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323 Cedar LN
About This Property
The home carries a distinct early-1900s farmhouse feel. A large wooden deck creates a natural outdoor living space, ideal for quiet mornings, grilling, or watching the land change with the seasons.
What really sets this property apart is how usable it is. Multiple outbuildings and sheds add flexibility for storage, hobbies, or small livestock. The enclosed structure shown functions perfectly as a chicken coop or small animal enclosure, already in place for someone wanting a true homestead setup.
Fenced, gated, functional, and full of personality. If you're looking for acreage with a house that has history and purpose, this property delivers a style and setting that is hard to find.
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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 |
|---|---|---|---|
| Mar 27, 2026 | In contract | - | |
| In contract | |||
| Feb 5, 2026 | Listed by All City Real Estate Ltd. Co | $349,999 | |
| Listed by All City Real Estate Ltd. Co | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017