903 Deodar Cedar Drive
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 |
|---|---|---|---|
| Sep 12, 2026 | Price Decreased |
$559,000
↓ $16K
(2.8%) | |
| Price Decreased | |||
| Aug 27, 2026 | Price Decreased |
$575,000
↓ $10K
(1.7%) | |
| Price Decreased | |||
| Jul 22, 2026 | Listed by Ivester Jackson Christie's | $585,000 | |
| Listed by Ivester Jackson Christie's | |||
| Feb 15, 2025 | In contract | - | |
| In contract | |||
| Feb 10, 2025 | Listed | $525,000 | |
| Listed | |||
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Welcome to 903 Deodar Cedar Drive, a premium 0.75-acre homesiteoffers more space than most available lots in the sought-after Twin Lakes Custom Home Community - Weddington, North Carolina. This exclusive neighborhood spans 116 acres and offers residents an array of upscale amenities, including scenic walking trails, a serene waterfront gazebo, championship-grade pickleball courts, and a community dock perfect for kayaking, canoeing, and paddle boarding. Benefit from low Union County taxes and access to award-winning Weddington schools. This lot presents a unique opportunity to build your dream custom home in a sought-after location that combines luxury living with natural beauty.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017