119 Edgewood Drive
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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 |
|---|---|---|---|
| Mar 24, 2021 | Sold | ||
| Sold | |||
| Jan 11, 2021 | Listed by Real Broker, LLC | $63,500 | |
| Listed by Real Broker, LLC | |||
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A truly unique open golf lot on an elevated bluff overlooking Weiskopf #6 and close to the green with the waters of Lake Conroe. Lot has a north/south orientation with is a large spoils area between the lot & the fairway creating the perfect combination of elevation & separation. An exceptional value for a buyer wanting to access all the amenities of Bentwater!
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About Montgomery
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017