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Map
29 Cedar Ln
About This Property
Tucked away in the desirable McKinley Subdivision, this immaculate home blends comfort, style, and mountain serenity on 4.6 private acres. Sun-drenched southern exposure, hardwood floors, pitched ceilings, granite counters, stainless appliances, and lighted ceiling fans (even on the covered porch!) set the stage for everyday enjoyment.
The versatile layout offers a spacious main level plus a fully equipped guest/extended-family suite on the lower level-perfect for privacy or multi-generational living. Cozy up to the stunning stone fireplace, or enjoy the warmth of two efficient wood stoves all winter long.
Step outside and soak in breathtaking views from the front deck, watch abundant wildlife, or relax among mature aspen and pine. Extras abound: BACKUP GENERATOR, SOLAR PANELS WITH BATTERY STORAGE, ATTACHED GARAGE WITH CARPORT, PAVED DRIVEWAY, YEAR AROUND GREEN HOUSE, OUTDOOR STORAGE SHED, and even a PRIVATE MEDITATION AREA!
This "Sanctuary in the Trees" combines beauty and practicality. Located just 1.5 miles from Hwy 285 via regularly plowed Rim Rock Road, you'll enjoy easy access while keeping your mountain privacy.
Note: Septic designed for 3 bedrooms; basement bedroom non-conforming.
Don't miss this rare gem-watch the full virtual tour here: https://www.youtube.com/watch?v=OyfXlZTjw7c
and schedule your private showing today!
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Cap Rate Calculator
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 5, 2025 | Sold | ||
| Sold | |||
| Oct 8, 2025 | In contract | - | |
| In contract | |||
| Sep 22, 2025 | Price Decreased |
$725,000
↓ $25K
(3.3%) | |
| Price Decreased | |||
| Aug 1, 2025 | Price Decreased |
$750,000
↓ $20K
(2.6%) | |
| Price Decreased | |||
| Jul 11, 2025 | Price Increased |
$770,000
↑ $45K
(6.2%) | |
| Price Increased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017