Center, and Cornwall Landing on the Hudson River. Spend weekends hiking at nearby Black Rock Forest or exploring the scenic trails of Storm King Mountain. Commuters will appreciate the close proximity to Route 9W, I-87, and the Salisbury Mills train station for easy travel to New York City. With a perfect blend of modern updates, indoor-outdoor living, and access to the best of the Hudson Valley, this lovely ranch is truly a place to call home.
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| Dec 8, 2016 | Sold | ||
| Sold | |||
| Aug 18, 2016 | Listed by Smitchger Realty | $269,900 | |
| Listed by Smitchger Realty | |||
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About Firthcliffe
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017