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31 Cedar Hill Terrace
About This Property
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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 |
|---|---|---|---|
| Aug 25, 2025 | Sold | ||
| Sold | |||
| Jul 15, 2025 | In contract | - | |
| In contract | |||
| Jul 10, 2025 | Price Decreased |
$1,050,000
↓ $50K
(4.6%) | |
| Price Decreased | |||
| Jun 24, 2025 | Price Decreased |
$1,100,000
↓ $50K
(4.4%) | |
| Price Decreased | |||
| Jun 10, 2025 | Listed by The Proper Nest Real Estate | $1,150,000 | |
| Listed by The Proper Nest Real Estate | |||
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Perched high on one of Swampscott’s most coveted streets, 31 Cedar Hill Terrace offers breathtaking panoramic ocean views from nearly every room. This 4-bedroom, 3.5-bath home is a rare blend of coastal beauty and everyday comfort. The show-stopping primary suite encompasses the entire third floor, creating a serene retreat with wall-to-wall windows framing the Atlantic—wake up to sunrises over the water and fall asleep to the sea breezes. The lifestyle here is unmatched: enjoy peaceful jaunts along the beach, vibrant local dining, charming shops, and easy access to the commuter rail for a quick Boston commute. Whether you're hosting summer gatherings on the deck or savoring a quiet coffee overlooking the sea, this home delivers the ideal coastal New England lifestyle. With ample space, character, and jaw-dropping views in every direction, 31 Cedar Hill Terrace is more than a home—it’s an everyday escape by the ocean.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017