45
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17 Cedar Lane
About This Property
Designed with sophistication in mind, the home showcases 4" rich oak flooring in a natural finish, a coffered living room ceiling, refined crown molding throughout the first and second floors, custom woodworking, and Andersen 400 Series windows. The chef's kitchen is appointed with premium JennAir appliances, including a 42-inch refrigerator, double wall ovens, gas cooktop, microwave with rollout drawer, pot filler, and recessed cabinet lighting - perfectly designed for effortless entertaining.
The primary suite is a serene retreat, featuring custom beams and a spa-inspired bath featuring a double vanity, soaking tub, water closet, and oversized shower. Additional highlights include custom vanities, mantels, a second-floor bath with double vanity, and a spacious Walk-up attic with block stairs offering exceptional flexibility for future living space.
The exterior is equally impressive, finished with Maibec Eastern White Cedar siding in Cape Cod Gray, a bluestone front porch, architectural roofing, paver driveway with cobblestone apron, underground utilities, sod, professional landscaping, in-ground sprinklers, high-efficiency heat pumps, spray foam insulation, propane fireplace, and a Fujitsu septic system.
A rare opportunity to own luxury new construction in one of the South Shore's most desirable settings offering access to a private beach, playground and boat ramp, craftsmanship, and close proximity to Bellport Village, restaurants, golf, tennis, marinas and waterfront living.
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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 |
|---|---|---|---|
| Sep 23, 2026 | Sold | ||
| Sold | |||
| Jul 1, 2026 | In contract | - | |
| In contract | |||
| May 18, 2026 | Price Decreased |
$1,299,990
↓ $100K
(7.1%) | |
| Price Decreased | |||
| Apr 20, 2026 | Listed by Douglas Elliman Real Estate | $1,399,990 | |
| Listed by Douglas Elliman Real Estate | |||
Property Highlights
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About East Patchogue
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017