1225 Coral Cay Bend
About This Property
The gourmet kitchen is a chef's dream, featuring a gas cooktop with stainless steel vent hood, farmhouse sink in the island, cabinet-mounted oven and microwave, and walk-in pantry with wood shelving. Soft-close cabinetry extends throughout the home, including the laundry room, providing both style and convenience. A practical jumpstart bench off the garage entry offers a dedicated spot for coats and shoes, helping maintain organization in everyday life. A tankless water heater in the garage ensures efficient, on-demand comfort.
The first floor also includes a guest bedroom, while upstairs the secondary bedrooms share a hall bath, and a fourth bedroom has a private entrance into the same bath. The primary suite features a trey ceiling, dual vanities, and two walk-in closets for a spacious, luxurious retreat. A second-floor loft and a third-floor loft with private full bath provide versatile spaces perfect for a home office, media room, or recreation area, making the Edison ideal for a variety of lifestyles.
Rosedale is a vibrant, amenity-rich community. The Classic Collection offers spacious, open-plan homesites with up to five bedrooms, providing plenty of space for families, hobbies, and entertaining. Upcoming community amenities include a clubhouse, swimming pool, parks, and more, ensuring residents can enjoy both active and relaxing pursuits.
With access to a top-rated school district, nearby shopping centers, and less than five miles from Downtown Wake Forest, offering charming restaurants and specialty shops, the Edison at Rosedale presents the perfect combination of modern living, community amenities, and convenient location.
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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 |
|---|---|---|---|
| Jan 26, 2026 | Sold | ||
| Sold | |||
| Jan 5, 2026 | In contract | - | |
| In contract | |||
| Oct 30, 2025 | Price Increased |
$569,990
↑ $10K
(1.8%) | |
| Price Increased | |||
| Oct 2, 2025 | Price Increased |
$559,990
↑ $5K
(0.9%) | |
| Price Increased | |||
| Sep 30, 2025 | Relisted | $554,990 | |
| Relisted | |||
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About Wake
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017