157 EDGEWAY
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 30, 2025 | Sold | ||
| Sold | |||
| Apr 4, 2025 | In contract | - | |
| In contract | |||
| Apr 3, 2025 | Listed | $1,175,000 | |
| Listed | |||
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Welcome to 157 Edgeway and say hello to all of your waterfront dreams!! Perfectly located in a quiet cul-de-sac in the coveted community of Pines on the Severn AND perfectly located on the water in a beautifully protected and nature-rich cove!! You will immediately feel at home upon entering and will immediately be impressed by the space and natural light that flows through the home. The main level features an updated kitchen with an oversized island that adjoins perfectly with the family room, dining area, and the oversized waterfront deck. Entertaining will be a breeze, and your only problem will be getting people to leave!! Also on the main level are 2 light-filled bedrooms and a full shared hall bathroom. Prepare to be impressed and taken to a calmer place as you head upstairs to the primary retreat with a private waterfront balcony. You will feel like you are on vacation every day!! Once you step away from the picturesque views, you will notice a beautifully sized primary bathroom with a walk-in rain shower, dual vanities, and a soaking tub. The fun continues as you head down to the lower level - you simply can't call this a basement, as it is a full walkout with tons of natural light and space galore to utilize however your heart desires. The lower level also has another bedroom and an adjoining full bathroom - did we mention guests not leaving.... Homes like this don't come on the market very often, especially this market!! Don't hesitate, as this is priced perfectly and will not last long!!!
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| Dec 30, 2002 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017