21 Lenape Trail
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%.
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 17, 2025 | Sold | ||
| Sold | |||
| Jul 22, 2025 | In contract | - | |
| In contract | |||
| Jul 1, 2025 | Listed by Coldwell Banker Realty | $650,000 | |
| Listed by Coldwell Banker Realty | |||
| Sep 4, 2020 | Sold | ||
| Sold | |||
| Jun 5, 2020 | Listed by Keller Williams Realty Ocean Living | $374,999 | |
| Listed by Keller Williams Realty Ocean Living | |||
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Welcome home to the desirable Cedarcroft neighborhood, where ''The forest meets the shore.'' This roughly 2,200 sqft expansive ranch has all of the room you need! Boasting 4br, 2 full bathrooms, basement, newer roof & AC, and location, location, location. The Cedarcroft community is a quaint, secluded neighborhood with meandering tree lined streets. As a homeowner in Cedarcroft, you will have the optional opportunity to join the Cedarcroft Club. Included with the club is access to the community clubhouse and 30 slip marina. Community events are held at the clubhouse throughout the year, and it is also available to rent for private parties. Find out more information at cedarcroftclub.org. You can also take full advantage of Windward Beach, Windward Tavern, and Princeton Deli, all just a few minutes walk away. Windward Beach is home to the Brick Farmers Market, crabbing/fishing pier, playground, as well as the Summerfest concert series which include fireworks at each event. This is a special community with a strong family feel. Come see for yourself!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017