36
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608 Cedar Road
About This Property
The expansive 12-foot-wide covered decks create exceptional outdoor living and entertaining space, complete with stairs leading down to an outdoor area with ample space to make your own fire pit or amenity area, plus a jetted jacuzzi hot tub on the oversized upper deck-a major draw for rental guests. The exterior features low-maintenance Hardie siding and a costly standing-seam metal roof, ensuring long-term durability with minimal upkeep.
Inside, you'll find custom hickory cabinetry and vanities, along with beautiful Amish-crafted furniture that conveys, making this a fully turnkey investment. With ample parking and city sewer and public water, no steep road and NO HOA, this cabin offers a rare combination of walkable location, low maintenance, and high-demand rental appeal. A recent survey is already on file for added peace of mind. Driveway will be paved by end of year.
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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 |
|---|---|---|---|
| Feb 20, 2026 | Sold | ||
| Sold | |||
| Jan 16, 2026 | In contract | - | |
| In contract | |||
| Dec 13, 2025 | Listed by Prime Mountain Properties | $769,000 | |
| Listed by Prime Mountain Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017