17
Map
348 Cedar Grove Road
About This Property
The home features a functional layout with plenty of opportunity for customization and updating to suit your personal style and needs. A standout feature of the property is the huge detached garage, offering endless possibilities for vehicle storage, a workshop, hobby space, contractor use, or additional storage.
With its spacious lot size, private setting, and strong potential, this property presents a unique e opportunity to add value and create a truly special home. Being sold as-is, this is the perfect chance for buyers with vision to make this property their own.
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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, 2026 | Sold | ||
| Sold | |||
| Aug 6, 2026 | In contract | - | |
| In contract | |||
| Jul 15, 2026 | Price Decreased |
$384,900
↓ $35K
(8.4%) | |
| Price Decreased | |||
| Jul 4, 2026 | Relisted | $420,000 | |
| Relisted | |||
| Jun 30, 2026 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017