714 Cedarcrest Drive
About This Property
Welcome home to this beautiful 3-bedroom, 2-bathroom home built in 2025, offering modern comfort and thoughtful design in a cozy, established neighborhood. The open-concept floor plan creates a seamless flow between the living, dining, and kitchen areas, making it perfect for entertaining guests or enjoying everyday life.
Enjoy the benefits of new construction while being surrounded by the charm and character of an established community. Spacious bedrooms, contemporary finishes, and abundant natural light make this home both inviting and functional.
An added bonus: the seller is offering owner financing, creating a fantastic opportunity for buyers seeking flexible purchasing options.
Don't miss your chance to own a brand-new home in a welcoming neighborhood with a financing option that can help make homeownership more accessible. Schedule your showing today!
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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 |
|---|---|---|---|
| Jun 27, 2026 | Price Decreased |
$1,750
↓ $263K
(99.3%) | |
| Price Decreased | |||
| Jun 27, 2026 | In contract | - | |
| In contract | |||
| Jun 23, 2026 | Listed by BHHS Premier Properties | $265,000 | |
| Listed by BHHS Premier Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017