729 Cedar Road #2A
About This Property
The manager has listed the unit size as 1250 square feet.
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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%.
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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 15, 2024 | No longer available | - | |
| No longer available | |||
| May 17, 2024 | In contract | - | |
| In contract | |||
| May 4, 2024 | Relisted | $345,000 | |
| Relisted | |||
| May 2, 2024 | In contract | - | |
| In contract | |||
| Apr 10, 2024 | Listed | $345,000 | |
| Listed | |||
| | |||
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Welcome to your lakeside paradise! This exquisite 2 bed 2 bath condo boasts a panoramic 180-degree view of the lake from both bedrooms and living room. Remodeled in 2024, this condo offers a perfect blend of contemporary elegance and comfort. Brand new kitchen appliances, luxury vinyl plank flooring, carpet in bedrooms, custom kitchen cabinets with quartz countertops, new bathroom vanities and extra insulation for sound. Convenient walk-in hassle-free parking to condo entry. Don't forget the 10x24 slip equipped with a remote-controlled lift for 2 PWC. This condo is turn-key, everything stays! Great opportunity to buy today and be ready for a memorable summer. The manager has listed the unit size as 1250 square feet.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/10/2024
|
2 Bed
|
2 Bath
|
1250 ft²
|
$345,000
2 Bed
2 Bath
1250 ft²
|
-
-
|
TAMMY BIESK
Dielmann Sotheby's International Realty
| |
|
09/15/2022
|
2 Bed
|
2 Bath
|
1250 ft²
|
$299,000
2 Bed
2 Bath
1250 ft²
|
-
-
|
TAMMY BIESK
Dielmann Sotheby's International Realty
| |
|
10/14/2018
|
3 Bed
|
3 Bath
|
1764 ft²
|
$209,900
3 Bed
3 Bath
1764 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017