11658 EDGEMERE 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 |
|---|---|---|---|
| Jul 22, 2024 | Sold | ||
| Sold | |||
| Jun 12, 2024 | In contract | - | |
| In contract | |||
| Jun 4, 2024 | Listed by EXP REALTY LLC | $599,000 | |
| Listed by EXP REALTY LLC | |||
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Mandarin pool home with nearly 3000 square feet of living space. Multiple covered outdoor entertaining areas and an interior atrium. Enjoy single story living and a thoughtful layout that offers privacy between 4 bedrooms. The primary suite has dual walk-in closets, a claw foot soaking tub, and an extra large walk-in shower. The updated kitchen has new quartz countertops, a workstation sink, brand new cabinetry with soft close drawers, and stainless appliances. Extra supplies can be conveniently hidden in the walk-in pantry. Vaulted ceilings, new tile floors, and a cozy fireplace highlight the living room. New roof, new windows, HVAC recently serviced and within its useful life. Smooth ceilings and fresh paint throughout. 1 year home warranty included with purchase. Close to Mandarin Park/boat ramp, shops and restaurants, and a short walk to Walter Jones Historic Park. Pool table, smart home features (ring camera, nest thermostat) included in sale. Mandarin Schools. Voluntary HOA.
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| Mar 15, 2024 | Listed by EXP REALTY LLC | $629,000 | |
| Listed by EXP REALTY LLC | |||
| Oct 3, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017