8 Cedardale Road
About This Property
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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 |
|---|---|---|---|
| Aug 26, 2025 | Sold | ||
| Sold | |||
| Jul 28, 2025 | In contract | - | |
| In contract | |||
| Jul 15, 2025 | Listed by Century 21 Property Central Inc. | $614,900 | |
| Listed by Century 21 Property Central Inc. | |||
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Welcome to 8 Cedardale Road - your tranquil retreat in Lynn! Set on a quiet dead-end street across from a scenic pond, this well-maintained 2-bed, 2-bath home blends peaceful surroundings with commuter convenience. It’s near public transit, Route 1, major highways, and Lynn Woods Reservation. Inside, enjoy gleaming hardwood floors and a sunny, open layout connecting the living room with fireplace, dining area, and granite kitchen. Both bedrooms offer generous space and ample closets. First-floor laundry (washer/dryer included) adds ease. The finished basement features a large bonus room, updated full bath, and plenty of storage. Additional highlights include a covered porch connected to the attached garage, an oversized, professionally landscaped, partially fenced backyard, and recently upgraded furnace, boiler, and central air for year-round comfort.
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| Oct 30, 2019 | Sold | ||
| Sold | |||
| Sep 8, 2019 | Listed by J. Barrett & Company | $410,000 | |
| Listed by J. Barrett & Company | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017