4581 White Cedar Lane
About This Property
Enjoy the tranquility of natural gas on the street and escape the hustle and bustle with no traffic noise. Step onto the balcony to soak in the breathtaking scenery and unwind in complete privacy. With ample space for entertaining, this home boasts two large bedrooms upstairs, ensuring your guests feel right at home. Plus, it's just a short stroll away from the clubhouse, offering endless opportunities for leisure and recreation. Delaire Country Club is not just a residence, but a private boutique country club, where 324 custom homes surround a 27-hole championship golf course that requires no tee time. The clubhouse itself is a work of art, featuring a state-of-the-art 16,000 sq ft fitness center, outstanding culinary cuisine, a resort-style pool area, and 8 Har-Tru tennis courts. Enjoy the generous extended family policy that Delaire offers, ensuring that you and your loved ones can fully embrace the country club lifestyle.
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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%.
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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.
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 |
|---|---|---|---|
| Jun 20, 2024 | Sold | ||
| Sold | |||
| Apr 29, 2024 | Listed by Lang Realty/Delray Beach | $1,699,900 | |
| Listed by Lang Realty/Delray Beach | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017