123 EDWARD 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 |
|---|---|---|---|
| Nov 13, 2025 | Sold | ||
| Sold | |||
| Oct 26, 2025 | In contract | - | |
| In contract | |||
| Aug 22, 2025 | Listed by KOKOMO REALTY LLC | $120,000 | |
| Listed by KOKOMO REALTY LLC | |||
| Apr 29, 2025 | Price Decreased |
$116,000
↓ $4K
(3.3%) | |
| Price Decreased | |||
| Nov 20, 2024 | Listed | $120,000 | |
| Listed | |||
| | |||
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Discover the perfect canvas for your dream home in the highly desirable Cypress Knoll community, known for its serene surroundings and prime location. This vacant lot offers a unique opportunity to design and build exactly what you envision in a neighborhood celebrated for its natural beauty and well-maintained streets.
One of the standout features of this property is its freedom from HOA or CDD fees, giving you greater control over your home and budget. Additionally, the lot is zoned for top-rated Flagler County schools, making it an excellent choice for families seeking quality education in a peaceful, upscale setting.
Cypress Knoll, also known as the “E” Section of Palm Coast, is home to the renowned Cypress Knoll Golf Club, designed by Gary Player and surrounded by native wetlands and natural lakes. Its prime location offers convenient access to Flagler Beach, Bunnell, and the Town Center via Highway 100, as well as proximity to shopping hubs like Target and Publix, just minutes away.
Whether you're dreaming of a custom golf course home or a private wooded retreat, this lot provides the perfect foundation. Enjoy the best of both worlds with a tranquil setting and easy access to major amenities.
Don’t miss this rare opportunity to create your ideal home in one of Palm Coast’s most desirable communities. Access Cypress Knoll via Easthampton Boulevard, just west of Belle Terre Parkway, and start building your future today!
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About Cypress Knoll
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$2,400 /mo
- 5 Beds
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- 2,928 ft²
$2,400 /mo
- 4 Beds
- 2 Baths
- 2,293 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017