20980 Cedar Dr
About This Property
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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 |
|---|---|---|---|
| Feb 5, 2025 | Sold | ||
| Sold | |||
| Dec 21, 2024 | In contract | - | |
| In contract | |||
| Jul 17, 2024 | Listed by Redfin Corporation | $845,000 | |
| Listed by Redfin Corporation | |||
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Nestled on over 8 private acres, this gorgeous mountain home offers the perfect retreat with its serene setting and modern amenities. The property features the soothing sound of a seasonal creek, spectacular mountain views, and abundant aspen trees. Located on a peaceful cul-de-sac, this home is ideal for those seeking tranquility and breathtaking sunsets. Enjoy outdoor activities with hiking trails and proximity to an Open Space, along with a fenced garden and a gazebo with a fire pit for entertaining. The home boasts nice-sized decks, perfect for family gatherings and entertainment. Inside, the great layout provides a true mountain vibe with beautiful wood doors, trim, & cabinets. Natural light floods the space through numerous windows and a skylight, highlighting the high ceilings and maintaining cool temperatures during the summer. The open living room, dining area, & kitchen create a welcoming atmosphere. The chef's kitchen features new granite countertops, sleek stainless appliances, & plentiful cabinetry. All bedrooms are conveniently located on the main level. The primary retreat includes a sliding door to a peaceful private patio, vaulted ceilings with extra windows, an en-suite bath, and dual closets. The lower level offers additional living space with a spacious family room, full-sized windows, a laundry room, and an additional bath. Great storage closet in the garage. The property includes an asphalt driveway with ample parking for visitors, beautiful landscaping, and a children's slide with a sandbox. Recent updates enhance the home's appeal, including new bathrooms with updated showers, toilets, and sinks, a refaced kitchen with new granite counters and appliances, new decks, a new gazebo, new carpet, freshly painted rooms, new gutters, a new front door, a new washer and dryer, a new pressure tank, and new light reflectors for the decks. Despite its peaceful location, the home is just 10 minutes from groceries, shopping, and restaurants. Welcome home!
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| Apr 26, 2007 | Sold | ||
| Sold | |||
| May 21, 1997 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017