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116 EDWARD DRIVE
About This Property
Enjoy the best of both worlds-privacy and convenience. Just minutes from top-rated schools, shopping, dining, parks, and the beautiful beaches that make Palm Coast so desirable. Major roadways are also nearby, ensuring easy access while maintaining a quiet residential atmosphere. Whether you're ready to build now or planning for the future, this property represents a rare opportunity in a proven, high-demand location. Lots like this are becoming increasingly difficult to find-secure your place in this thriving community today.
Call today to schedule a private tour of the neighborhood, or drive by and experience the location for yourself.
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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 |
|---|---|---|---|
| Oct 25, 2026 | In contract | - | |
| In contract | |||
| Aug 8, 2026 | Price Decreased |
$93,000
↓ $2K
(2.1%) | |
| Price Decreased | |||
| Feb 12, 2026 | Listed by VIRTUAL HOMES REALTY | $95,000 | |
| Listed by VIRTUAL HOMES REALTY | |||
| Aug 18, 2025 | Sold | ||
| Sold | |||
| Jul 26, 2025 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017