9 Cedar Lane
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%.
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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 28, 2024 | Sold | ||
| Sold | |||
| May 25, 2024 | In contract | - | |
| In contract | |||
| May 17, 2024 | Listed by Daniel Gale Sothebys Intl Rlty | $875,000 | |
| Listed by Daniel Gale Sothebys Intl Rlty | |||
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STRONGS NECK BAY VIEW BEACH ASSN--SUMMERTIME FUN with beach, boating (mooring privileges and dock), kayaking, clamming and sunsets too. A perfect spot for everyone! Welcome to this custom builder's own home. This Cape-style is on a .68 acre lot and features a huge living room with a view of Conscience Bay and a fireplace with 110" hearth! The Dining Room shares a temporary wall with the kitchen and the breakfast room is adjacent to the sunroom (15'x16" with high ceiling and sliders to the deck and backyard. The Primary Bedroom is behind the Living Room, also has a view of the Bay and en suite bath with large shower. Continue down the hall to an Office and Powder Room then head upstairs. The first bedroom also has an office space and walk-in closet and the hall features storage cabinets and both oversize bedrooms have Bay views. The main bath offers a tub/shower and is tiled floor to ceiling. Full basement offers storage and lots of room for recreational activities. A covered breezeway connects to the 2-car garage. A bit of history--Mrs Strong sold the lot to builder Don Bracken who constructed the house for his family using high quality materials, including hardwood floors throughout! Beach Assn Dues $250 yearly. "All offers to be submitted by 6 pm on May 23"
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017