1611 CEDAR DRIVE
About This Property
Step inside this beautifully updated 1,942 sq ft, 4-bedroom, 2-bathroom home that perfectly blends modern elegance with classic charm. Every inch of this residence has been thoughtfully redesigned, featuring an open concept layout, a stylish kitchen with premium appliances, and spacious living areas filled with natural light.
Enjoy the spacious master suite with an en-suite bath, plus three additional bedrooms perfect for family or guests. The outdoor space is ideal for entertaining, complete with a landscaped yard and patio.
Located in a friendly neighborhood, this home offers convenient access to local amenities, parks, and schools. Don't miss the opportunity to make this your dream home!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 2, 2025 | Sold | ||
| Sold | |||
| Apr 30, 2025 | In contract | - | |
| In contract | |||
| Apr 23, 2025 | Price Decreased |
$343,000
↓ $6K
(1.7%) | |
| Price Decreased | |||
| Apr 3, 2025 | Price Decreased |
$349,000
↓ $11K
(3.1%) | |
| Price Decreased | |||
| Mar 26, 2025 | Price Decreased |
$360,000
↓ $19K
(5%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017