10
Map
702 Cedar Drive
About This Property
East Marion is celebrated for its natural beauty, offering residents and visitors alike a serene environment to unwind and enjoy outdoor activities. The area boasts a rich tapestry of local culture, is in close proximity to the beloved Kontokosta Vineyard, Islands End Golf Club and seconds from a vibrant Greenport Village. East Marion is one of the North Fork's best-kept secrets offering privacy, charm, and easy access to everything you love about the Northfork. Whether you're a builder, investor, or future homeowner, this offering is a rare find in a tightly held, upscale coastal enclave.
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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 |
|---|---|---|---|
| Jun 25, 2026 | Sold | ||
| Sold | |||
| Mar 6, 2026 | In contract | - | |
| In contract | |||
| Mar 1, 2026 | No longer available | - | |
| No longer available | |||
| Jan 11, 2026 | Price Decreased |
$595,000
↓ $50K
(7.8%) | |
| Price Decreased | |||
| Aug 27, 2025 | Listed by Realty Connect USA L I Inc | $645,000 | |
| Listed by Realty Connect USA L I Inc | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017