39
Map
22381 CEDAR STREET
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 |
|---|---|---|---|
| Jul 7, 2026 | Sold | ||
| Sold | |||
| May 31, 2026 | In contract | - | |
| In contract | |||
| May 24, 2026 | Relisted | $329,900 | |
| Relisted | |||
| May 20, 2026 | In contract | - | |
| In contract | |||
| May 14, 2026 | Listed by RE/MAX One | $329,900 | |
| Listed by RE/MAX One | |||
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New pictures added! Back on the market due to buyer financing issues-no fault of the seller. Welcome to 23281 Cedar St in Leonardtown — where thoughtful updates meet easy coastal living in the sought-after St. Clements Shores community.
This home was fully refreshed in 2021, offering today’s buyers the perfect blend of modern finishes and established reliability. Inside, you’ll find luxury vinyl plank flooring throughout, bright white trim, and an inviting, light-filled layout.
The kitchen was updated in 2021 with granite countertops, ample cabinetry, and a full suite of stainless steel appliances — ideal for both everyday living and entertaining. Both bathrooms were also renovated in 2021, featuring updated fixtures and beautifully tiled showers for a clean, modern look.
Major system upgrades were completed in 2021, including the HVAC system, roof with CertainTeed Landmark shingles, attic insulation, and crawlspace encapsulation — giving you confidence and peace of mind for years to come.
Beyond the home itself, St. Clements Shores offers a lifestyle that truly stands out. The civic association maintains community waterfront access, including three piers, boat ramps, beach access, and open space — perfect for enjoying the water, launching a kayak, or relaxing by the shoreline.
If you’ve been looking for a move-in ready home with key updates already handled in a water-oriented community… this is your opportunity.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017