714 CEDARDAY DR
About This Property
As you walk in the main door and enter the home, you'll notice the solid craftmanship of the home from the beautiful hardwood floors, 9 ft ceilings, solid cabinetry, and beautiful presentation. The Main level boasts a formal Living Room, formal Dining Room, family Room w/beautiful Gas Fireplace, Eat-In Kitchen w/Island, Granite Counters, Separate Laundry Rm, powder room and adjacent dwelling/in-law suite with full kitchen, living room, bedroom, walk in closet and large bathroom complete with its own outside entrance. The cherry on top is the bright and airy 4-Season room that connects to a spacious deck over-looking a wonderful park-like setting with mature treed back yard. The Upper Level includes 5 Separate Bedrooms w with the Primary being a generous sized bedroom, ensuite bath and a huge walk-in closet. Last but certainly not least, we make our way to the Finished Lower Level (w/walkout stairs to backyard) which is sure to WOW you with it's 2nd Family/Game Room, exercise/workout Rooms along with amazing wet-Bar or potential Kitchenette and nicely appointed half bath. Even more, there's a full workshop! This home is located in the heart of Bel Air and is convenient to shopping, entertainment and restaurants. Patterson Mill School District!!
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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 |
|---|---|---|---|
| Jan 18, 2024 | Sold | ||
| Sold | |||
| Dec 15, 2023 | In contract | - | |
| In contract | |||
| Dec 14, 2023 | Relisted | $700,000 | |
| Relisted | |||
| Dec 14, 2023 | In contract | - | |
| In contract | |||
| Dec 12, 2023 | Price Decreased |
$700,000
↓ $25K
(3.5%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017