2030 Cedar Drive
About This Property
The secondary home is a highlight of the estate. Spanning 1,140 square feet, this separate residence was added to provide a fully autonomous living experience. It includes two comfortable bedrooms, a full bathroom, a spacious private living area, and its own dedicated garage. Because it is detached and self-contained, it functions as a true second house rather than a simple guest suite, ensuring privacy and comfort for long-term occupants or short-term guests.
Complementing the guest house is the impressive 2,088 square foot main residence. Built in 2021, this home features a bright open-concept layout that maximizes the natural light and views of the surrounding landscape. It offers three bedrooms and two full bathrooms, providing a modern and functional floor plan for everyday life. With its own attached two-car garage, the main house maintains its own sense of space while remaining connected to the shared beauty of the grounds.
The homes are situated on 1.2 scenic acres that overlook a peaceful community pond, creating a tranquil backdrop for both residences. Between the two houses, there is ample room for gardening, outdoor entertaining, and recreation. With a total of two separate homes and garage parking for both, 2030 Cedar Drive represents a rare combination of privacy and versatility. This is a unique opportunity to own a property that offers two complete lifestyles in one beautiful Union Valley location.
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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 |
|---|---|---|---|
| Jul 9, 2026 | Sold | ||
| Sold | |||
| May 26, 2026 | In contract | - | |
| In contract | |||
| May 11, 2026 | Listed by Legacy & Co. Real Estate LLC | $599,000 | |
| Listed by Legacy & Co. Real Estate LLC | |||
| Apr 10, 2026 | No longer available | - | |
| No longer available | |||
| Mar 30, 2026 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017