23 Cedar Ledges
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 |
|---|---|---|---|
| Nov 4, 2025 | Sold | ||
| Sold | |||
| Sep 11, 2025 | In contract | - | |
| In contract | |||
| Aug 13, 2025 | Price Decreased |
$540,000
↓ $10K
(1.8%) | |
| Price Decreased | |||
| Jul 9, 2025 | Price Decreased |
$549,999
↓ $45K
(7.6%) | |
| Price Decreased | |||
| Jun 10, 2025 | Listed by William Raveis Real Estate | $595,000 | |
| Listed by William Raveis Real Estate | |||
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A taste of the Adirondacks & lake rights too! Enraptured in stone & soft woods, this enchanted country haven is the perfect gem that awaits you. Front entrance has a screened in porch to enjoy all year around. As you enter the home you find yourself in a updated sunlit kitchen w/ an open floor plan to dining area & living rm w/ fireplace. Additional room that can be used as a guest room or home office, a reading nook & updated ½ ba complete the first floor. Upstairs you will find 2 bds w/ tons of storage, full ba & an extra den/office. Walkout basement offers an at home gym & laundry area. Beach rights with private mooring to Lake Oscawana. Come and enjoy all this home has to offer for every season: sandy beach/picnic area, swimming, fishing, motorboat, jet ski’s, & the winter months are just as fabulous on the lake w/ ice skating & ice fishing. You can embrace this dream everyday full-time or escape as a weekender & summer home. Comfort in the country just 1 hour to NYC.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017