220 Edgemere Drive
About This Property
This expansive 2,788 sq. ft. ranch sits on over an acre of land in a picturesque cul-de-sac. Featuring an expanded kitchen, three bathrooms, and abundant hardwood flooring, this home offers both comfort and style. A very large unfinished basement provides endless possibilities for customization. The stunning curb appeal welcomes you, while the backyard oasis offers the perfect retreat for relaxation and entertainment. Don't miss this exceptional opportunity!
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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 |
|---|---|---|---|
| Jul 15, 2025 | Sold | ||
| Sold | |||
| May 21, 2025 | In contract | - | |
| In contract | |||
| May 4, 2025 | Price Decreased |
$715,000
↓ $20K
(2.7%) | |
| Price Decreased | |||
| Apr 25, 2025 | Price Decreased |
$735,000
↓ $15K
(2%) | |
| Price Decreased | |||
| Mar 25, 2025 | Price Decreased |
$749,900
↓ $25K
(3.2%) | |
| Price Decreased | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Toms River
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$3,600 /mo
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$3,295 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017