1516 Edgevale Road
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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 |
|---|---|---|---|
| Aug 25, 2025 | Sold | ||
| Sold | |||
| Jul 13, 2025 | In contract | - | |
| In contract | |||
| Jun 30, 2025 | Price Decreased |
$649,000
↓ $16K
(2.4%) | |
| Price Decreased | |||
| Jun 26, 2025 | Listed by Inhabit Real Estate | $665,000 | |
| Listed by Inhabit Real Estate | |||
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You can't help yourself from falling for this perfectly cute cape cod in popular Duke Park. This is no basic floor plan - no matter what your situation, this four bedroom, two bath house has the spaces you need to Tetris your life into. A nook off the kitchen offers containment and saves you the aggravation of keeping an eye on less-trustworthy household members while prepping meals. With two bedrooms and a full bath on each floor, it won't get complicated trying to figure out how to lay out your household, whether you have more need for office space, bedrooms, or to set up your crafting room. An open kitchen + dining area allows for the resident chef to stay part of the conversation flow while also keeping an eye on the entree. A screened in porch will keep the mosquitos at bay for those tasked with supervision of any recreational activities taking place in the spacious, fenced in backyard. A basement garage, definitely a bit of a rarity for the house's age and location, easily holds overflow garden tools, bikes, with plenty of room left over. You'll be within an easy stroll of the farmer's market and all things downtown Durm. You'll be living on the Edge(vale)!
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| Jul 25, 2022 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017