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28762 Cedar
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 |
|---|---|---|---|
| Oct 9, 2026 | Price Decreased |
$479,000
↓ $20K
(4%) | |
| Price Decreased | |||
| Aug 14, 2026 | Price Decreased |
$499,000
↓ $40K
(7.4%) | |
| Price Decreased | |||
| Jul 1, 2026 | Listed by MOUNTAIN COUNTRY REALTY, INC. | $539,000 | |
| Listed by MOUNTAIN COUNTRY REALTY, INC. | |||
| Jun 4, 2025 | Price Decreased |
$530,000
↓ $24K
(4.3%) | |
| Price Decreased | |||
| Dec 17, 2024 | Listed | $554,000 | |
| Listed | |||
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Discover this charming, level-entry home in Lake Arrowhead within the lakeside Palisades neighborhood. The property includes a 2 car garage, side yard extended boat/RV parking and walk to the lake. Cozy up to the masonry fire place and enjoy living the lake lifestyle with docks periodically available within walking distance of the house. This property comes as a blank slate with ample opportunity over the garage to expand, and decorate to your desire. Bonus features include: Lake rights, a 2 car garage on main level, additional side yard parking, brand new carpet and interior paint, a backyard porch, and a small lake view from the second story bedrooms. This home is ideal for any real estate needs weather it is a part time or fulltime home, a remodel, or an income property as you and/or your guests can walk to the lake, Cedar Glen shops, restaurants, or access our lake trail for a daily excursion.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017