37
Map
1315 Edwards 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 |
|---|---|---|---|
| May 19, 2026 | Listed by eXp Realty LLC | $590,000 | |
| Listed by eXp Realty LLC | |||
| Apr 14, 2025 | Sold | ||
| Sold | |||
| Apr 2, 2025 | In contract | - | |
| In contract | |||
| Mar 25, 2025 | Price Decreased |
$565,000
↓ $60K
(9.6%) | |
| Price Decreased | |||
| Feb 20, 2025 | Listed by RE/MAX Signature | $625,000 | |
| Listed by RE/MAX Signature | |||
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Coveted neighborhood overlooking Galveston Bay. Premiere location. Double balcony decks overlooking Galveston Bay. 140' fishing pier. Boat dock located behind the home on a protected canal. Elevator from ground floor to the primary suite. Primary floor with bay views. Upgraded appliances. Main level with open kitchen to the living room with soaring ceiling. Two bedroom one bath and utility room. Primary has unobstructed views with private balcony. Expansive bathroom with large walk in shower, closet and bidet. Double fireplace. Ground floor set up for entertaining and feeling the breeze off the water. Half bath on ground floor. Easy drive to Top Water Grill or Pier 6 Oyster House.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017