5454 Cedar Creek Drive
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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 |
|---|---|---|---|
| Dec 15, 2022 | Sold | ||
| Sold | |||
| Oct 20, 2022 | Listed by Douglas Elliman Real Estate | $2,750,000 | |
| Listed by Douglas Elliman Real Estate | |||
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An exquisite home, undergone extensive renovation with style & grace by the skillful & talented “Taylor & Taylor Design”. Located in a premier desirable Tanglewood neighborhood w/inviting front elevation this spectacular home offers comfortable living, entertaining spaces both indoor & out added to a perfectly proportioned floor plan. Grand foyer opens to regal reception, gracious formals, home off & elegant staircase. Family rm w/fireplace, wet bar, wine rm & wine storage overlooking gracious gardens. Gourmet island kit designed to accommodate multipurpose preparation. Open to breakfast area & family rm. Oversized Primary w/sitting area, F/P, next to a workout rm or 2nd office. Lavish primary spa-like bath w/Lg dressing area. 3 add’l secondary bdrms. Third floor bedroom/game rm or media w/full bth. Gated sizeable motor court w/ample parking leads to 3 car garage. Guest quarters w/full bath & kitchenette. Close proximity to Uptown, Galleria & all Fine Shopping & Dining.
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| Feb 18, 2022 | Sold | ||
| Sold | |||
| Sep 8, 2021 | Listed by Douglas Elliman Real Estate | $2,249,000 | |
| Listed by Douglas Elliman Real Estate | |||
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This amazing home is ideal for comfortable living & entertaining both indoor & out. Located in a desirable premier Tanglewood location with stunning curb appeal & perfectly proportioned floor plan. Grand foyer opens to large formals, home office or piano room w/French doors. Spacious family room w/fire place, wet bar & wine closet overlooking a huge back yard with lush landscape water feature & outdoor covered logia. Large kitchen w/center island adjoined to breakfast room. Oversized primary suite w/extra room ideal for additional office, nursery or workout space. Lavish primary bath w/two walk-in closets. Three add’l secondary bdrms. Third floor bedroom/game rm or media w/full bth. Gated sizeable motor court with ample parking leads to a three car garage and a two story separate Guest Quarters w/full bath & kitchenette. Offering an add’l 500 sq.ft.of living space (per seller). Walk to Tanglewood Blvd w/close proximity to Uptown Pk & Galleria fine dining & shopping.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017