18 Edgewater Park #A
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%.
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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 |
|---|---|---|---|
| May 30, 2024 | Sold | ||
| Sold | |||
| Mar 22, 2024 | In contract | - | |
| In contract | |||
| Mar 9, 2024 | No longer available | - | |
| No longer available | |||
| Mar 9, 2024 | Listed by Morris Park Realty Group | $409,000 | |
| Listed by Morris Park Realty Group | |||
| Jul 29, 2023 | Listed by Morris Park Realty Group | $409,000 | |
| Listed by Morris Park Realty Group | |||
| | |||
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Welcome to this 3 bedroom 2 bath co-op in the private community of Edgewater Park. The open living area provides lots of natural sunlight, an eat in kitchen, full bath, and den. Walk out to a lovely Trex deck backyard for BBQing and entertaining. The second level consists of 3 bedrooms with plenty of closets and a full bath. Washer/dryer unit in basement plus great storage space. Edgewater Park offers a gated community with private security detail, a volunteer fire house, deli, playground, basketball courts, community beach, garden, and running track.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/09/2024
|
3 Bed
|
2 Bath
|
-
|
$409,000
3 Bed
2 Bath
|
$400,000
-2.20%
05/30/2024
|
Mary Ackermann
Morris Park Realty Group
| |
|
02/05/2023
|
3 Bed
|
2 Bath
|
-
|
$439,999
3 Bed
2 Bath
|
-
-
|
Mahir Sadman
EXP Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017