15 Edgar 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 |
|---|---|---|---|
| Apr 25, 2024 | Sold | ||
| Sold | |||
| Mar 17, 2024 | In contract | - | |
| In contract | |||
| Mar 7, 2024 | Listed by Signature Premier Properties | $490,000 | |
| Listed by Signature Premier Properties | |||
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This adorable 1941 ranch home is nestled on a beautiful, predominantly flat 3/4 acre parcel in a serene Smithtown neighborhood. Enter through a charming enclosed porch to the front door. The main level has two bedrooms and two baths, kitchen and living room, all with hardwood floors. The lower level offers great additional space for whatever your needs are. The attic also provides great additional space. The back yard is flat and fully fenced with a deck for entertaining plus a shed. Plenty of driveway parking. Many updates were completed within the past year including new septic 3 ring system, new concrete entryways and a new roof. Electric panel updated to 200 amp. Generator hookup with portable generator included in the sale. Low, low taxes of 5,031.91 after basic STAR exemption.
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| May 13, 2008 | Sold | ||
| Sold | |||
| Nov 4, 2004 | Sold | ||
| Sold | |||
Property Highlights
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About Smithtown
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017