63 Cedar Avenue
About This Property
Welcome to Cedar Avenue, a historically prestigious and sought-after location where convenience to major routes, trains, schools and colleges, parks and recreation, shopping and dining meets the tranquility of a peaceful neighborhood setting. This 4-bedroom, 2-bath split-level home boasts generous square footage set on a serene half-acre, offering room to breathe and play, unlike many homes in the area. Built by the original owner with a solid foundation, this home has seen recent updates including a new roof, boiler and hot water heater. Step inside to a slate floor entry that opens to a warm and inviting living room, complete with a wood-burning brick fireplace and a charming bay window-perfect for cozy gatherings or quiet reading moments. The large, bright kitchen features an open concept design with a breakfast bar and dining area that seamlessly flows to a newer outdoor deck. Overlooking a level backyard, this space is an ideal retreat to enjoy nature, with friendly neighbors and the occasional deer visiting through the privacy trees. Whether you envision lush gardens, a play area or simply a private oasis, the possibilities are endless! The primary bedroom offers a spacious walk-in closet, while the versatile lower-level bedroom is perfect for a home office. All bedrooms are equipped with ample closet space. The generously-sized family room provides endless options for furniture layout and entertainment, opening to an enclosed sun porch that leads to newer multi-tier decking surrounding an above-ground pool. Additional features include a 2-car garage-currently set up with one bay as a workshop but easily convertible-and a huge crawl space for abundant storage. This home, both indoors and out, offers a wonderful opportunity to create lasting memories for years to come. Don't miss your chance to make it your own! Additional Information: ParkingFeatures:2 Car Attached,
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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 3, 2025 | Sold | ||
| Sold | |||
| Jan 20, 2025 | In contract | - | |
| In contract | |||
| Nov 23, 2024 | Relisted | $435,000 | |
| Relisted | |||
| Nov 23, 2024 | No longer available | - | |
| No longer available | |||
| Nov 1, 2024 | Listed by BHHS Hudson Valley Properties | $435,000 | |
| Listed by BHHS Hudson Valley Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017