2831 CEDAR LANE
About This Property
The home features 3 bedrooms on the main level and 3 full bathrooms, with thoughtfully designed living spaces throughout. The main level is warm and inviting, centered around a fireplace that anchors the living area, while large windows bring in abundant natural light and create an easy flow between the living, dining, and kitchen spaces.
The updated kitchen offers ample cabinetry, generous counter space, and a functional layout ideal for everyday living and entertaining. Bedrooms are comfortably sized with great closet space.
The finished walk-up basement expands the home's versatility, featuring a full bath and an additional finished room that offers flexible use for a recreation room, home office, fitness area, or extended living space. Walk-up access allows for convenient entry to the backyard.
The home also features two fireplaces, adding warmth and character to the living spaces.
Outdoors, the expansive yard is a true highlight, offering open green space, mature trees, and plenty of room for gardening, recreation, or future expansion. The corner lot enhances privacy while also providing multiple access points and added flexibility for potential development.
Ideally located near Lee Highway (Route 29) and just minutes from I-66, commuting to Vienna, Tysons Corner, and Fairfax is quick and convenient. The Mosaic District is nearby for shopping, dining, and entertainment, and Dunn Loring Metro offers easy access into Washington, DC. Parks and trails are also close by for outdoor enjoyment.
Opportunities like this are rare-schedule your showing today and experience the space, setting, and versatility this unique property has to offer!
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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 |
|---|---|---|---|
| May 15, 2026 | Sold | ||
| Sold | |||
| Apr 27, 2026 | Listed by EXP Realty, LLC | $1,200,000 | |
| Listed by EXP Realty, LLC | |||
| Aug 3, 2025 | Price Increased |
$1,250,000
↑ $5K
(0.4%) | |
| Price Increased | |||
| Aug 3, 2025 | Price Decreased |
$1,245,000
↓ $50K
(3.9%) | |
| Price Decreased | |||
| May 24, 2025 | Price Decreased |
$1,295,000
↓ $55K
(4.1%) | |
| Price Decreased | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017