4387 CEDAR Road
About This Property
A courtyard entrance welcomes you into this 3-bedroom, 2-bath home featuring 2,191 square feet, modern tile flooring throughout, fresh interior and exterior paint, updated bathrooms, and a gas fireplace. Custom recessed lighting paired with Lutron Caseta smart dimmer switches lets you set the mood throughout the interior. Outside, enjoy a saltwater pool with a heater and chiller, a covered tiki hut with power, outdoor shower, putting green, and paver patio-plenty of ways to unwind, entertain, or make an ordinary afternoon feel like a vacation.
Boaters will appreciate the concrete seawall, private dock with water and electricity, and 12,000-pound boat lift. The fully fenced property offers room for your vehicles and recreational toys, with a 2-car garage, 2-car carport, and an additional oversized carport for RV or boat storage.
Major improvements include windows and two HVAC systems in 2023; a well pump, water heater, and pool equipment in 2024; a roof and gutters in 2025; and custom aluminum Bermuda shutters and new carports in 2026. A free-flowing artesian well and 10-zone irrigation system add everyday convenience.
With indoor and outdoor furnishings and appliances included, this turnkey property is ready for you to settle in and enjoy waterfront living from day one. Bring your boat, invite your favorite people, and let the Doctors Lake sunsets take it from here. This is your opportunity to own waterfront property where flood insurance is not required, per seller.
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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 |
|---|---|---|---|
| Nov 5, 2026 | Listed by EXIT INSPIRED REAL ESTATE | $949,000 | |
| Listed by EXIT INSPIRED REAL ESTATE | |||
| Sep 27, 2023 | Sold | ||
| Sold | |||
| Mar 9, 2023 | Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS | $974,900 | |
| Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS | |||
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Boaters paradise! Absolute showstopper and MUST SEE! This pristine Doctor's Lake beauty with unique courtyard entryway, private dock, brand new 10k lb boat lift, inground saltwater pool, covered lanai, magazine worthy cabana for entertaining, massive Florida Room and endless water views from every turn, just to name a few. Imagine waking up every morning to this view? Prepare to be in awe from the moment you step inside between these wood look style floors, soaring high ceilings with wood beam features, upgraded fixtures throughout, brand new windows and sliding glass doors wrapping what feels like your entire home, charming fireplace with stone accent wall and custom mantle, and so much more! You'll be unpacking your boxes as you tour this beaut! Gourmet kitchen is spacious and overlooks the rest of your home, boasting custom wood cabinets, granite countertops, wrap around breakfast bar, SS appliances with custom hood vent, undermount sink, recessed lighting, and more. Bedroom wing offers your master tucked away in the back for the most incredible views, large sliding glass doors to your backyard, massive walk-in closet and ensuite complete with double sink, comfort height vanities, custom cabinets and walk-in tiled shower with frameless entry. Two additional guest bedrooms down the hall and full bath with shower/tub combo and large sink vanity with granite counters. Backyard oasis is where you'll spend your days feeling like you live on vacation! Meticulously kept with pavered pool deck, extended patio, everyone's favorite pool sun shelf for catching rays while you take in the beauty around you. Imagine your morning coffee on your favorite swing watching the sun rise! Need we say more? See you at the closing table, bring your swimsuit!
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| Jul 27, 2021 | Sold | ||
| Sold | |||
| Apr 5, 2021 | Listed by EXIT INSPIRED REAL ESTATE | $724,900 | |
| Listed by EXIT INSPIRED REAL ESTATE | |||
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About Lakeside
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017