61 Cedar Drive
About This Property
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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 |
|---|---|---|---|
| Oct 29, 2025 | Sold | ||
| Sold | |||
| Sep 23, 2025 | In contract | - | |
| In contract | |||
| Sep 17, 2025 | Listed by Keller Williams Realty | $435,000 | |
| Listed by Keller Williams Realty | |||
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Recent updates make this 3-bedroom, 1-bath Carver ranch a true gem! Set at the end of a quiet street on a large, level lot with a fully fenced backyard, this home offers privacy and outdoor space to enjoy. Inside, the single-level layout features a bright living room that flows into the kitchen and dining area. Major updates within the last 4 years include: septic system, tankless hot water heater, bathroom remodel, water filtration system and new appliances. Additional updates include a new well, new oil tank, and a generator hook-up. You'll love the finished basement space for added storage, office or play room. Move-in ready with peace of mind already built in!
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| Jul 8, 2022 | Sold | ||
| Sold | |||
| May 18, 2022 | Listed by Suburban Lifestyle Real Estate | $299,900 | |
| Listed by Suburban Lifestyle Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017