287 Cedar Avenue
About This Property
Inside, you'll find rich hardwood floors throughout, a formal living room and dining room for elegant gatherings, and a custom eat-in kitchen featuring stainless steel appliances and premium finishes. The layout is both functional and stylish, designed for everyday comfort and special occasions alike.
Stay cool in the summer with central air conditioning, and cozy up in the winter by the charming wood-burning fireplace. Each of the four bedrooms offers generous space and natural light, while both bathrooms are tastefully updated with modern fixtures.
Additional highlights include a whole-house generator for uninterrupted power, and the second-story deck that extends your living space outdoors-an ideal spot for morning coffee, stargazing, or hosting guests.
Whether you're enjoying the quiet surroundings, the sparkling lakefront views, or the high-end features throughout, this home is a rare opportunity to own a truly special retreat.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017