16
Map
2078 Edgewater Sound
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 |
|---|---|---|---|
| May 19, 2026 | Sold | ||
| Sold | |||
| Sep 8, 2025 | Listed by The Real Estate Depot | $59,900 | |
| Listed by The Real Estate Depot | |||
| Aug 7, 2025 | Listed by The Real Estate Depot | $59,900 | |
| Listed by The Real Estate Depot | |||
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Come and see this beautiful lot in a one of a kind, gated, waterfront community on Cherokee Lake. This lakefront lot not only offers direct lakefront access but also comes with a full amenities package exclusive to the residents of the Windswept Community. Public utilities and Fiber optics are run underground throughout Windswept, saving the residents thousands of dollars in their building costs and allowing them to easily work from home with high speed internet. The community also offers several other amenities that set it apart from all other developments in the area, including; paved roads with rolling curbs and sidewalks, a private marina, club house, pool, basketball court, and a tennis/pickleball court. A key feature that really sets this community apart is the 10,000 sq ft Manor house sitting on a bluff that is overlooking Cherokee Lake. The Manor House is fully equipped to entertain and relax and is available to Windswept residents for regular use and a total of 5 overnight stays per homeowner per year at no additional charge. The association dues are only $75/month which includes use of the manor house, marina, private boat ramp, boat slips and community amenities. This property is a rare gem, offering an incredible opportunity to invest in a stunning piece of real estate in one of East Tennessee's most desirable communities and at an unbeatable price! Call the listing agent today to schedule a time to go see this amazing property and all that it has to offer! All information taken from tax records; agents and buyers to verify.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017