11247 Edgewater Circle
About This Property
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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 14, 2024 | Sold | ||
| Sold | |||
| Feb 14, 2024 | Listed by Redfin Corporation | $859,000 | |
| Listed by Redfin Corporation | |||
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Welcome home to this immaculate 5 bedroom 3 bathroom property located in the highly sought after Grand Isles of Wellington. BRAND NEW ROOF 2024! As soon as you enter, you immediately notice the abundant natural light and gorgeous waterfront view. The home features tile flooring throughout the living areas and laminate in the bedrooms. The huge primary suite has an amazing view of the pool area and water, tray ceiling and tons of closet space. The primary bath boasts dual vanities, soaking tub and separate shower. A/C 2018 and Hot Water Heater 2022. The triple split bedroom floor plan allows for great privacy and separation of use with the 5th bedroom easily serving as an office, guest room or den. The other secondary bedrooms all allow for plenty of space and ample storage. The k itchen features granite countertops, stainless steel appliances and large breakfast bar opening out to the huge family room, perfect for entertaining. Accordion shutters and an impact front door provide for full storm protection. When you walk out back, you step into your own private resort. Grand curvilinear pool with stamped concrete patio and tropical landscaping have you feeling like you are on vacation. Pool deck resurfaced and new pool heater 2022 with new control system 2024. The home's three car garage offers tons of room for parking and storage with extra space for toys. Exterior of home and driveway repainted 2023, unbelievable long lake views and new window treatments 2022 round out the highlights. Grand Isles is a manned gated community offering a clubhouse with pool, tennis, meeting room, fitness center and playground. Located in the heart of Wellington, this opportunity provides a fantastic location not far from fantastic amenities, highly rated schools, equestrian events, gorgeous beaches, shopping and quick access to highways. Please make sure to check out the 3D virtual walk through and schedule an appointment today!
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| Apr 17, 2018 | Sold | ||
| Sold | |||
| Mar 2, 2018 | Listed by The Keyes Company | $499,000 | |
| Listed by The Keyes Company | |||
| Nov 9, 2001 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017