18 Cedar Lane
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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 |
|---|---|---|---|
| May 7, 2024 | Sold | ||
| Sold | |||
| Mar 17, 2024 | In contract | - | |
| In contract | |||
| Dec 1, 2023 | Listed by Signature Premier Properties | $699,000 | |
| Listed by Signature Premier Properties | |||
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Privately located in Bellport Beach Estates this 2000sqft+ mid-century modern ranch was solidly built by five mason brothers and completely and tastefully renovated in the past 5 years. Enter through the front door into an open floor plan seamlessly connecting the living, dining, and kitchen areas. The oak hardwood floors extend throughout, offering elegance and easy maintenance. The living room is flanked with windows and centers around a stunning stone wall fireplace. The renovated kitchen is a chef's delight, equipped with top-of-the-line appliances, sleek soapstone countertops, plenty of cabinet space and large center island. The dining room includes sliding glass doors leading to a expansive brick patio overlooking a half-acre+ backyard. This home features three comfortably sized bedrooms, each offering ample closet space and natural light. The master bedroom features cathedral ceilings and private ensuite bath providing a luxurious retreat within the home. The ensuite includes modern fixtures, heated tile floors and a walk-in shower. The two-car attached garage conveniently has an interior entrance to the home with spacious mudroom, laundry area and powder room. Bellport Beach Estates offers access to a private beach, dock, gazebo and play area. You are a stones throw to all of the amenities of Bellport Village including country club, shops, playhouse, marina, play ground, yacht club, ferry to Fire Island and more. This is quality craftsmanship with all your modern updates and amenities!
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| Aug 14, 2017 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017