40 Cedar Lane
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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%.
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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.
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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 |
|---|---|---|---|
| Dec 9, 2020 | Sold | ||
| Sold | |||
| Oct 19, 2020 | Listed by Julia B Fee Sothebys Int. Rlty | $775,000 | |
| Listed by Julia B Fee Sothebys Int. Rlty | |||
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Superb Cedar Knolls location, private and beautiful. Easy walk to Bronxville Village shops and restaurants, Metro North train ( 28 minutes to Grand Central), walking/running trails and parks. Classic colonial just painted inside and out, new roof and gutters, and flooded with sunlight. Spacious living room with fireplace leading to L-shaped sun room, formal dining room and eat-in kitchen. Master bedroom has a walk-in closet/sitting room and bath, two more bedrooms and hall bath. Finished basement with laundry and door to outside. You'll instantly fall in love with this house, great details and meticulously cared for. Great value!!
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| Sep 28, 2018 | Sold | ||
| Sold | |||
| Jun 8, 2018 | Listed by Houlihan & O'Malley R. E. Serv | $679,000 | |
| Listed by Houlihan & O'Malley R. E. Serv | |||
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Located on the prettiest street in Cedar Knolls, this classic Colonial is just what you have been waiting for. It is freshly painted and the floors are refinished just waiting for your family's touch to make it your own. Wonderful layout with entry, living room with fireplace, L shaped sun room with 14 windows, formal dining room and eat in kitchen. The 2nd floor has a master bedroom with en suite bath and dressing room, two more bedrooms and a hall bath. The 4th bedroom is on the 3rd floor. There is a full basement which is partially finished. Recent improvements include exterior painting and new roof. Walk to everything from this idyllic spot in historic Cedar Knolls. Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:1 Car Detached,
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017