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27601 Cedarwood Drive
About This Property
Experience the perfect blend of comfort, style, and practicality in this stunning craftsman-style residence. Nestled atop a sunny knoll on Cedarwood Drive, this home is filled with natural light, creating an uplifting and inviting atmosphere throughout. Every corner of this home exudes warmth, elegance, and a serene connection to the surrounding landscape.
The master suite is a private retreat, while the three additional bedrooms provide serene comfort for family and guests, each thoughtfully designed to capture stunning views of the surrounding trees and natural landscape. One of the rooms currently serves as a spacious game room, complete with its own bath and abundant windows that invite the beauty of the outdoors inside, creating a bright, nature-filled retreat. Designed for effortless entertaining, the home features an open, chef-inspired kitchen, a fireplace-centered living area, a spacious game room, a den, and a deck ideal for alfresco dining or sunset gatherings.
Relaxation extends outdoors with a shaded wrap-around porch and scenic neighborhood strolls, providing the perfect balance of privacy and community charm. Just minutes from the lake, enjoy full lake rights, seasonal festivities, and the simple pleasure of lakeside living.
Whether you're seeking a full-time mountain residence or a weekend getaway, this home offers more than just living space-it's a lifestyle where mountain charm and everyday convenience come together beautifully.
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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 |
|---|---|---|---|
| Jun 17, 2026 | Relisted | $1,199,000 | |
| Relisted | |||
| Jun 3, 2026 | In contract | - | |
| In contract | |||
| Mar 14, 2026 | Price Decreased |
$1,295,000
↓ $100K
(7.2%) | |
| Price Decreased | |||
| Dec 14, 2025 | Listed by RE/MAX LAKESIDE | $1,395,000 | |
| Listed by RE/MAX LAKESIDE | |||
| Jul 20, 2025 | Price Decreased |
$1,199,000
↓ $26K
(2.1%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017