224 Cedar Drive
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.
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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 |
|---|---|---|---|
| Dec 6, 2021 | Sold | ||
| Sold | |||
| Nov 8, 2021 | Listed by LandVest, Inc/Woodstock | $965,000 | |
| Listed by LandVest, Inc/Woodstock | |||
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The views, the lake, the sense of peace: a light-filled contemporary home on Lake Champlain with expansive views across the lake to the meadows of Crown Point Historic Park and the Adirondack peaks. With 230’ of lake frontage, this inviting home is characterized by an open floor plan and relaxed elegance. Soaring 22-foot cathedral ceilings in the living area open into the dining area and the cook’s kitchen and connect to the screened-in porch and deck facing the water. Step from the first floor primary suite out the sliding doors to the lakefront. Head upstairs to the spacious balcony space with built-in cupboards and the two large bedrooms en-suite, which have Sabra Fields views out the windows. Downstairs in the entertainment area is a wet bar and home theater with a newly updated projector to stream movies. A stone patio overlooks the beach and sunsets over the mountains. Cool off in the pool. Dogs will love the fenced-in play area, plenty of room for toys in the two-bay detached garage and storage. One hour to Burlington airport, Mad River and Sugarbush Ski Resort and 20 minutes to Middlebury or Vergennes and 17 minutes to Snake Mountain Trail Head. Champlain Bridge Marina is less than a mile away. Showings begin November 12.
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| Nov 19, 2019 | Sold | ||
| Sold | |||
| Aug 13, 2019 | Listed by IPJ Real Estate | $899,000 | |
| Listed by IPJ Real Estate | |||
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Unparalleled views of Lake Champlain and the Adirondack Mtn range! The quality exudes from every corner of this three bedroom, five bath home. Designed with thought and care, you'll be delighted at the spacious nature of the rooms and the options for how you will live here. Beginning with a spacious chef's kitchen with double wall ovens, gas cooktop and double drawer dishwashers. Beyond is an open area inclusive of the dining area which spills into the living room with a 22 foot cathedral ceiling, walls of glass facing the lake and mtns and a double-sided gas fireplace. The 1st flr master suite is complete with sliders to the deck, a generous walk-in-closet and a private bath with double vanities, air jet tub and tiled stall shower. Versatile space on the 2nd floor includes a large landing area with built-in desks and storage cabinets as well as two bedrooms - each with a 3/4 bath, mini fridge, balcony facing the lake and large closets. Ideal for entertaining, this house is complete in the basement with a rec room, a wet bar (ice machine, wine fridge, etc) and your own home theater! An inground pool and a detached two car garage (with abundant storage space in and above!) as well as a deck that spans the back of the house make this a truly wonderful year-round lake property. Whether you're a skier, boater, hiker or love to fish this home is located to take advantage of so much. Less than 1 hour to Burlington airport and 20 minutes to Middlebury or Vergennes
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| May 5, 2017 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017