152-153 Edgewater 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 15, 2024 | Sold | ||
| Sold | |||
| Apr 6, 2024 | In contract | - | |
| In contract | |||
| Mar 20, 2024 | Listed by RE/MAX Realty Pros | $549,000 | |
| Listed by RE/MAX Realty Pros | |||
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Get a chance to live the dream of owning on the water with direct access to Houghs Neck Bay/Wessagusett and waterfront! This home has been updated over time and has an open floor plan. Hardwood floors. It is in a flood zone but the house has never been flooded during owner's ownership since 2010. The large enclosed front porch is heated via the newer furnace (6 yrs old). The furnace is an efficient 6 yr young wall-mounted Burham. Under house flooring/joists where sprayed with Water/Fire Insulation in 2011. 2 beds and a utility room/closet for both beds. The yard is fenced in. The two/three car driveway is paved. There are two lots with this sale ie...the house lot and the water lot across the street. The setting is across from Racoon Island and very picturesque. You can moor your boat right in front of your new HOME! Cross the street and be on Edgewater Beach! Want to live your dream? Here it is! Stove 1 yr old.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017