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653 Lost Cedar Trail
About This Property
Four spacious primary suites each offer private patios with access leading to the hot tub, along with spa-inspired bathrooms featuring beautifully tiled walk-in showers. A standout bunk room includes 13 twin beds, a private ensuite bath, and a dedicated play area with lounge seating and a retro arcade, perfect for hosting larger groups.
The lower-level game room is fully equipped with a full-size pool table, shuffleboard, Golden Tee arcade, and a TV. Outdoor amenities abound with a rock fireplace, ping pong, horseshoes, a playset, and opportunities to kayak and enjoy the pond. The evening wraps up around the firepit, perfect for a warm glow and s'mores. This property offers the ideal blend of luxury, comfort, and short-term rental potential in a great location.
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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 |
|---|---|---|---|
| Jul 10, 2026 | Sold | ||
| Sold | |||
| May 29, 2026 | In contract | - | |
| In contract | |||
| Apr 21, 2026 | Listed by eXp Realty, LLC | $1,285,000 | |
| Listed by eXp Realty, LLC | |||
| Mar 4, 2025 | No longer available | - | |
| No longer available | |||
| Feb 24, 2025 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017