24
Map
115 Edison Way
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 8, 2026 | Price Decreased |
$799,000
↓ $90K
(10.1%) | |
| Price Decreased | |||
| Oct 22, 2025 | Listed by eXp Realty of California Inc | $889,000 | |
| Listed by eXp Realty of California Inc | |||
| Jul 18, 2022 | Sold | ||
| Sold | |||
| Jun 16, 2020 | Listed by David Lyng Real Estate | $440,000 | |
| Listed by David Lyng Real Estate | |||
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The owner is a respected local contractor and will build this out to suit in a very timely manner. This property comes with building and septic envelopes.Close to Soquel Village, Capitola beaches, shopping, entertainment and more. The property is located within easy access to Soquel-San Jose Road and the Summit. Proposed home of 3,175 sq ft + garage.
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| Jan 20, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017