16 Edgemere Rd
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 |
|---|---|---|---|
| Feb 16, 2025 | No longer available | - | |
| No longer available | |||
| Oct 9, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Sep 17, 2024 | Listed by Sagan Harborside Sotheby's International Realty | $3,499,000 | |
| Listed by Sagan Harborside Sotheby's International Realty | |||
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Experience the waterfront lifestyle you always imagined. This special, beachfront contemporary home offers direct water access and expansive views over the harbor, islands and the open ocean. This home has been wonderfully and expertly updated, all with an eye toward maximizing its exposure to the spectacular ocean expanses and easy carefree living. With open concept living blending seamlessly through the living, dining and family room spaces it offers perfect symmetry - allowing for gracious entertaining and cozy family experiences. The home features 4-bedrooms and 3 full baths including a spacious primary with luxurious bath, plenty of closets and an inviting balcony offering majestic vistas over the beach and ocean. Generous decks, and a covered patio offer direct access to the beach, inviting you to take advantage of all that waterfront living has to offer with swimming, kayaking, boating, sailing, boarding - all at your doorstep. Truly a unique and life-changing opportunity
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| Jan 19, 2024 | Sold | ||
| Sold | |||
| Nov 21, 2023 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017