165 EDGEWATER BRANCH Drive
About This Property
Other favorite memories are of family Christmases with the grandkids huddled around the TV watching Christmas specials in the soft glow from the fireplace as the cooks watched from the kitchen while they prepared dinner. The guys preferred to gather at the breakfast bar munching on snacks or passed the time before dinner lost in their own conversation behind the closed French doors in the adjacent study/fourth bedroom.
One of the things we have loved about our home is the spacious dining room with room to gather all 10 adults around the table for a formal dinner while the kids dined within sight in the adjacent gathering room. Our use of the gathering room has changed through the years; at one point serving as a formal living room, but most recently as our favorite hangout for game night or putting together our latest puzzle as we enjoyed the view through the lanai to the pond. A hot tub previously sat on the lanai outside the master bedroom and provided a relaxing way to end the day. Although the tub is no longer there, the plumbing still remains for future use. The retractable awning, while no longer motorized, still provides additional shade to the portion of the lanai not protected from the sun and rain by the roof.
With direct access to the lanai, the master bedroom with its bay window and tray ceiling was always our personal retreat. The "his and her" closets and vanities made getting ready for work easy and the glass blocks at the garden tub provided plenty of privacy from the road.
Overnight visitors were always quite at home in the 2 large bedrooms and en-suite bathroom located at the opposite side of the house, close to the garage exit making it easy to come and go without disturbing the rest of the family. We always used the large hall closet in this area which is right around the corner from the kitchen as additional pantry storage.
I loved my kitchen with its striking granite countertops and tile backsplash, pullout shelves in every cabinet, a lazy susan in the corner cabinet, and 42" high cabinets providing plenty of storage. However, I find myself lamenting over the fact that we waited until we are leaving to replace all of the existing appliances with the new premium stainless-steel appliances we just installed. We selected the Whirlpool slide-in range with 7 cooking features including air-frying and won't even have the chance to use it. I have always wanted a French door fridge with ice and water in the door like the new one, and wish we had the quiet stainless steel interior dishwasher with a 3rd adjustable silverware rack at our new place.
To refresh the home for whoever is lucky enough to become the new owners, we had the entire interior repainted, including the garage, and professionally cleaned the hardwood floors that run throughout the house except for one bedroom which received new carpet.
Act quickly, because this home and its location is one-of-a-kind in this area and the A-rated St. John's County schools are sure to bring a quick-sale! Note, Whirlpool Stainless steel French Door fridge with Icemaker and water in the door is included, was ordered on 11/14 and is overdue.
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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%.
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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 28, 2025 | Sold | ||
| Sold | |||
| Mar 23, 2025 | In contract | - | |
| In contract | |||
| Mar 20, 2025 | Price Decreased |
$569,000
↓ $30K
(5%) | |
| Price Decreased | |||
| Mar 10, 2025 | Price Decreased |
$599,000
↓ $16K
(2.6%) | |
| Price Decreased | |||
| Feb 28, 2025 | Listed by RE/MAX UNLIMITED | $614,800 | |
| Listed by RE/MAX UNLIMITED | |||
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BIG PRICE ADJUSTMENT! Beautiful home - in Edgewater Branch, the Exclusive Large Lot section of Julington Creek Plantation. Enjoy the JCP Lifestyle as you relax on your extended Lanai, with the Water - Golf - Wooded Preserve VIEW! Estate size 100 foot wide Homesites are in this section! Rarely found in this price range! Owners added OVER $20k in New Recent Upgrades since Oct. 2024: New Kitchen Cabinet doors & cabinet refinishing, New Bath Vanity sink-tops, New window blinds, New bathroom Floor Tile, and New carpet in 2 rooms and Water heater too. BONUS: FULL- HOME Generator come with the home, with in-ground propane tank. There is Room to park a small trailer behind the privacy fence! ENJOY All the Julington Creek Plantation Amenities - Pool, Swim Club, Tennis Club, Fitness areas, and Much More. The 18 hole Championship Golf Course was Renovated in 2022, it's Optional to join, and great to PLAY! HURRY IN, this home won't last long on the market!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017