2 CEDAR LANE
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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%.
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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.
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 |
|---|---|---|---|
| Jan 9, 2026 | Sold | ||
| Sold | |||
| Dec 2, 2025 | In contract | - | |
| In contract | |||
| Nov 22, 2025 | Listed by Prime Realty Partners | $365,000 | |
| Listed by Prime Realty Partners | |||
| Sep 30, 2022 | Sold | ||
| Sold | |||
| Jul 22, 2022 | Listed by RE/MAX Preferred - Medford | $309,900 | |
| Listed by RE/MAX Preferred - Medford | |||
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FRAME THIS ADDRESS! Picturesque 3 bedroom, 2 bath rancher pleases the heart with its location on Pemberton Borough's best street and offers a classic tradition all its own. Graceful living will be yours as soon as you enter the slate floored foyer that overlooks the spacious living room with wood burning fireplace which displays the Georgia marble stone and bay window that will let the outside shine in. Wood-pegged, Bruce hardwood flooring, pecan paneling, and formal dining room that leads to covered patio area that is a lazy afternoon's delight! Eat-in kitchen has loads of countertop area and a generous serving of quality with Cherry wood cabinetry. Ceramic tiled baths. Oak hardwood flooring in all 3 bedrooms under the carpeting. The Master Bathroom accessed through a pocket door, has a quaint pedestal sink and shower with Jacuzzi base. Quality shines throughout this home to include 2-zone heating, Fine Paints of Europe paint used for the exterior shutters and doors, Levelor blinds thru-out, and enduring brick front exterior. Don't overlook the distinctive historical latern in the front yard (transplanted from a historic home along Elizabeth Street that was originally a gas latern, now electric) that just adds to the tradition of this custom-built rancher now being sold by the Estate of the original owner. Lovely trees cast shadows over the rolling lawn of this oversized lot. DON'T SETTLE FOR "JUST ANOTHER" HOME!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017